Property profile

10544 Reisterstown Rd Owings Mills, MD 21117

OFF-MARKET
Commercial land
Property ID
US40-1799478
1.6 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional, newly constructed self-storage facility presents a compelling investment opportunity in the thriving Owings Mills, Maryland market. Located at 10544 & 10550 Reisterstown Rd, 21117, this Class C property boasts a substantial 109,680 square feet of rentable space, spread across four stories, each approximately 27,420 square feet. The building sits on a 1.6-acre lot and includes 26 parking spaces for customer convenience. Construction is a ground-up development, completed in November 2024. The facility is fully climate-controlled, ensuring optimal storage conditions for tenants. Security is a top priority, with state-of-the-art video monitoring implemented throughout the property. Tenant convenience is further enhanced by contactless rental options. This property benefits from third-party management by Snapbox, providing professional oversight and streamlined operations. The Net Rentable Square Footage (NRSF) is approximately 82,154 square feet. This turnkey operation offers immediate income generation and significant long-term growth potential in a desirable location within Baltimore County. The property's modern design and amenities are poised to attract a strong tenant base and generate substantial returns. This is a rare opportunity to acquire a high-quality, newly built self-storage facility in a prime location.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.6 ac (69,565 SF)
Zoning code BL
APN 04-1600000866
UPID US40-1799478

Cap rate & NOI

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

Location

10544 Reisterstown Rd Owings Mills, MD 21117-3517
Owings Mills metro Census 404102 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2023
4 recorded transactions
2023
Price N/A
2022
$2.2M
2018
Price N/A
2014
$4.8M

Zoning & alternative use

BL · Owings Mills, MD

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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