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Property profile & analytics
OFF-MARKET Estimated value $17,805,000
Office buildings

1966 Greenspring Dr Lutherville, MD 21093-4117

145,599 SF 6.52 ac lot Built 1986
Entity Owned Absentee Owner Free & Clear
Property ID
US40-0693605
Property summary
AI-generated overview

This exceptional Class A property, located at 1966 LL11 Greenspring Drive in Timonium, Maryland, 21093, offers a unique blend of executive office and warehouse space. Situated in the Route 83 Corridor South submarket of Baltimore County, this two-story building boasts a total of 162,173 square feet. Currently, there is 55,484 square feet of vacant space available, divisible into units as small as 1,102 square feet and offering contiguous spaces up to 27,351 square feet. The building features a 9-foot ceiling height, providing ample space for various business needs. With multiple tenancy options available, this property is ideal for a range of businesses seeking flexible and adaptable workspace. The property also includes 532 parking spaces, ensuring convenient parking for employees and clients. This prime location in the thriving Route 83 Corridor South offers excellent accessibility and visibility, making it an attractive option for businesses seeking a strategic location in the Baltimore area. The property is classified as both Office and Industrial, catering to diverse business requirements. Inquire today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1986
Construction BRICK
Total area 145,599 SF
Lot 6.52 ac (284,011 SF)
Zoning code ML-IM
APN 08-1900002186
UPID US40-0693605
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
$22.56M
Blend (final) Blend
$17.81M
Owner & transaction history
MERRITT/BAVARTD LLC
MERRITT/BAVARTD LLC
Zoning & alternative use
ML-IM · Lutherville, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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