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Property profile & analytics
OFF-MARKET Estimated value $770,000
Office buildings

1629 York Rd Lutherville Timonium, MD 21093-5633

2,690 SF 0.28 ac lot Built 1962
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US40-1117785
Property summary
AI-generated overview

This attractive, two-story stone office building at 1629 York Road in Timonium, Maryland, offers a unique investment opportunity. The 4,496 square foot building sits on a 0.283-acre lot and features 16 parking spaces. Currently, the building is multi-tenant, with three suites totaling 4,496 square feet. One suite, measuring 840 square feet, is currently vacant and immediately available. The building is zoned B.L. Baltimore County, allowing for office or retail use. Its prime location on York Road provides excellent visibility and accessibility, just minutes from major attractions including Yorkridge Shopping Center, Timonium Square, Goucher College, and Towson University. Existing tenants include the Maryland ENT Center and Audiology Associates, demonstrating the building's suitability for medical and professional office uses. The building's flexible layout accommodates various office subtypes, including medical, creative, traditional, executive, and coworking spaces. The minimum divisible space is 840 square feet, making it ideal for a variety of businesses. The property's location in Baltimore County, Maryland, zip code 21093, offers easy access to major transportation routes. This is a rare opportunity to acquire a well-located, established office building with immediate income potential and significant upside. The property's strong tenant base and convenient location make it an attractive investment for both seasoned and new investors. Contact us today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1962
Construction BRICK
Total area 2,690 SF
Lot 0.28 ac (12,350 SF)
Zoning code BL
APN 08-0802004080
UPID US40-1117785
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
Current use
Occupant on record · Public records
  • Shikani Alan H MD Physician
  • Audiology Associates, Inc. Medical Clinic
  • Airway Co Freight Service Logistics Company
  • TheAirwayCompany Production Facility Factory
  • Mohammad Abraham Kazemizadeh Gol Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$948k
Blend (final) Blend
$770k
Owner & transaction history
East York Road LLC · 14 yrs held
East York Road LLC
since 2011
4 recorded transactions
2011
Price N/A
2011
Price N/A
2011
Price N/A
1969
Price N/A
Zoning & alternative use
BL · Lutherville Timonium, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.2M +89.8%
Commercial (general) $895,000 +40.1%
Warehouse, storage $695,000 +9.0%
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