Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10825 Reisterstown Rd Owings Mills, MD 21117-2703

    • Office buildings
    • 19,391 SF
    • 4.14 lot acres
    OFF-MARKET
    Value Estimations
    $2,975,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-1802194
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 10825 Reisterstown Rd

    Year built
    1990
    Construction
    BRICK
    Lot size
    4.14 lot acres
    Property size
    19,391 SF
    Zone code
    1
    Property type
    Office buildings
    APN
    04-2200003668
    APU
    42200003668

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,839,000
      Market price range: $3.00M - $6.83M
      AI Estimate
      $2,107,000
      Market price range: $684k - $4.82M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $4,600,000
      Current use
      MEDICAL BUILDING
      $4,410,000
      Change: -4% Conversion: Easy
      RETAIL STORES
      $4,135,000
      Change: -10% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Owings Mills
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.789
    Latitude
    39.4278
    CBSA code
    12580
    CBSA name
    BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,249
    $0.00
    $0.00
    $2,262,733
    -
    $754,400
    $1,511,800
    $2,266,200

    Comparable in this City

    • Value Estimation by Request
      1.78 Acres

      300 Redland Ct

      OFFICE BUILDING • 1.78 Acres
      300 Redland Ct, Owings Mills, MD 21117-3271
      View Details
    • Value Estimation
      $4,650,000
      15,462 SF

      7 Park Ctr Ct

      OFFICE BUILDING • 15,462 SF
      7 Park Ctr Ct, Owings Mills, MD 21117-4200
      View Details
    • Value Estimation
      $23,180,000
      190,501 SF

      5 Grand Central Ave

      OFFICE BUILDING • 190,501 SF
      5 Grand Central Ave, Owings Mills, MD 21117
      View Details
    • Value Estimation
      $1,200,000
      4,000 SF

      10806 Reisterstown Rd

      OFFICE BUILDING • 4,000 SF
      10806 Reisterstown Rd, Owings Mills, MD 21117-2700
      View Details
    • Value Estimation by Request
      1,313 SF

      10912 Reisterstown Rd

      OFFICE BUILDING • 1,313 SF
      10912 Reisterstown Rd, Owings Mills, MD 21117-2501
      View Details
    • Value Estimation
      $505,000
      1,672 SF

      11421 Reisterstown Rd

      OFFICE BUILDING • 1,672 SF
      11421 Reisterstown Rd, Owings Mills, MD 21117-1834
      View Details

    Similar Nearby for Sale

    • $239,900
      1,200 SF

      Owings Mills Professional Office Condo

      Turnkey medical/professional condo with flexible layout and convenient access.
      20 Crossroads Dr, Owings Mills, MD 21117
      View Details
    • $292,000
      1,825 SF

      Owings Mills Office Space Available

      Office space for sale in Owings Mills, Maryland.
      8890 Mcdonogh Rd, Owings Mills, MD 21117
      View Details
    • $240,000

      First Floor Condo with Privacy

      Open floor plan, 2 bedrooms, 2 baths, new floors.
      3006 Hunting Ridge Dr, Owings Mills, MD 21117
      View Details
    • $1,425,000

      Specialty Property in Owings Mills

      Specialty property available for sale in Owings Mills, Maryland.
      4 Chittenden Ln, Owings Mills, MD 21117
      View Details
    • $735,000

      Specialty Property in Owings Mills

      Specialty property available for sale in Owings Mills, Maryland.
      3649 Epping Forest Way, Owings Mills, MD 21117
      View Details
    • $329,900

      Owings Mills Specialty Property

      Specialty property available for sale in Owings Mills, Maryland.
      49 Merino Ct, Owings Mills, MD 21117
      View Details

    Similar Nearby for Lease

    • $4,200 /Mo
      34,412 SF

      Renovated Historic Office Building Lease

      Renovated historic office building with private parking in Owings Mills.
      9416 - A - James Macgowan Ln, Owings Mills, MD 21117
      View Details
    • Contact for pricing
      31,753 SF

      Owings Mills Office Space Available

      Office space for rent in a well-located business park.
      10800 Red Run Blvd, Owings Mills, MD 21117
      View Details
    • $23 SF/Yr
      178,000 SF

      Class A Office Building

      Class A office space with amenities and highway access.
      10461 Mill Run Cir, Owings Mills, MD 21117
      View Details
    • Contact for pricing
      1,924 SF

      Mixed-Use Building with Metro Access

      Class A mixed-use building with office and retail space.
      10301 Grand Central Ave, Owings Mills, MD 21117
      View Details
    • Contact for pricing
      1,089 SF

      Two-Story Office Building For Rent

      Two-story office building in a 14-acre Class A office complex.
      10055 Red Run Blvd, Owings Mills, MD 21117
      View Details
    • $3,000 /Mo

      Renovated Office Building For Rent

      Renovated office building in Owings Mills, close to Metro.
      10910 Reisterstown Rd, Owings Mills, MD 21117
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10825 Reisterstown Rd
    Owings Mills, MD 21117-2703
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.