Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • 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

    9171 Baltimore National Pike Ellicott City, MD 21042

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $23 SF/Yr

    Office space for rent in Ellicott City, Maryland.

    Property size:
    52,000 SF
    Lot size:
    52,000 SF

    Property Features for 9171 Baltimore National Pike

    General Information

    Size
    52,000 SF

    We can help!

    Listing Contact
    Spence Daw
    Source: Naiglobal

    Listing Agent: Spence Daw

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

    Learn more

    Property Insight Report

    Overview

    Ellicott City Office Space Available

    Office space is available for rent at a rate of $23.00 to $25.00 per square foot, plus electric. The property encompasses a total area of 52000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ellicott City
    County
    Howard
    State
    Maryland
    Longitude
    -76.8283339
    Latitude
    39.2766043

    Nearby Similar for Lease

    • $2,000 /Mo
      4,356 SF

      Historic Ellicott City Storefront

      Historic storefront in Ellicott City's Main Street district.
      8345 Main St, Ellicott City, MD 21043
      View Details
    • New
      $1,100 /Mo
      94,090 SF

      Ellicott City Commercial Suite

      Second-floor suite in Corporate Court Business Park, ideal for office use.
      3217-A Corporate Ct, Ellicott City, MD 21042
      View Details
    • $3,500 /Mo

      Ellicott City Medical Office Space

      Well-maintained pediatric medical office in Ellicott City for lease.
      3444 Ellicott Center Dr, Ellicott City, MD 21043
      View Details
    • $2,500 /Mo
      52,272 SF

      Ellicott City Office Space Available

      Office suites for lease in Dorsey Hall Professional Park.
      5094 Dorsey Hall Dr, Ellicott City, MD 21042
      View Details
    • $2,400 /Mo
      7,405 SF

      Ellicott City Office Space Available

      Professional office space in historic Ellicott City with ample parking.
      3675 Park Ave, Ellicott City, MD 21043
      View Details
    • $1,750 /Mo

      Dorsey Hall Professional Office Space

      Well-maintained office space in a convenient location with ample parking.
      5054 Dorsey Hall Dr N, Ellicott City, MD 21042
      View Details
    • $2,500 /Mo
      1,120 SF

      Ellicott City Office Space Available

      1,120 sq. ft. office space for lease in Ellicott City.
      5090-5096 Dorsey Hall Dr, Ellicott City, MD 21042
      View Details
    • Contact for pricing
      10,408 SF

      Class A Office Space Available

      Located in a 26-acre park with mixed-use retail.
      6031 University Blvd, Ellicott City, MD 21043
      View Details
    • $2,500 /Mo

      Ellicott City Office Space Available

      Office suites for lease in Dorsey Hall Professional Park.
      5094 Dorsey Hall Dr #205, Ellicott City, MD 21042
      View Details
    • $1,500 /Mo

      Ellicott City Office Condominium

      Office condominium with meeting room, reception area, and highway access.
      3460 Ellicott Center Dr, Ellicott City, MD 21043
      View Details
    • Contact for pricing
      2,414 SF

      Ellicott City Freestanding Retail Building

      2,414 SF freestanding building with drive-thru in Ellicott City.
      9450 Baltimore National Pike, Ellicott City, MD 21042
      View Details
    • $37 SF/Yr
      16,000 SF

      Ellicott City Medical Office Space

      Prime Howard County location, flexible suites.
      10155 Baltimore National Pike, Ellicott City, MD 21042
      View Details

    FAQs

    What type of property is this?
    Office space - Office space for rent in Ellicott City, Maryland.
    Where is this office space located?
    The property is located at 9171 Baltimore National Pike Ellicott City, MD.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: - Competitive rental rates from $23.00 to $25.00 per square foot.; - Rental rate includes all costs except electric.
    (443) 574-1429
    Request Owner's contact information
    9171 Baltimore National Pike Ellicott City, MD 21042
    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.
    9171 Baltimore National Pike
    Ellicott City, MD 21042
    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
    9171 Baltimore National Pike Ellicott City, MD 21042
    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
    Spence Daw
    (443) 574-1429
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.