2219 York RdTimonium, MD 21093

Property Details for 2219 York Rd

Year built

1986

Construction

BRICK

Lot size

3.44 AC

Property size (Sq ft)

50,266 SF

Zone code

BM

Property type

Office buildings

APN

08-0810046422

APU

80810046422

Description

This Class A, four-story office building at 2219 York Road in Lutherville Timonium, Baltimore County, offers 50,266 square feet of versatile space, ideal for medical or traditional office uses. Built in 1985 and extensively renovated in 2022, the property features upgraded modern finishes and boasts abundant natural light throughout. Multiple suites are available, ranging from 671 to 8,010 contiguous square feet, with a total of 16,922 square feet currently vacant. The building offers 264 parking spaces and elevators, ensuring convenient access for tenants and visitors. Its prime location directly across from the Timonium Fairgrounds provides exceptional visibility to over 34,000 daily drivers and three million annual fairgoers. Enjoy unparalleled views of Hunt Valley and the Fairgrounds. The building benefits from excellent highway connectivity, being less than half a mile from Interstate 83 and minutes from Interstate 695. Public transportation is also readily accessible, with the Timonium Transit Stop within walking distance and various MARC stations within a 25-minute radius. A full-service lease structure is available at a competitive rate of $23.50 per square foot. The surrounding area offers a wealth of retail, dining, and entertainment options, making this location highly desirable for businesses seeking a convenient and prestigious address. The 3.44-acre site provides ample space and a prominent presence on a busy commercial corridor.

• CAP approach

  CAP return

  Valuation

  6%

  $8,233,324

  6.5%

  $7,599,992

  7%

  $7,057,136

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,162,234

  Geo Method

  $3,162,234

• Alternative Use

  Use

  Valuation

  Residential

  $9,423,990

  Hospitality

  $8,632,324

  Educational

  $7,181,992

  Medical

  $7,428,992

  Retail

  $11,171,988

Location Insight

City

Lutherville

County

Baltimore

State

Maryland

Latitude

39.4477

Longitude

-76.6284

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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