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    Property profile & analytics
    OFF-MARKET
    Commercial land

    8890 Mcdonogh Rd, Owings Mills, MD 21117-5397

    0.15 ac lot
    Entity Owned Free & Clear
    Property ID
    US40-1853976
    Property summary
    AI-generated overview

    This exceptional 1,096-square-foot medical office condominium is ideally situated in Owings Mills, Maryland, at 8890 McDonogh Road, Unit 203. Located in a Class B building constructed in 2010 and extensively renovated in 2022, this owner-user opportunity presents a compelling investment. The asking price is $219,200, translating to a competitive price per square foot of $200. The unit is situated on the second floor of a two-story building and benefits from ample parking, with 350 spaces serving the entire property (a ratio of 350 spaces per 1,000 square feet). The sale includes a $50 per square foot construction credit, allowing the buyer to customize the space to their exact specifications. The property boasts a convenient location at the intersection of McDonogh and Painters Mill Roads. Multi-stall common area restrooms are conveniently located on each floor. Expansion opportunities exist through the potential combination with adjacent units. The 7.5-acre lot provides ample space and a desirable setting for this medical office condominium. This is a rare opportunity to acquire a well-maintained, updated medical office space in a prime Owings Mills location.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.15 ac (6,403 SF)
    Zoning code OT
    APN 02-2500007391
    UPID US40-1853976
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Wisepoint Holdings LLC
    Wisepoint Holdings LLC
    since 2026
    Last sale
    $245,418
    7 recorded transactions
    2026
    $1.5M
    2025
    $490,680
    2025
    $191,625
    2025
    $219,600
    2025
    2025
    $708,800
    2025
    $197,280
    Zoning & alternative use
    OT · Owings Mills, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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