Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    9710 Monroe St Cockeysville, MD 21030

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $549,900

    Office building with parking, convenient location, and development potential.

    Building Details

    Year built
    1949

    We can help!

    Listing Contact
    Sheri L Hausler
    Source: Corcoran

    Listing Agent: Sheri L Hausler

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Standalone Office Building with Parking

    This standalone office building is situated on a 0.28-acre lot within the Timonium Heights Subdivision. The property includes an off-street parking lot and features three finished levels, including a walk-out lower level. The building is conveniently located near York Road and the Interstate. This property presents a turnkey opportunity suitable for various uses beyond traditional office space, offering potential for a small boutique, salon/spa, or professional services such as a lending, real estate, or law firm, or even a construction business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Cockeysville
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.6327249
    Latitude
    39.4576564

    Nearby Similar for Sale

    • $650,000
      0.23 Acres

      Commercial Property on York Road

      Commercial property with income potential in prime location on York Road.
      10721 York Rd, Cockeysville, MD 21030
      View Details
    • Contact for pricing

      Hunt Valley Townhome with Upgrades

      Updated townhome in amenity-rich Hunt Valley community.
      537 Ensemble Ct, Hunt Valley, MD 21030
      View Details
    • $650,000

      York Road Commercial Property For Sale

      Commercial property with showroom, retail sections, and secure parking.
      10721 York Rd, Cockeysville, MD 21030
      View Details
    • $639,990

      Luxury Townhome in Hunt Valley

      New construction townhome with SkyLanai, available March 2026.
      13840 Ridgeview Ct, Cockeysville, MD 21030
      View Details
    • $675,000

      New Townhome with SkyLanai

      End unit townhome with SkyLanai, delivery February 2026.
      13832 Ridgeview Ct, Cockeysville, MD 21030
      View Details
    • $375,000

      Spacious Townhome-Style Condo in Cockeysville

      3-bedroom, 2.5-bath condo with community amenities and green space view.
      29 Wimpole Ct, Cockeysville, MD 21030
      View Details
    • $659,990

      New Townhome End Unit

      End unit townhome with SkyLanai, available December 2025.
      13818 Ridgeview Ct, Cockeysville, MD 21030
      View Details
    • $639,990

      New Townhome End Unit

      End unit townhome with SkyLanai, available November 2025.
      13820 Ridgeview Ct, Cockeysville, MD 21030
      View Details
    • $659,990

      New Townhome End Unit

      End unit townhome with SkyLanai, available November 2025.
      13812 Ridgeview Ct, Cockeysville, MD 21030
      View Details
    • $330,000

      Charming Condo with Pond Views

      Light-filled condo in Cockeysville with pond views and updated features.
      21 Waterbird Ct, Cockeysville, MD 21030
      View Details
    • Contact for pricing

      Cockeysville Office Suite - Prime Location

      Versatile Office Space, Cockeysville, MD
      54 Scott Adam Rd, Cockeysville, MD 21030
      View Details
    • $599,000
      2,900 SF

      Cockeysville Office Building - Great Value

      Prime Cockeysville location, 2,900 sq ft office space.
      10721 York Rd, Cockeysville, MD 21030
      View Details

    FAQs

    What type of property is this?
    Office building - Office building with parking, convenient location, and development potential.
    Where is this office building located?
    The property is located at 9710 Monroe St Cockeysville, MD.
    What is the asking price?
    The asking price for this property is $549,900.
    What are key features of this property?
    This property features: - Standalone office building with a .28-acre lot including off-street parking.; - Convenient location near York Rd and Interstate.; - Three finished levels with a walk-out lower level.
    (240) 370-2298
    Request Owner's contact information
    9710 Monroe St Cockeysville, MD 21030
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9710 Monroe St
    Cockeysville, MD 21030
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9710 Monroe St Cockeysville, MD 21030
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Sheri L Hausler
    Real Estate License ID: 652150
    (240) 370-2298 (240) 686-5994
    Learn more
    Google sign-in failed. Please try again or use another login method.