5310 Old Court RdRandallstown, MD 21133

Property Details for 5310 Old Court Rd

Year built

1973

Construction

BRICK

Lot size

1.01 AC

Property size (Sq ft)

25,920 SF

Zone code

BRCSA

Property type

Office buildings

APN

02-0219001698

APU

20219001698

Description

This exceptional office building, located at 5310 Old Court Road in Randallstown, Maryland, presents a unique investment opportunity. The property, totaling 21,769 square feet, is classified as Class C and boasts a prime location in Baltimore County, just 0.3 miles from Northwest Hospital and conveniently situated near the intersection of Liberty Road and Old Court Road. Built in 1973 and extensively renovated in 2022, the building offers multiple tenancy options with a minimum divisible space of 806 square feet and a maximum contiguous space of 1,800 square feet. Currently, 3,434 square feet of space is available. The property sits on a 1.01-acre lot and provides ample parking with a ratio of 4 spaces per 1,000 square feet. The building is zoned BR-CSA, County, and is ideally suited for a variety of office uses, including traditional office, executive office, and medical office spaces. The existing build-out makes it particularly attractive for medical or general office tenants seeking move-in ready suites. This is a rare opportunity to acquire a well-maintained, renovated office building in a highly desirable location with excellent access to major roadways and essential amenities. The property's versatile space and convenient location make it an ideal choice for businesses seeking a functional and accessible workspace in the thriving Randallstown community. The zip code is 21133.

• CAP approach

  CAP return

  Valuation

  6%

  $3,937,954

  6.5%

  $3,635,034

  7%

  $3,375,389

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,630,627

  Geo Method

  $1,630,627

• Alternative Use

  Use

  Valuation

  Residential

  $4,507,442

  Hospitality

  $4,128,793

  Educational

  $3,435,108

  Medical

  $3,553,246

  Retail

  $5,343,500

Location Insight

City

Randallstown

County

Baltimore

State

Maryland

Latitude

39.361

Longitude

-76.7802

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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