Property profile

8635 Liberty Rd Randallstown, MD 21133

FOR LEASE
Automotive properties
Property ID
US40-0956396
13,216 SF 1.44 ac lot Built 1973
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 13,141 square foot retail property, located at 8635 Liberty Road in Randallstown, Maryland, presents a unique investment opportunity. The single-story building, constructed in 1973, sits on a sizable lot in Baltimore County (zip code 21133). Currently, a portion of the building is occupied by a Pep Boys tire and auto repair operation, which will remain in place. However, a significant portion of the space, totaling 5,949 square feet, is currently vacant and available for lease. This vacant space offers considerable flexibility for a variety of uses. The former parts sales area, ranging from approximately 3,200 to 11,500 square feet, is ideal for businesses such as medical facilities (dialysis or plasma centers), daycare centers (for children or pets), discount retailers, mattress/furniture stores, tool and hardware stores, or automotive-related businesses that do not directly compete with the existing tire and repair services (e.g., collision centers, auto glass repair, or non-competing auto parts stores). The landlord is open to negotiating cash allowances, contingent upon the rent reflecting a reasonable return on investment. The existing tenant, Pep Boys, offers the potential for a long-term lease arrangement. This property offers a compelling blend of existing income and significant expansion potential in a thriving Baltimore County location. The property's size and location make it an attractive option for a variety of businesses seeking a strong foothold in the Randallstown market.

Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1973
Construction BRICK
Total area 13,216 SF
Lot 1.44 ac (62,791 SF)
Zoning code BRCSA
APN 02-1600007864
UPID US40-0956396

Cap rate & NOI

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

Location

8635 Liberty Rd Randallstown, MD 21133
Randallstown metro Census 402503 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
by Request
Comparable Approach Comparable
$908k
Blend (final) Blend
$430k

Owner & transaction history

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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More about this property
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