10715 Red Run BlvdOwings Mills, MD 21117

  • Office buildings
  • 116,416 SF

Property Details for 10715 Red Run Blvd

Year built
2000
Construction
BRICK
Lot size
16.23 AC
Property size (Sq ft)
116,416 SF
Zone code
ML
Property type
Office buildings
APN
04-2300007696
APU
42300007696

Description

This exceptional flex/warehouse space, located within the highly sought-after Red Run Business Park in Owings Mills, Maryland, offers 2,010 square feet of immediately available space. Situated at 10715 Red Run Boulevard, zip code 21117, this property boasts a prime location within the Reisterstown Rd Ind submarket of Baltimore County. The building itself comprises a total of 113,170 square feet, offering ample room for expansion should your business needs grow. The unit features a generous 20-foot ceiling height, providing excellent vertical storage capacity. Loading and unloading are facilitated by two conveniently located loading docks. Ample parking is available for employees and visitors, with a total of 657 parking spaces throughout the complex. The property is zoned ML-IM and benefits from robust 277/480 volt electrical service. This multi-tenant building presents a fantastic opportunity for businesses seeking a functional and well-located industrial space in a thriving Maryland community. The property is ready for immediate occupancy. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $17,686,760
    6.5%
    $16,326,240
    7%
    $15,160,080
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,323,730
    Geo Method
    $7,323,730
  • Alternative Use

    Use
    Valuation
    Residential
    $20,244,538
    Hospitality
    $18,543,888
    Educational
    $15,428,297
    Medical
    $15,958,900
    Retail
    $23,999,574

Location Insight

City
Owings Mills
County
Baltimore
State
Maryland
Latitude
39.4162
Longitude
-76.8034
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
$177,533
-
-
$14,058,067
-
$1,624,500
$14,828,300
$16,452,800

FAQs

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