5 Greenwood PlPikesville, MD 21208

Property Details for 5 Greenwood Pl

Year built

1974

Construction

BRICK

Lot size

0.75 AC

Property size (Sq ft)

1,404 SF

Zone code

ML

Property type

Office properties

Property subtype

Office buildings

APN

03-0319087810

APU

30319087810

Description

This exceptional 6,000 square foot outdoor storage yard, located in the Pikesville submarket of Baltimore County, presents a fantastic opportunity for businesses seeking secure and convenient storage solutions. The property is designated as Industrial land, zoned ML, and offers a single available space. The site is entirely fenced and cleared, providing a safe and easily accessible area for various storage needs. With a total land area of 0.14 acres (6,000 square feet), this lot is perfectly suited for contractors, businesses requiring outdoor equipment storage, or similar operations. The property's location in Pikesville offers convenient access to major transportation routes, enhancing logistical efficiency. This is a rare opportunity to secure a well-maintained and strategically located outdoor storage space in a highly desirable area. The property's secure fencing ensures the safety and protection of stored materials. The "ML" zoning designation should be verified with Baltimore County to ensure compliance with intended use. Interested parties are encouraged to act quickly, as this exceptional opportunity is unlikely to remain available for long. The property is offered as a multiple tenancy space, with one space currently available.

• CAP approach

  CAP return

  Valuation

  6%

  $213,306

  6.5%

  $196,898

  7%

  $182,834

• Comparable approach

  Method

  Valuation

  Relative Method

  $88,326

  Geo Method

  $88,326

• Alternative Use

  Use

  Valuation

  Residential

  $244,153

  Hospitality

  $223,643

  Educational

  $186,068

  Medical

  $192,467

  Retail

  $289,440

Location Insight

City

Baltimore

County

Baltimore

State

Maryland

Latitude

39.3747

Longitude

-76.7404

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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