5900 Reisterstown RdBaltimore, MD 21215

Property Details for 5900 Reisterstown Rd

Year built

1942

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.44 AC

Property size (Sq ft)

24,729 SF

Zone code

C-4

Property type

Strip malls

Property subtype

Neighborhood centers

APN

28-01-4416 -039

APU

28014416039

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $5,522,802

  6.5%

  $5,097,972

  7%

  $4,733,830

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,920,368

  Geo Method

  $3,920,368

• Alternative Use

  Use

  Valuation

  Residential

  $4,300,330

  Hospitality

  $3,939,079

  Educational

  $3,277,268

  Medical

  $3,389,978

  Retail

  $5,097,972

Location Insight

City

Baltimore

County

Baltimore City

State

Maryland

Latitude

39.3512

Longitude

-76.6962

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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