Office Building with Private
11107 Manklin Meadows Lane Berlin, MD 21811
For Sale
$510,000
Well-suited for office use with multiple private entrances, on-site parking, and a newly installed roof.
Property Size2,770 SF
Price / SF$184.12
Days on Market97
Property Features for 11107 Manklin Meadows Lane
General Information
Standard status
Active
Size
2,770 SF
Property subtype
Office
Building Details
Year Built
1978
Listing Agency:
Coastal Life Realty Group LLC
(443) 783-9264
Listed By:
Mark Odachowski
(443) 783-9264
Source:
Xome
Added: Apr 25
Changed: Jul 10
Last Checked: Jul 19 at 1:28AM
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 Coastal Life Realty Group LLC
Investment Insights
Based on property information with market context.
This office building offers a total of 2,770 square feet configured with 10 office-sized rooms, along with additional space that can support flexible uses or storage needs. The property includes multiple private entrances and a spacious garage, providing practical access options for both tenants and visitors.
Located at 11107 Manklin Meadows Lane in Berlin, Maryland, the building features at least 5 on-site parking spaces plus plenty of off-street parking. A brand-new roof was installed in December 2024, and there are no HOA fees. From the rear, the property overlooks the lake at Veterans Memorial Park.
For prospective buyers or operators, the combination of numerous private office rooms and additional adaptable space can support a range of professional and administrative needs, from multi-room office operations to organizations requiring storage or workspace flexibility. The multiple entry points, garage, and established parking availability may be helpful for day-to-day operations and client access. With the recent roof replacement and no HOA fees, the building presents an office-focused option for those seeking a manageable, self-contained commercial property in the Berlin area.
Located at 11107 Manklin Meadows Lane in Berlin, Maryland, the building features at least 5 on-site parking spaces plus plenty of off-street parking. A brand-new roof was installed in December 2024, and there are no HOA fees. From the rear, the property overlooks the lake at Veterans Memorial Park.
For prospective buyers or operators, the combination of numerous private office rooms and additional adaptable space can support a range of professional and administrative needs, from multi-room office operations to organizations requiring storage or workspace flexibility. The multiple entry points, garage, and established parking availability may be helpful for day-to-day operations and client access. With the recent roof replacement and no HOA fees, the building presents an office-focused option for those seeking a manageable, self-contained commercial property in the Berlin area.
Key Highlights
- 2770 sq. ft. commercial building with 10 office‑sized rooms
- Multiple private entrances plus spacious garage
- Driveway with 5+ on‑site parking spaces and plenty of off‑street parking
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 | $61.5k | $22.20 |
| − Vacancy | −$9.8k | −$3.55 |
| EGI | $51.7k | $18.65 |
| − OpEx | −$12.9k | −$4.66 |
| NOI | $38.7k | $13.99 |
2,770 SF · lease $22.20/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$553.4K
$484.3K – $645.7K
NOI $38,741 @ 7.0% cap · market cap 7.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$665.7K
$582.5K – $776.6K
NOI $46,596 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Well-suited for office use with multiple private entrances, on-site parking, and a newly installed roof.
Where is this office building located?
The property is located at 11107 Manklin Meadows Lane Berlin, MD.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: 2770 sq. ft. commercial building with 10 office‑sized rooms; Multiple private entrances plus spacious garage; Driveway with 5+ on‑site parking spaces and plenty of off‑street parking
