Property profile

5310 Old Court Rd Randallstown, MD 21133

FOR LEASE
Office buildings
Property ID
US40-0978619
25,920 SF 1.01 ac lot Built 1973
Entity Owned 11-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional office building, located at 5310 Old Court Road in Randallstown, Maryland, presents a unique investment opportunity. The property, totaling 21,769 square feet, is classified as Class C and boasts a prime location in Baltimore County, just 0.3 miles from Northwest Hospital and conveniently situated near the intersection of Liberty Road and Old Court Road. Built in 1973 and extensively renovated in 2022, the building offers multiple tenancy options with a minimum divisible space of 806 square feet and a maximum contiguous space of 1,800 square feet. Currently, 3,434 square feet of space is available. The property sits on a 1.01-acre lot and provides ample parking with a ratio of 4 spaces per 1,000 square feet. The building is zoned BR-CSA, County, and is ideally suited for a variety of office uses, including traditional office, executive office, and medical office spaces. The existing build-out makes it particularly attractive for medical or general office tenants seeking move-in ready suites. This is a rare opportunity to acquire a well-maintained, renovated office building in a highly desirable location with excellent access to major roadways and essential amenities. The property's versatile space and convenient location make it an ideal choice for businesses seeking a functional and accessible workspace in the thriving Randallstown community. The zip code is 21133.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1973
Construction BRICK
Total area 25,920 SF
Lot 1.01 ac (43,908 SF)
Zoning code BRCSA
APN 02-0219001698
UPID US40-0978619

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
  • Physician
  • Dental Office
  • Dental Office
  • Church

Location

5310 Old Court Rd Randallstown, MD 21133
Randallstown metro Census 402503 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.02M
Blend (final) Blend
$1.78M

Owner & transaction history

since 2015
4 recorded transactions
2015
$1.8M
2004
Price N/A
2003
$1.4M
1969
Price N/A

Zoning & alternative use

BRCSA · Randallstown, MD

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
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