10711 Red Run BlvdOwings Mills, MD 21117

Property Details for 10711 Red Run Blvd

Year built

1999

Construction

BRICK

Lot size

12.82 AC

Property size (Sq ft)

90,800 SF

Zone code

ML

Property type

Office properties

Property subtype

Office buildings

APN

04-2300007703

APU

42300007703

Description

This exceptional warehouse space at 10711 Red Run Boulevard in Owings Mills, Maryland, offers a prime location within the Red Run Business Park. The property boasts a total of 92,415 square feet, with multiple tenancy options available. Currently, 6,424 square feet of warehouse space is immediately available, divisible into units as small as 2,010 square feet and up to a contiguous 4,324 square feet. The property features convenient drive-in access (1 door) and ample parking with 264 spaces. The warehouse benefits from robust 120/208 volt, 3-phase, 4-wire electrical service, ensuring sufficient power for a variety of industrial and light industrial uses. Located in Baltimore County's Resiterstown Rd Ind submarket, with a zip code of 21117, this property is ideally situated for businesses seeking efficient warehouse operations. The property is zoned ML-IM. This is an excellent opportunity for businesses seeking flexible and well-equipped warehouse space in a thriving Maryland location. Contact us today to learn more about leasing options and to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $13,794,992

  6.5%

  $12,733,839

  7%

  $11,824,279

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,712,228

  Geo Method

  $5,712,228

• Alternative Use

  Use

  Valuation

  Residential

  $15,789,961

  Hospitality

  $14,463,519

  Educational

  $12,033,478

  Medical

  $12,447,328

  Retail

  $18,718,744

Location Insight

City

Owings Mills

County

Baltimore

State

Maryland

Latitude

39.4149

Longitude

-76.8011

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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