201 Milford Ml Rd, Baltimore, MD 21208-5903
This exceptional two-story office building, located at 201 Milford Mill Road in Pikesville, Maryland, boasts 55,321 square feet of leasable space and is currently 100% occupied by stable, long-term tenants under double net leases, ensuring consistent income and reduced landlord expenses. The property benefits from a prime location near major banking institutions (Capital One and Wells Fargo), offering convenient access to financial services. Its strategic proximity to shipping centers optimizes logistics, while nearby amenities such as The Silk Road Bistro, First Watch, Applebee's, Seven Mile Market, Target, and Giant Food cater to tenant and visitor needs. Excellent public transportation is readily available via nearby Old Court, Milford Mill, and Rogers Ave Metro stations, as well as bus stops. The building features a functional elevator and ample parking. This property presents an owner-user opportunity, allowing a business to occupy its own space, and offers the potential to subdivide larger units into smaller, below-market-value spaces, maximizing rental income and attracting a diverse tenant base. Situated in the thriving commercial hub of Pikesville, Baltimore County, this asset is poised for strong, long-term returns, capitalizing on the area's robust demographic growth and modern infrastructure. The asking price is $2,950,000, but offers will be considered.
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PEI Staffing Employment Agency
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Rollins & Associates Real Estate Real Estate Agency
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Beach Feet Podiatry Physician
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Barry S Gold Pa Physician
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Arnoff R Employment Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RO · Baltimore, MDBaltimore. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.