Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    109 Wabash Ave Reisterstown, MD 21136-1108

    • Distribution centers
    • 18,639 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    $7,825,000
    Last Sale
    Nov 28, 2023
    $7,300,000
    Location Intelligence
    Property ID
    US40-1680441
    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

    • Raloid Corporation / Machine Shop
    • Primus Aerospace / Machine Shop

    Property Details for 109 Wabash Ave

    Year built
    1979
    Construction
    BRICK
    Lot size
    0.40 lot acres
    Property size
    18,639 SF
    Zone code
    BLCCC
    Property type
    Distribution centers
    APN
    04-0402065726
    APU
    40402065726

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $7,835,000

    • CAP approach

      CAP return
      Estimation
      6%
      $7,445,000
      6.5%
      $7,140,000
      7%
      $6,785,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $8,190,000
      Geo Method
      $7,335,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $8,940,000
      Retail
      $7,120,000
      Mixed-Use
      $8,420,000
      Hospitality
      $7,595,000
      Educational
      $7,590,000
      Residential Income
      $7,100,000
      Energy
      $8,365,000
      Income-Based Land
      $7,165,000
      Food Service
      $8,115,000

    Location Insight

    • Map
    • Local Demand
    City
    Reisterstown
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.8172
    Latitude
    39.4727
    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
    $4,195
    $0.00
    $0.00
    $692,167
    -
    $81,000
    $678,300
    $759,300

    Comparable in this City

    • Value Estimation by Request
      27,000 SF

      Dolfield Rd

      DISTRIBUTION WAREHOUSE • 27,000 SF
      Dolfield Rd, Reisterstown, MD 21136
      View Details
    • Value Estimation
      $7,630,000
      12,427 SF

      109 Wabash Ave

      DISTRIBUTION WAREHOUSE • 12,427 SF
      109 Wabash Ave, Reisterstown, MD 21136-1108
      View Details
    • Value Estimation by Request
      8,884 SF

      4600 Prospect Ave

      DISTRIBUTION WAREHOUSE • 8,884 SF
      4600 Prospect Ave, Glyndon, MD 21136-3864
      View Details
    • Value Estimation by Request
      768 SF

      Dolfield Rd

      DISTRIBUTION WAREHOUSE • 768 SF
      Dolfield Rd, Reisterstown, MD 21136
      View Details
    • Value Estimation by Request
      5,000 SF

      1850 Old Hanover Rd

      DISTRIBUTION WAREHOUSE • 5,000 SF
      1850 Old Hanover Rd, Reisterstown, MD 21136
      View Details
    • Value Estimation by Request
      30,000 SF

      12200 Owings Mls Blvd

      DISTRIBUTION WAREHOUSE • 30,000 SF
      12200 Owings Mls Blvd, Reisterstown, MD 21136-1730
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      20,000 SF

      I-795 Medical Office Building

      Class A Medical Office Suites in Reisterstown
      113 Westminster Pike, Reisterstown, MD 21136
      View Details
    • $4,995,000
      9,017 SF

      Turnkey Equestrian Estate on 117 Acres

      Equestrian estate with barns, paddocks, pool, tennis court on 117 acres.
      13401 Longnecker Rd, Reisterstown, MD 21136
      View Details
    • $699,900

      Reisterstown Specialty Property For Sale

      Specialty property available for purchase in Reisterstown, Maryland.
      8 Beau Mondes Ct, Reisterstown, MD 21136
      View Details
    • $650,000

      Reisterstown Specialty Property For Sale

      Specialty property available for purchase in Reisterstown, Maryland.
      16 Raindrop Cir, Reisterstown, MD 21136
      View Details
    • $584,900

      Reisterstown Specialty Property For Sale

      Specialty property available for purchase in Reisterstown, Maryland.
      304 Church Rd, Reisterstown, MD 21136
      View Details
    • $575,000

      Specialty Property For Sale

      Specialty property available for sale.
      12 Greensborough Rd, Reisterstown, MD 21136
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,750 SF

      Reisterstown Warehouse/Flex Space Available

      6,750 SF warehouse/flex space for lease in Reisterstown, MD.
      12300 Owings Mills Blvd, Reisterstown, MD 21136
      View Details
    • Contact for pricing
      132,600 SF

      Reisterstown Business Center: Flex Space Available

      16-acre flex/R&D space in Baltimore County
      100-346 Business Center Dr, Reisterstown, MD 21136
      View Details
    • Contact for pricing
      3,000 SF

      Reisterstown Flex/R&D Space Available

      Flex/R&D space in Reisterstown Business Center for lease.
      200-282 Business Center Dr, Reisterstown, MD 21136
      View Details
    • Contact for pricing
      2,400 SF

      Flex Space in Reisterstown

      Flex/R&D space in northwest Baltimore County.
      100-166 Business Center Dr, Reisterstown, MD 21136
      View Details
    • $4,295 /Mo

      Climate-Controlled Warehouse with Office Space

      Move-in ready warehouse with climate control, offices, and loading dock.
      12440 Owings Mills Blvd, Reisterstown, MD 21136
      View Details
    • Contact for pricing
      17,400 SF

      Reisterstown Flex/R&D Space Available

      Flex/R&D space in historic Reisterstown, northwest Baltimore County.
      300-346 Business Center Dr, Reisterstown, MD 21136
      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.
    109 Wabash Ave
    Reisterstown, MD 21136-1108
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.