10075 Red Run BlvdOwings Mills, MD 21117

  • Office buildings
  • 100,000 SF
For Lease
$20/SF/YR View listing

Property Details for 10075 Red Run Blvd

Year built
1993
Construction
BRICK
Lot size
7.38 AC
Property size (Sq ft)
100,000 SF
Zone code
OT
Property type
Office buildings
APN
02-2200007267
APU
22200007267

Description

10075 Red Run Boulevard in Owings Mills, Maryland, offers exceptional executive office space for lease. This Class B building boasts a total of 100,000 square feet, providing a range of options for businesses of various sizes. Currently, there are multiple suites available, with a minimum divisible space of 4,182 square feet and a maximum contiguous space of 10,794 square feet. A total of 22,708 square feet is currently vacant and ready for immediate occupancy. The property is conveniently located in Baltimore County, Maryland, with the full address being 10075 Red Run Blvd, Owings Mills, MD 21117. This prime location offers easy access to major transportation routes, making it an ideal choice for businesses seeking a strategic location. The building's executive office spaces are perfect for companies seeking a professional and efficient workspace. Interested parties are encouraged to inquire about available floor plans and lease terms. The property is categorized as a multi-tenant building, offering flexibility and a vibrant business community. The available space presents a unique opportunity for businesses to establish a strong presence in a thriving area. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $15,192,723
    6.5%
    $14,024,052
    7%
    $13,022,334
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,291,000
    Geo Method
    $6,291,000
  • Alternative Use

    Use
    Valuation
    Residential
    $17,389,824
    Hospitality
    $15,928,986
    Educational
    $13,252,729
    Medical
    $13,708,511
    Retail
    $20,615,356
10075 Red Run Blvd, Owings Mills, Maryland

Location Insight

City
Owings Mills
County
Baltimore
State
Maryland
Latitude
39.3997
Longitude
-76.7819
CBSA code
12580
CBSA name
BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$149,489
$2,767,500
$7,644,700
$10,412,200
-
$2,767,500
$7,644,700
$10,412,200

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