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Creative Office Space For Sale

10260 Baltimore National Pike Ellicott City, MD 21042

10260 Baltimore National Pike, Ellicott City, MD, 21042
Contact for pricing
For Sale
Contact for pricing

Creative office space suitable for medical and professional users.

Property Size1,938 SF
Price / SF$230
Days on Market1650

Property Features for 10260 Baltimore National Pike

General Information

Standard status
Active
Size
1,938 SF
Property subtype
Office
Listing agency Hyatt Commercial
Listed by George Shenas · License #MD 659421
Source Crexi
Added: Jan 13, 2022 Updated: Jul 6 at 8:16AM Checked: Jul 20 at 5:07AM

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 Hyatt Commercial


Investment Insights

Based on property information with market context.

This creative office space is suitable for medical and professional office users. The units, totaling 1938 square feet, are built out as office spaces that can be renovated for a variety of uses. The units are split into two levels that mirror each other and can be separated as upper and lower level units.

Key Highlights

  • Creative office space suitable for medical and professional users.
  • Flexible layout allows for various renovations and uses.
  • Units are split into two levels.

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 $22.1k $11.40
− Vacancy −$4.0k −$2.05
EGI $18.1k $9.35
− OpEx −$4.5k −$2.34
NOI $13.6k $7.01
1,938 SF · lease $11.40/SF/yr · vacancy 18.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$194.1K
$169.8K – $226.5K (±1% cap)
NOI $13,587 @ 7.0% cap · market cap 3.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$718.7K
$628.9K – $838.5K (±1% cap)
NOI $50,310 @ 7.0% cap · market cap 11.29%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Building Supply Big Box & Wholesale Store Law Firm Auto Parts Store Auto Repair Shop HVAC Service Parking Lot & Garage Furniture & Home Goods Electrical Service Garden Center

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

FAQs

What type of property is this?
Office units - Creative office space suitable for medical and professional users.
Where is this office units located?
The property is located at 10260 Baltimore National Pike Ellicott City, MD.
What is the asking price?
The asking price for this property is $445,740.
What are key features of this property?
This property features: Creative office space suitable for medical and professional users.; Flexible layout allows for various renovations and uses.; Units are split into two levels.
Contact an agent
(410) 266-8800 Call to check price and availability
More about this property
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