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    Furnished Office Space in White Plains Title is generated by Realmo AI

    4550 CRAIN Highway, White Plains, MD 20695

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    For Lease
    $9,500/Mo $17 SF/Yr (calc)

    CommercialLease - WHITE PLAINS, MD

    Type:Office
    Property size:
    6,554 SF
    Lot size:
    1.33 Acres
    Added:
    Apr 13, 2025
    Days on Market:
    396
    Last Refresh:
    May 13 at 9:06 am

    Property Features for 4550 CRAIN Highway

    General Information

    Property type
    Other
    Property subtype
    Office
    Parking
    82
    Parking features
    Parking Lot
    Standard status
    Active
    Size
    6,554 SF
    Lot size
    1.33 Acres

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2014
    Building materials
    Fiber Cement, Metal Siding

    We can help!

    Listing Contact
    Boyd Grainger
    Boyd Grainger

    Listing agent Boyd Grainger License #619992

    Listing office Pearson Smith Realty, LLC 43777 Central Station Drive unit: 390, Ashburn, MD

    Listing date Apr 13, 2025

    MLS# MDCH2041742

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Entire 6554 sq ft floor for tenant's exclusive use.
    • Fully furnished office space with 17 individual offices, including 4 multi‑workspace capable, large conference room, and kitchen/break room.
    • Tenant only pays rent, electricity, and internet; owner covers all other expenses.
    • Flexible owner willing to negotiate terms and multi‑year lease.
    • Impressive reception area and trophy conference room.
    • Located on highly traveled 301 N in White Plains commercial district.

    Overview

    This 6,554 square foot, fully furnished second-floor office space is available for rent in White Plains, Maryland. The tenant will occupy the entire floor, accessible directly from the elevator. The layout includes an impressive reception area, a trophy conference room, and 17 individual offices, with 4 offices capable of accommodating multiple workspaces. Additional features include a large conference room, a kitchen/break room with an eating area, and three large bathrooms. The office building is situated on highly traveled 301 N in the White Plains commercial district. The owner is flexible and willing to sign multi-year deals and negotiate terms. The 1.33-acre property is located at 4550 Crain Highway. The tenant is responsible for rent, electricity, and internet. The owner covers common area maintenance, water, sewer, and real estate taxes. There are no CAM or extra fees. The owner will entertain extended free rent for a period of time with an accepted lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jonathan Holland - EXIT ... Real Estate Agency CLA Title & Escrow Title Company Smokers Delight BBQ ... Restaurant Lashxxclusive studios Hair Salon Venus Salon Suites ... Hair Salon

    Suggested Use

    Restaurant Law Firm Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    White Plains
    County
    Charles
    State
    Maryland
    Longitude
    -76.944268
    Latitude
    38.5873444

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    FAQs

    What type of property is this?
    Office units - Fully furnished office space available for rent in White Plains.
    Where is this office units located?
    The property is located at 4550 CRAIN Highway White Plains, MD.
    What is the lease rate?
    The lease rate is $9,500 /Mo.
    What are key features of this property?
    This property features: Entire 6554 sq ft floor for tenant's exclusive use.; Fully furnished office space with 17 individual offices, including 4 multi‑workspace capable, large conference room, and kitchen/break room.; Tenant only pays rent, electricity, and internet; owner covers all other expenses.
    (301) 643-6446
    We can help!
    Listing Contact
    Boyd Grainger
    Boyd Grainger
    Real Estate License ID: 619992
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    4550 CRAIN Highway, WHITE PLAINS, MD 20695
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