10117 Reisterstown Rd, Owings Mills, MD 21117
For Sale
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This exceptional 4,000 square foot retail property, located at 10113-10117 Reisterstown Road in Owings Mills, Maryland, presents a unique investment opportunity. Situated on a 2.9-acre lot, this single-tenant building boasts 75 parking spaces, ensuring ample convenience for patrons. Built in 1970, the property has a rich history, having served as a successful crab restaurant for four decades. Its prime location directly across from Foundry Row offers exceptional visibility and accessibility, benefiting from high foot traffic and strong community presence. The property is zoned BL-AS, providing flexibility for a variety of restaurant or retail uses. The spacious interior offers significant potential for customization and modernization to suit a new tenant's specific needs. This is an ideal opportunity for an established business seeking a high-visibility location or an investor looking for a strong return in a thriving Maryland market. The ample parking and convenient location make this property a highly desirable asset. The property's history as a long-standing restaurant speaks to its proven viability and potential for continued success. This is a rare opportunity to acquire a well-positioned retail space in a sought-after area. The 2.9 acres of land offer potential for future expansion or development. The property's zoning allows for a variety of uses, making it a versatile investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BL · Owings Mills, MDOwings Mills. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.