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    OFF-MARKET
    Commercial land

    10544 Reisterstown Rd, Owings Mills, MD 21117-3517

    1.6 ac lot
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US40-1799478
    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
    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
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    Blend (final) Blend
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    Owner & transaction history
    10548 Reisterstown Road LLC · 3 yrs held
    10548 Reisterstown Road LLC
    since 2023
    4 recorded transactions
    2023
    2022
    $2.2M
    2018
    2014
    $4.8M
    Zoning & alternative use
    BL · Owings Mills, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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