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Property profile & analytics
FOR LEASE
Office buildings

1954 Greenspring Dr Timonium, MD 21093

177,928 SF 7.01 ac lot Built 2000
Entity Owned 25-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US40-0998295
Property summary
AI-generated overview

This exceptional Class A office building, Timonium Two (TD4), located at 1954 Greenspring Drive in Timonium, Maryland, offers a prime opportunity for businesses seeking executive office space in the Route 83 Corridor South submarket. The seven-story building boasts a total of 200,000 square feet, with 52,650 square feet currently available for lease. Suites range from a minimum of 1,224 square feet to a maximum contiguous space of 13,862 square feet, providing flexibility for various business needs. The building features impressive 9-foot ceilings throughout, creating a spacious and modern work environment. Ample parking is available with a total of 1008 spaces, including 400 convenient deck parking spots. The property is situated in Baltimore County, Maryland, zip code 21093, offering easy access to major transportation routes and amenities. This multi-tenant building provides a professional setting ideal for executive offices and other professional services. The available space presents a unique chance to establish a presence in a highly desirable location within a well-maintained, modern structure. Contact us today to learn more about leasing options and explore the possibilities of making this prestigious address your new business home.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2000
Construction BRICK
Total area 177,928 SF
Lot 7.01 ac (305,356 SF)
Zoning code ML-IM
APN 08-2100000339
UPID US40-0998295
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
  • Lawyers Trust Title Company Title Company
  • Timonium Cafe & Deli Restaurant
  • Timonium Surgery Center LLC Medical Clinic Hospital
  • Mia Trionfo, Financial Professional - New York Life Insurance Agency
  • Gilman & Bedigian, LLC. Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$28.31M
Blend (final) Blend
$22.50M
Owner & transaction history
Merritt Of Bavar-td1 LLC
Merritt Of Bavar-td1 LLC
1 recorded transaction
1969
Price N/A
Zoning & alternative use
ML-IM · Lutherville Timonium, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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