Building Details

Year Built 1998

Listing Agency: Keller Williams Realty s***@srarealty.com Show Phone

Listed By: Walter D. Taraila · License #RB-0020563 Show Phone

Source: Cummingsrealtors

Added: Jul 12 Changed: Sep 9 Last Checked: Sep 10 at 6:55AM

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Investment Insights

Based on property information with market context.

This second-floor office suite is laid out with four offices, one bathroom, and a copy/tech room. The space is presently rented, with the tenant able to be out with 30 days notice, and lease terms are available from 1 to 5 years.

The tenant is responsible for rent along with utilities, insurance, and the water/sewer fee.

Key Highlights

• 1998‑built property with second‑floor office space currently rented
• Tenant can be out with 30 days notice
• Office suite layout includes four offices and one bathroom

Property Analytics

Current Use

Medical Billing Solutions ... Medical Billing Service Ocean Pines Fairy ... Park mbsolutions Medical Billing Service Donna M. Ignelzi-Ferraro, ... Physician Dr. William D. ... Physician

Suggested Use

Top Pick Hair Salon Nail Salon Auto Repair Shop Law Firm Dental Office Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

393

Businesses Nearby

Explore this area Business Placement

Demographics for 21811, MD

23,907

Population

15,439

Households

1.5

Avg Household Size

52

Median Age

36%

College-Educated

94%

High-School Grad

101.5 sq mi

ZIP Area

236

Density / Sq Mi

$91,293

Median Household Income

$49,929

Median Earnings

$1,398

Median Rent

$362,500

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Second-floor office suite with four offices, a bathroom, and a copy/tech room; currently rented with 30-day tenant notice.

Where is this office units located?

The property is located at 11042 NICHOLAS LANE #B203 Berlin, MD.

What are key features of this property?

This property features: 1998‑built property with second‑floor office space currently rented; Tenant can be out with 30 days notice; Office suite layout includes four offices and one bathroom