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5400 Reisterstown Rd Baltimore, MD 21215

Warehouses Google Maps
3,612 SF 0.1 ac lot Built 1981
Entity Owned Free & Clear
Estimated value (blended)
$305k
Range $275k – $336k (±10%)
Property ID US40-0132355

Property summary

AI-generated overview

Hilltop Shopping Center, located at 5400 Reisterstown Rd in Baltimore, Maryland, 21215, presents a compelling retail investment opportunity. This established shopping center offers a total of 56,245 square feet of retail space within two suites. Currently, 6,161 square feet is available for lease, with spaces ranging from a minimum of 2,561 square feet to a maximum contiguous space of 3,600 square feet. The center underwent renovations in 2011, ensuring modern amenities for tenants and customers. Ample parking is provided with 454 spaces, catering to the needs of both tenants and shoppers. The property's location in Baltimore City County offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. This multi-tenant shopping center provides a strong foundation for growth and success in a thriving Baltimore market. The property is classified as retail, specifically a shopping center, and is situated at 39.3460007 latitude and -76.6883471 longitude. This is a fantastic opportunity to secure a prominent retail presence in a well-established shopping center.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1981
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,612 SF
Lot 0.1 ac (4,300 SF)
Zoning code C-2
APN 28-01-4510 -020
UPID US40-0132355

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
  • Shopping Center & Mall
  • Garden Center
  • Hardware & Home Improvement General Contractor

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2026
7 recorded transactions
2026
$278,000
2012
$205,000
2010
$76,875
2009
$230,000
2007
$52,539
2006
$100,000
1969
Price N/A

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
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More about this property
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