Property profile

5900 Reisterstown Rd Baltimore, MD 21215

FOR LEASE
Strip malls
Property ID
US40-0011096
24,729 SF 1.44 ac lot Built 1942
Entity Owned 23-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 5900 Reisterstown Rd in Baltimore, Maryland, zip code 21215. The property, known as Menlo Plaza, offers a total of 1,024 square feet of space, currently entirely vacant and available for lease. The space is ideally suited for a salon or similar retail business. The property is categorized as a multi-tenant retail building situated in Baltimore County. The address is easily accessible and benefits from high visibility along Reisterstown Road. This presents a unique chance for a business to establish a strong presence in a well-populated area of Baltimore. The entire 1,024 square feet is available, providing ample space for a variety of retail configurations. Interested parties are encouraged to inquire about lease terms and conditions. The property's location in Baltimore, MD offers excellent access to major transportation routes and a diverse customer base. This is a prime opportunity for a business seeking a well-located, spacious retail space in a thriving Baltimore community. The property is ready for immediate occupancy. Contact us to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1942
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 24,729 SF
Lot 1.44 ac (62,726 SF)
Zoning code C-4
APN 28-01-4416 -039
UPID US40-0011096

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
  • Barber Shop
  • Discount Store
  • Bank Credit Union
  • Hair Salon
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store

Location

5900 Reisterstown Rd Baltimore, MD 21215
Baltimore metro Census 280101 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
$2.34M
Blend (final) Blend
$695k

Owner & transaction history

since 2002
1 recorded transaction
2002
$220,000

Zoning & alternative use

C-4 · Baltimore, MD
Zoning description

d and Conditional Uses Table 9-401 Rowhouse and Multi-Family Residential Districts - Bulk and Yard Regulations Table 10-301 Commercial Districts - Permitted and Conditional Uses Table 10-401 Commercial Districts (C-1 to…

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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