Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1829 Reisterstown Rd Baltimore, MD 21208-6320
    Back to Search
    Property profile & analytics

    1829 Reisterstown Rd Baltimore, MD 21208-6320

    View on Map
    • Commercial real estate
    • 4.08 lot acres
    Off-Market
    Property ID
    US40-1285978
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Cerise Computers / Computer Hardware Manufacturer
    • Perfect Combination / Department Store
    • Enigma Business Solutions LLC / Business Management Consultant
    • Law Offices of Marlow A. Henderson III / Law Firm
    • Brian M. Cathell, Esq. / Law Firm

    Property Details for 1829 Reisterstown Rd

    Lot size
    4.08 lot acres
    Zone code
    2
    Property type
    Commercial real estate
    APN
    03-2100001176
    APU
    32100001176

    Description

    This Class A office building, located at 1829 Reisterstown Road, Suite 350, Pikesville, MD 21208, offers 14,094 square feet of flexible workspace. The property, renovated in 2019, features 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are vacant. The building boasts contemporary spaces with floor-to-ceiling windows, providing abundant natural light. Amenities include elevators and convenient access to Woodholme Golf Course and Woodholme Shopping Center, offering various dining options. Its prime location provides excellent transportation links, including proximity to an airport (20 minutes away), facilitating easy access for local and international clients. Office space options range from fully furnished, private offices for individuals or large companies to customized spaces, disaster recovery solutions, and day offices, catering to diverse business needs. A benefits program offering exclusive discounts and procurement support is also available. The building is situated in Baltimore County and offers a productive work environment in a well-connected location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.738
    Latitude
    39.3893
    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
    $181,547
    $0.00
    $0.00
    $13,722,600
    -
    $1,836,000
    $12,247,900
    $14,083,900

    Comparable in this City

    • Value Estimation by Request
      0.92 Acres

      600 Reisterstown Rd

      COMMERCIAL (GENERAL) • 0.92 Acres
      600 Reisterstown Rd, Baltimore, MD 21208-5104
      View Details
    • Value Estimation by Request
      1,139 SF

      1 Irving Pl

      COMMERCIAL (GENERAL) • 1,139 SF
      1 Irving Pl, Baltimore, MD 21208-5103
      View Details
    • Value Estimation
      $34,080,000
      6.14 Acres

      1838 Greene Tree Rd

      COMMERCIAL (GENERAL) • 6.14 Acres
      1838 Greene Tree Rd, Baltimore, MD 21208-6391
      View Details
    • Value Estimation by Request
      728 SF

      1509 Reisterstown Rd

      COMMERCIAL (GENERAL) • 728 SF
      1509 Reisterstown Rd, Baltimore, MD 21208-4333
      View Details
    • Value Estimation
      $2,210,000
      10,731 SF

      400 Clifton Ct

      COMMERCIAL (GENERAL) • 10,731 SF
      400 Clifton Ct, Baltimore, MD 21208
      View Details
    • Value Estimation by Request
      1,218 SF

      8824 Division Ln

      COMMERCIAL (GENERAL) • 1,218 SF
      8824 Division Ln, Baltimore, MD 21208-1134
      View Details

    Similar Nearby for Sale

    • $550,000
      5,600 SF

      Historic Church - Pikesville, MD

      Versatile 5,600 sq ft Church on 2 Acres
      18 Stone Chapel Ln, Pikesville, MD 21208
      View Details
    • $399,000
      5.23 Acres

      Pikesville Land Opportunity

      5.23 acres of land in Pikesville, Maryland.
      Mcdonogh Rd, Pikesville, MD 21208
      View Details
    • $275,000
      2.95 Acres

      Residential Land in Baltimore, MD

      Two lots available to build your dream home.
      1 Vaucluse Ln, Baltimore, MD 21208
      View Details
    • $250,000
      3.05 Acres

      Pikesville Land Opportunity

      Over 3 acres of wooded land in Pikesville, Maryland.
      925 Milford Mill Rd, Pikesville, MD 21208
      View Details
    • New
      $265,000
      1.51 Acres

      Baltimore Land Parcel For Sale

      Land parcel with subdivision potential, public utilities, DR5.5 zoning.
      3925 Rolling Rd, Baltimore, MD 21208
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail/Office Space For Rent

      Retail and office spaces available for lease.
      631 Reisterstown Rd, Pikesville, MD 21208
      View Details
    • Contact for pricing
      2,471 SF

      Pikesville Office Space Available

      Office space available for rent in Pikesville, Maryland.
      1829 Reisterstown Rd, Pikesville, MD 21208
      View Details
    • Contact for pricing

      Pikesville Commercial Land Opportunity

      Undeveloped land available for ground lease or build-to-suit.
      135 Slade Ave, Pikesville, MD 21208
      View Details
    • Contact for pricing

      Pikesville Office Space For Rent

      Second floor office space available now in Pikesville, Maryland.
      1700 Reisterstown Rd, Pikesville, MD 21208
      View Details
    • Contact for pricing

      Pikesville Office Space for Rent

      Office space in a multi-building complex, convenient Pikesville location.
      3635 Old Court Rd, Pikesville, MD 21208
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail spaces available, ranging from 1,203 to 1,600 square feet.
      1809 Reisterstown Rd, Baltimore, MD 21208
      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.
    1829 Reisterstown Rd
    Baltimore, MD 21208-6320
    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

    Thank You for Inquiry
    1829 Reisterstown Rd, Baltimore, MD, 21208
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!