Office Suite with Private
New
For Sale
Contact for pricing
100 E Pennsylvania Avenue, Towson, MD 21286
The third-floor space includes four offices and a separate storage room.
Property Size900 SF
Price / SF$1.72
Days on Market3
Property Features for 100 E Pennsylvania Avenue
General Information
Standard status
Active
Size
900 SF
Property subtype
Commercial
Lease Term
36 Months
Additional Details
Floor
3
Highway Access
Yes
Amenities
Private Restroom
Mini Storage Room
Electric
Yes
Public
1.00 x
No
On Street,Off Site
Estimated
Building Details
Year Built
1984
Listing Agency:
Coldwell Banker Realty
(856) 222-0077
Listed By:
Tyler Mecca
Source:
Thetristaterealestategroup
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 2:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This 900-square-foot office suite occupies the third floor and is configured with four offices, a private restroom, and a small storage room. The space is available for immediate occupancy, with flexible lease terms and utilities included in the rent.
The property was built in 1984 and is near York Road, I-695, and I-83 in Towson.
The property was built in 1984 and is near York Road, I-695, and I-83 in Towson.
Key Highlights
- 900‑square‑foot office suite on the third floor
- Four offices, a private restroom, and a mini storage room
- Available for immediate occupancy with flexible lease terms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,310
Suggested Prices Based on Cap Rates
Cap Rate 5%
$126,200
$126.2K
Cap Rate 7%
$90,143
$90.1K
Cap Rate 9%
$70,111
$70.1K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$10.3K $11.40/SF
− Vacancy
−$1.8K −$2.05/SF
EGI
$8.4K $9.35/SF
− OpEx
−$2.1K −$2.34/SF
NOI
$6.3K $7.01/SF
Area
Baltimore County, MD
Vacancy
18.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$126,200
Cap Rate 7%
$90,143
Cap Rate 9%
$70,111
Alternative Uses
Best Use
Office B
$90.1K
$78.9K – $105.2K
NOI $6,310 @ 7.0% cap · market cap 407.10%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$8.73M
$7.64M – $10.19M
NOI $611,224 @ 7.0% cap · market cap 39,433.81%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
154
Businesses Nearby
Explore this area
Business Placement
Demographics for 21286, MD
21,470
Population
10,100
Households
2.1
Avg Household Size
42
Median Age
57%
College-Educated
95%
High-School Grad
8.6 sq mi
ZIP Area
2,497
Density / Sq Mi
$93,093
Median Household Income
$58,577
Median Earnings
$1,597
Median Rent
$402,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - The third-floor space includes four offices and a separate storage room.
Where is this office units located?
The property is located at 100 E Pennsylvania Avenue Towson, MD.
What are key features of this property?
This property features: 900‑square‑foot office suite on the third floor; Four offices, a private restroom, and a mini storage room; Available for immediate occupancy with flexible lease terms
