Your AI Navigator in Commercial Real Estate
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

    3708 Mountain Rd Pasadena, MD 21122

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $4,000,000

    Fully leased medical office building in prime Pasadena location.

    Property size:
    11,397 SF
    Lot size:
    0.93 Acres

    Property Features for 3708 Mountain Rd

    General Information

    Size
    11,397 SF
    Lot size
    0.93 Acres

    Source: Colliers | Washington DC Agent Chandler Pace

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

    Overview

    Pasadena Medical Office Investment

    The property is a medical office building located in the Pasadena submarket, which features a near-zero medical office vacancy rate. Constructed in 2000, the building offers 11397 square feet of space. It is situated on the main commercial corridor, directly across from the upcoming Jacobsville Town Center development. The building is 100% leased to the University of Maryland Medical Group through November 2030. The property is separately metered and features parking. It is positioned to provide immediate cash flow.
    Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Similar Places Nearby

    Pasadena Animal Hospital, Lake Shore Pet Hospital

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.5246606
    Latitude
    39.1240099

    Nearby Similar for Sale

    • $599,000
      2,280 SF

      Riviera Beach Multi-Unit Investment

      Licensed three-unit property in a desirable water-privileged community.
      151 Riviera Dr, Pasadena, MD 21122
      View Details
    • $325,000
      1,568 SF

      Updated Townhome in Pasadena's Deerfield

      Updated 3BR townhome with modern amenities in convenient Pasadena location.
      659 Willowby Run, Pasadena, MD 21122
      View Details
    • $1,499,999
      8,000 SF

      Pasadena Commercial Building with Modern Finishes

      8,000 SF commercial building on 1.03 acres with modern finishes.
      2421 Mountain Rd, Pasadena, MD 21122
      View Details
    • $315,000
      1,185 SF

      Updated Townhome in Chesterfield Community

      Updated 2-bedroom townhome with modern amenities and community features.
      8088 Wolsey Ct, Pasadena, MD 21122
      View Details
    • $290,000

      Updated Condo in Pasadena

      Updated 2-bedroom condo with modern amenities and convenient location.
      717 Deering Rd, Pasadena, MD 21122
      View Details
    • $360,000

      Pasadena Home with Updated Features

      Four-bedroom home in Pasadena with new appliances and flooring.
      348 Green Mountain Ct, Pasadena, MD 21122
      View Details

    FAQs

    What type of property is this?
    Medical office - Fully leased medical office building in prime Pasadena location.
    Where is this medical office located?
    The property is located at 3708 Mountain Rd Pasadena, MD.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: - 100% Leased to Credit Tenant: Leased through November 2030 by the University of Maryland Medical Group, providing stable income.; - Prime Submarket Location: Located in the Pasadena Submarket with a near-zero medical office vacancy rate.; - Strategic Growth Hub: Situated on the main commercial corridor, directly across from the new Jacobsville Town Center development.
    (202) 534-3000
    Request Owner's contact information
    3708 Mountain Rd Pasadena, MD 21122
    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.
    3708 Mountain Rd
    Pasadena, MD 21122
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    3708 Mountain Rd Pasadena, MD 21122
    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
    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.