10065 Red Run BlvdOwings Mills, MD 21117

  • Office buildings
  • 75,050 SF
For Lease

Property Details for 10065 Red Run Blvd

Year built
1991
Construction
BRICK
Lot size
5.10 AC
Property size (Sq ft)
75,050 SF
Zone code
OT
Property type
Office buildings
APN
02-2200004152
APU
22200004152

Description

This exceptional Class A office space, located at 10065 Red Run Blvd in Owings Mills, Maryland, 21117, offers multiple tenancy options within the Owings Mills Corporate Campus 3. The building boasts a total of 63,069 square feet spread across two stories, featuring attractive 9-foot ceilings. Currently, there are 3,785 square feet of vacant space available, divisible into units ranging from a minimum of 1,709 square feet to a maximum contiguous space of 2,076 square feet. This presents a unique opportunity for businesses seeking flexible and modern office accommodations. The property is zoned OT and situated in the desirable Reisterstown Rd Corridor of Baltimore County. Ample parking is provided with a 4:1,000 ratio. This prime location offers easy access to major transportation routes and amenities, making it an ideal choice for businesses of all sizes. The building's executive office subtype ensures a professional and sophisticated environment. Inquire today to learn more about this outstanding opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,402,139
    6.5%
    $10,525,051
    7%
    $9,773,262
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,721,396
    Geo Method
    $4,721,396
  • Alternative Use

    Use
    Valuation
    Residential
    $13,051,063
    Hospitality
    $11,954,704
    Educational
    $9,946,173
    Medical
    $10,288,237
    Retail
    $15,471,825
10065 Red Run Blvd, Owings Mills, Maryland

Location Insight

City
Owings Mills
County
Baltimore
State
Maryland
Latitude
39.3987
Longitude
-76.7814
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
$36,519
-
-
$5,750,000
-
$2,550,000
$4,450,000
$7,000,000

FAQs

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