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11123 Reisterstown Rd

2,716 SF Vacant Office Building Owings Mills, MD 21117 $449,900 ($166/SF)

Investment Highlights

  • Latitude of uses under SE Zoning
  • Canvas for Owner to build out to suit their needs

Executive Summary

This property was recently re-zoned to SE which allows for a myriad of Business opportunities. Allowable uses range from Professional & Medical Offices, Business and Trade schools, Distribution and Manufacturing centers, Child-care Centers, and so much more. Sitting on 1 acre, this 3-story structure includes 6 rooms, plumbing on each floor for bathrooms or kitchens, and an open main level perfect for a lobby, or to create additional rooms. Plenty of parking available in the rear, including a detached 3 stall garage, which could be converted into useable space if needed. Full basement to provide extra storage or could be finished for additional rooms. This structure is in need of a FULL REHAB, but provides a perfect opportunity for a Buyer to build out the space the fits their Commercial needs. Perfectly located within 1 mile of Owings Mills Blvd, and I-795.

Property Facts

Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Office
Property Subtype
Medical
Building Size
2,716 SF
Building Class
C
Year Built
1913
Price
$449,900
Price Per SF
$166
Percent Leased
Vacant
Building Height
3 Stories
Typical Floor Size
910 SF
Slab To Slab
10’
Building FAR
0.06
Land Acres
1.00 AC
Opportunity Zone
Yes
Zoning
COM - Commercial
Parking
8 Spaces (2.95 Spaces per 1,000 SF Leased)

Amenities

  • Monument Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-0423000225
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$456,033
  • Listing ID: 33138351

  • Date on Market: 9/11/2024

  • Last Updated:

  • Address: 11123 Reisterstown Rd, Owings Mills, MD 21117

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