Property profile

0 Mcdonogh Rd Owings Mills, MD 21117

OFF-MARKET
Land
1.75 ac lot
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Property summary

AI-generated overview

This exceptional 1.75-acre commercial land parcel presents a unique investment opportunity in the thriving Owings Mills, Maryland market. Located in Baltimore County, at 8890 McDonogh Rd (Lot 1.75), this property boasts a highly desirable location, situated next to the prestigious McDonogh School and the T. Rowe Price Owings Mills Campus. The property's APN is 02-2200025454. Zoned OT, this site is ideally suited for a variety of commercial uses, including a bank, with drive-thru lanes permitted. The asking price is $550,000, translating to a land value of $314,286 per acre. The strategic location offers excellent visibility and accessibility, complemented by nearby established businesses such as a 7-Eleven and a national daycare center. This prime location provides immediate access to a substantial and affluent customer base, making it an attractive proposition for developers and investors seeking a high-return investment in a rapidly growing area. The property's size and zoning regulations offer considerable flexibility for a range of development projects. This is a rare opportunity to acquire a well-positioned commercial land parcel in a highly sought-after location. The zip code is 21117.

Property profile

Verified
Property type Land
Lot 1.75 ac (76,230 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Mcdonogh Rd Owings Mills, MD 21117
Owings Mills metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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