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Property profile & analytics
OFF-MARKET
Investment properties

11021 Reisterstown Rd Owings Mills, MD 21117-2432

1,056 SF 1 ac lot
Individually Owned 2-yr Hold Free & Clear
Property ID
US40-1358703
Property summary
AI-generated overview

This exceptional investment opportunity presents a package of four adjacent properties totaling 3.29 acres on Reisterstown Road in Owings Mills, Maryland. The properties, located at 11015, 11017, 11019, and 11021 Reisterstown Road, are being sold as a package for $1,699,960. The OR2 zoning allows for versatile development options, including professional offices, restaurants, banks, and residential units. The high-traffic location offers excellent visibility and accessibility. Two of the houses are currently rented on month-to-month leases with no outstanding rent. One house has recently undergone renovations, including a new HVAC system with a three-year warranty, security cameras, and two electric meters. Another house is ready for renovation with a stable foundation. The property's proximity to Foundry Row shopping center, Wegmans, Target, Costco, Mill Station Shopping Center, Marriott Owings Mills Metro Centre, and Stevenson University adds significant value. The existing rental income provides a potential return on investment while offering significant long-term growth potential. Buyer to verify all specifics. This is a rare opportunity for developers or long-term investors seeking a substantial land holding in a prime location. Special exception uses permitted include hotels, health clubs, and parking structures.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Construction FRAME
Total area 1,056 SF
Lot 1 ac (43,560 SF)
Zoning code RO
APN 04-0404035225
UPID US40-1358703
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Andre Abramov · 2 yrs held
Andre Abramov
since 2024
Last sale
$360,000
3 recorded transactions
2024
Price N/A
2018
Price N/A
2015
$360,000
Zoning & alternative use
RO · Owings Mills, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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