Office Condo with Private
For Sale
$289,900
10306 BALTIMORE NATIONAL PIKE Unit A, Ellicott City, MD 21042
Maintained professional suite with a meeting room, hardwood floors, and HVAC installed in 2021.
Property Size2,820 SF
Days on Market48
Property Features for 10306 BALTIMORE NATIONAL PIKE Unit A
General Information
Standard status
Active
Size
2,820 SF
Property subtype
MixedUse
Taxes and HOA fees
Annual Taxes
$2,389
Building Details
Building Size
2,820 SF
Year Built
1987
Listing Agency:
Giant Realty, Inc.
Listed By:
Jin Young Kim
(571) 213-9777
Source:
Thehulsmangroup
Added: Sep 11
Changed: Oct 25
Last Checked: Oct 28 at 4:59PM
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 Giant Realty, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office condominium, built in 1987, provides a practical professional layout with 3 private offices, a dedicated meeting room, and 1 bathroom. Hardwood flooring extends throughout the suite, while new paint and an HVAC system installed in 2021 support the updated interior environment.
The property is located at 10306 Baltimore National Pike, Unit A, in Ellicott City, Maryland. Access to Rt. 29 and I-95 connects the office to regional commuter routes, with local shopping centers nearby. The configuration is suited to professional office operations, including medical, legal, and other professional services as identified for the property.
The property is located at 10306 Baltimore National Pike, Unit A, in Ellicott City, Maryland. Access to Rt. 29 and I-95 connects the office to regional commuter routes, with local shopping centers nearby. The configuration is suited to professional office operations, including medical, legal, and other professional services as identified for the property.
Key Highlights
- Office condominium with 3 private offices and a meeting room
- 1 bathroom and hardwood floors throughout
- HVAC system installed in 2021
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,771
Cap Rate
6.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$395,420
$395.4K
Cap Rate 7%
$282,443
$282.4K
Cap Rate 9%
$219,678
$219.7K
Market Conditions
NOI Build-Up for 2,820 SF
Gross rent
$32.1K $11.40/SF
− Vacancy
−$5.8K −$2.05/SF
EGI
$26.4K $9.35/SF
− OpEx
−$6.6K −$2.34/SF
NOI
$19.8K $7.01/SF
Area
Howard 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%
$395,420
Cap Rate 7%
$282,443
Cap Rate 9%
$219,678
Alternative Uses
Best Use
Office B
$282.4K
$247.1K – $329.5K
NOI $19,771 @ 7.0% cap · market cap 6.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$915.1K – $1.22M
NOI $73,206 @ 7.0% cap · market cap 25.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
858
Businesses Nearby
Explore this area
Business Placement
Demographics for 21042, MD
43,147
Population
15,269
Households
2.8
Avg Household Size
43
Median Age
75%
College-Educated
98%
High-School Grad
37.0 sq mi
ZIP Area
1,166
Density / Sq Mi
$190,504
Median Household Income
$94,089
Median Earnings
$2,253
Median Rent
$674,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Maintained professional suite with a meeting room, hardwood floors, and HVAC installed in 2021.
Where is this office unit located?
The property is located at 10306 BALTIMORE NATIONAL PIKE Unit A Ellicott City, MD.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Office condominium with 3 private offices and a meeting room; 1 bathroom and hardwood floors throughout; HVAC system installed in 2021
