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Property profile & analytics
OFF-MARKET
Office Spaces

135 Slade Ave Pikesville, MD 21208

5,000 SF
Property ID
Property summary
AI-generated overview

This exceptional 5,000 square foot office property, situated on a 1.54-acre lot in Pikesville, Maryland (zip code 21208), presents a unique investment opportunity. The property is currently configured as a single-tenant building, with 4,711 square feet of vacant space available for lease. The property is zoned OR-1, allowing for a variety of uses including childcare centers, eldercare facilities, medical office space, and urgent care facilities. The site offers flexibility with options for a ground lease, a build-to-suit arrangement tailored to a tenant's specifications, or leasing within a spec-built office building. The owner has conceptual plans for a 12,000 square foot spec office building, contingent upon securing an anchor tenant. This property benefits from its strategic location within the Pikesville Commercial Revitalization District (CRD) in Northwest Baltimore County, directly across from the Baltimore County Police Department and the Maryland State Police Forensic Sciences Division. The CRD is undergoing revitalization efforts, including planned traffic flow improvements and streetscape enhancements along the Reisterstown Road corridor. The existing building is adjacent to a long-term leased 5,000 square foot medical adult daycare center. This presents a compelling opportunity for businesses seeking a high-visibility location in a growing area with convenient access to major transportation routes and essential services. The property's zoning and location make it ideal for a variety of office uses, offering significant potential for growth and return on investment.

Property profile
Verified
Property type Office Spaces
Total area 5,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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