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Property profile & analytics
OFF-MARKET
Retail space

10113 Reisterstown Rd Owings Mills, MD 21117-3814

1,893 SF 0.31 ac lot Built 1970
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US40-0721372
Property summary
AI-generated overview

This exceptional restaurant property, located at 10113-10117 Reisterstown Road in Owings Mills, Maryland, 21117, presents a unique investment opportunity. Priced at $3,500,000, this retail space boasts a highly desirable location directly across from a 400,000 square foot Wegmans. Its proximity to the 1.2 million square foot Metro Centre at Owings Mills, less than a mile away, ensures high visibility and foot traffic. The property benefits from direct access and frontage on Reisterstown Road (Route 140), providing excellent street exposure. The building includes additional spaces suitable for a second-generation restaurant and a dry cleaner, offering expansion potential or additional income streams. This property is anchored within the Foundry Row development and enjoys convenient access to I-795 via Owings Mills Boulevard and I-695, enhancing its accessibility for both customers and employees. The property is zoned BL. This prime location and versatile space make it an ideal investment for discerning restaurant owners or developers seeking a thriving commercial venture in a bustling Baltimore County community.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1970
Construction BRICK
Total area 1,893 SF
Lot 0.31 ac (13,466 SF)
Zoning code BL
APN 04-1600000535
UPID US40-0721372
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
1920 Clarendon LLC · 7 yrs held
1920 Clarendon LLC
since 2019
1 recorded transaction
2019
$2.1M
Zoning & alternative use
BL · Owings Mills, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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