Property profile

5216 Reisterstown Rd Baltimore, MD 21215

OFF-MARKET
Other investment properties
Property ID
US40-2385729
1,659 SF 0.08 ac lot Built 1970
Entity Owned 20-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Mixed-use property located on Reisterstown Rd in Baltimore, Maryland. The main level is configured as versatile commercial space suitable for a range of uses such as food service (e.g., bar or restaurant), retail and personal services (e.g., salon, boutique, convenience store), and professional or service office uses (e.g., medical or mental health office, wellness studio, tax or legal office). The upper level contains a residential unit with space suitable for owner occupancy or rental use. The site includes a private, fenced parking area. The property is positioned for access to the Pimlico Race Track and Entertainment Development, with convenient routes to Baltimore’s central business district and the Baltimore Beltway.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1970
Construction WOOD
Total area 1,659 SF
Lot 0.08 ac (3,566 SF)
Zoning code C-2
APN 28-01-4539 -007
UPID US40-2385729

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub

Location

5216 Reisterstown Rd Baltimore, MD 21215-5019
Baltimore metro Census 280101 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2005
1 recorded transaction
2005
$60,375

Zoning & alternative use

C-2 · Baltimore, MD
Zoning description

01 Commercial Districts (C-1 to C-4) - Bulk and Yard Regulations Baltimore City Code Table 10-401 Commercial Districts (C-1 to C-4) - Bulk and Yard Regulations Categories Specifications (Per District) C-1 C-1-VC 1 C-1-E…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5216 Reisterstown Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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