Lower-Level Medical Office
720 MAIDEN CHOICE Lane Baltimore, MD 21229
720 MAIDEN CHOICE Lane, Baltimore, MD, 21229
$775,000
For Sale
$775,000
Commercial Sale - BALTIMORE, MD
Property Size5,000 SF
Price / SF$155
Days on Market76
Property Features for 720 MAIDEN CHOICE Lane
General Information
- Property type
- Other
- Property subtype
- Office
- Parking features
- Parking Lot
- Standard status
- Active
Taxes and HOA fees
- Tax Annual Amount
- 7495
Utilities
- Heating system
- Zoned, Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1957
- Number of units
- 1
- Building materials
- Brick
Listing agency
Keller Williams Lucido Agency
(410) 465-6900
Listed by
Robert J Lucido · License #4037
(410) 465-6900
Added: May 8 Updated: Jul 9 at 10:52AM Checked: Jul 22 at 7:06AM
MLS# MDBC2161392
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.
Investment Insights
Based on property information with market context.
This brick-front lower-level commercial condominium offers approximately 5,000 square feet of existing income-producing medical and dental office space. The welcoming lobby features built-in desk areas and window cutouts, leading to a central hallway with dual water fountains. Interior rooms include open work areas, private offices, storage and filing spaces, and flexible-use rooms with bay architecture. The unit also includes two bathrooms, multiple kitchenette areas with cabinets and sinks, and a dedicated break room.
The property is set within Wilton Springs in Catonsville and is conveniently located near Frederick Road with easy access to I-695 and commuter routes to Baltimore City. The building is surrounded by landscaping and provides ample parking for employees and clients.
The property is set within Wilton Springs in Catonsville and is conveniently located near Frederick Road with easy access to I-695 and commuter routes to Baltimore City. The building is surrounded by landscaping and provides ample parking for employees and clients.
Key Highlights
- Income‑producing medical/dental office space in desirable Catonsville location.
- Approximately 5,000 sq ft of flexible workspace adaptable for various professional uses.
- Convenient location near Frederick Road with easy access to I‑695 and Baltimore City.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $108.0k | $21.60 |
| − Vacancy | −$18.9k | −$3.78 |
| EGI | $89.1k | $17.82 |
| − OpEx | −$22.3k | −$4.46 |
| NOI | $66.8k | $13.37 |
5,000 SF · lease $21.60/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$1.03M
$900.9K – $1.20M
NOI $72,072 @ 7.0% cap · market cap 9.30%
Second Best
Office B
$954.6K
$835.3K – $1.11M
NOI $66,825 @ 7.0% cap · market cap 8.62%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,443 @ 7.0% cap · market cap 10.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dr. Nicholas J. ...
Dental Office
Dr. Yelena A. Lipnik, ...
Physician
Advanced Hearing Group
Physician
Machiran Lipnik
Physician
Chesapeake Urology Associates
Medical Clinic
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FAQs
What type of property is this?
Medical Office Space - Well-maintained lower-level office condo with medical and dental improvements, multiple rooms, bathrooms, and kitchenette/break areas.
Where is this medical office space located?
The property is located at 720 MAIDEN CHOICE Lane Baltimore, MD.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Income‑producing medical/dental office space in desirable Catonsville location.; Approximately 5,000 sq ft of flexible workspace adaptable for various professional uses.; Convenient location near Frederick Road with easy access to I‑695 and Baltimore City.
