Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    11975 Reisterstown Rd Reisterstown, MD 21136
    Back to Search
    Property profile & analytics

    11975 Reisterstown Rd Reisterstown, MD 21136

    View on Map
    • Retail properties & Spaces
    • 4,520 SF
    • 0.86 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Wells Fargo Bank / Bank / Loan Service
    • Wells Fargo ATM / Atm
    • Wells Fargo Advisors / Financial Advisor

    Property Details for 11975 Reisterstown Rd

    Year built
    2009
    Lot size
    0.86 lot acres
    Property size
    4,520 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Retail space

    Description

    This exceptional investment opportunity presents a 4,520 square foot Wells Fargo Bank storefront located at 11975 Reisterstown Rd, Reisterstown, MD 21136. The property sits on a 0.86-acre lot and boasts a strong financial profile, including a 7.65% cap rate and a substantial net operating income (NOI) of $456,262. Built in 2009, this single-building retail property features all-brick construction and a four-lane drive-thru, enhancing its operational efficiency and customer convenience. The lease, a net ground lease with zero landlord responsibilities, has a remaining term of 4.9 years, extending to October 31, 2029, with 4 or 5-year options available. Rent increases are structured at 15% every five years, providing significant long-term growth potential. The tenant, Wells Fargo Bank, enjoys a strong S&P credit rating of "BBB+", offering exceptional creditworthiness and security. This location benefits from its strategic placement as an outparcel to a brand new Lidl-anchored power center, a signalized corner location providing easy access to the Reisterstown Shopping Center, and proximity to Franklin High School and Stevenson University. The surrounding area demonstrates high affluence, with an average household income exceeding $104,098 within a three-mile radius and a dense population of 16,411 people within just one mile. This property represents a rare opportunity to acquire a high-quality, net-leased retail asset with substantial upside potential. The asking price is $5,965,000, translating to $1,319.69 per square foot.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Reisterstown
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.8158
    Latitude
    39.449

    Comparable in this City

    • Value Estimation by Request
      2,503 SF

      209 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,503 SF
      209 Main St, Reisterstown, MD 21136-1259
      View Details
    • Value Estimation by Request
      4,361 SF

      6 Berrymans Ln

      RETAIL STORES (PERSONAL SERVICES) • 4,361 SF
      6 Berrymans Ln, Reisterstown, MD 21136-1926
      View Details
    • Value Estimation
      $760,000
      5,825 SF

      10 Franklin Blvd

      RETAIL STORES (PERSONAL SERVICES) • 5,825 SF
      10 Franklin Blvd, Reisterstown, MD 21136-3068
      View Details
    • Value Estimation by Request
      952 SF

      703 Main St

      RETAIL STORES (PERSONAL SERVICES) • 952 SF
      703 Main St, Reisterstown, MD 21136-2501
      View Details
    • Value Estimation by Request
      2,134 SF

      324 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,134 SF
      324 Main St, Reisterstown, MD 21136-1951
      View Details
    • Value Estimation by Request
      1,716 SF

      723 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,716 SF
      723 Main St, Reisterstown, MD 21136-2547
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      119,601 SF

      Reisterstown Retail Property for Sale

      Large retail property available in Reisterstown, Maryland.
      2 Chartley Dr, Reisterstown, MD 21136
      View Details
    • $16,500,000
      16,767 SF

      Iconic Sagamore Farm Estate

      Premier Thoroughbred operation or equestrian expansion on 440 acres.
      3366 Belmont Ave, Glyndon, MD 21136
      View Details
    • $950,000

      Subdividable Land in Wellington Valley

      6.6 acre lot with development potential in Reisterstown, MD.
      2201 Knox Ave, Reisterstown, MD 21136
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,276 SF

      Reisterstown Retail Space For Rent

      Proposed 1,276 SF retail building with excellent frontage and parking.
      11804-11814 Reisterstown Rd, Reisterstown, MD 21136
      View Details
    • Contact for pricing
      1,294 SF

      Retail Space Near Franklin High

      1,200 SF retail space fronting Franklin Boulevard.
      10 Franklin Blvd, Reisterstown, MD 21136
      View Details
    • Contact for pricing
      2,529 SF

      Reisterstown Retail Space Available

      Retail space for rent in a fast-growing area.
      11702 Reisterstown Rd, Reisterstown, MD 21136
      View Details
    • Contact for pricing
      6,271 SF

      Retail Space in Reisterstown

      Retail property in a fast-growing area with high traffic.
      11706 Reisterstown Rd, Reisterstown, MD 21136
      View Details
    • $2,000 /Mo

      Prime Storefront with High Exposure

      Storefront with large windows, ample parking, and high visibility.
      1 E Cherry Hill Rd E, Reisterstown, MD 21136
      View Details
    • Contact for pricing
      1,316 SF

      Retail Space in Reisterstown Crossing

      Retail space for lease in western Baltimore County.
      114 Westminster Pike, Reisterstown, MD 21136
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11975 Reisterstown Rd
    Reisterstown, MD 21136
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11975 Reisterstown Rd, Reisterstown, MD, 21136
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!