Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2850 North Ridge Road Ellicott Ellicott City, MD 21043

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Sublease medical office space in Ellicott City, Maryland.

    Type:Medical, Office
    Added:
    Apr 3, 2026
    Days on Market:
    20
    Last Refresh:
    Apr 3 at 4:55 am

    Property Features for 2850 North Ridge Road Ellicott

    General Information

    Standard status
    Active
    Property subtype
    Medical, Office

    We can help!

    Listing Contact
    Dennis Boyle, SIOR

    Listing agent Dennis Boyle, SIOR

    Listing office

    Listing date Apr 3, 2026

    Source Mackenziecommercial

    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 Dennis Boyle, SIOR

    Overview

    Medical Office Sublease Opportunity

    Sublease medical office space is available at North Ridge Professional Building, located at 2850 North Ridge Road in Ellicott City, Maryland. The office space was formerly a pediatric office and features a reception and waiting area, a private office, 3 exam rooms, and a storage room. The property benefits from its location with convenient access to Route 29, Route 40, and I-70.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • HomeVets Patapsco Valley — 8525 Baltimore National Pike Suite E, Ellicott City, MD 21043
    • Denise A. Huson — 8525 Baltimore National Pike # 5, Ellicott City, MD 21043

    Location Insight

    • Map
    • Local Demand
    City
    Ellicott City
    County
    Howard
    State
    Maryland
    Longitude
    -76.8194584
    Latitude
    39.2916899

    Nearby Similar for Lease

    • Contact for pricing

      Ellicott City Commercial Suite

      Second-floor suite in Corporate Court Business Park, ideal for office use.
      3217-A CORPORATE Court, ELLICOTT CITY, MD 21042
      View Details
    • Contact for pricing

      Ellicott City Professional Office Space

      Professional office space available for lease in Ellicott City.
      3460 ELLICOTT CENTER Drive, ELLICOTT CITY, MD 21043
      View Details
    • Contact for pricing

      Historic Ellicott City Office Space

      Professional office space in a modern building with historic feel.
      3675 PARK Avenue, ELLICOTT CITY, MD 21043
      View Details
    • Contact for pricing

      Charming Retail Space in Ellicott

      Flexible commercial space in a visible, historic Ellicott City center.
      9090 Frederick Road #r, ELLICOTT CITY, MD 21043
      View Details
    • $3/mo

      Professional Office in Ellicott City

      Professional office space with private entry, available June 2026.
      3460 ELLICOTT CENTER Dr 105, Ellicott City, MD 21043
      View Details
    • Contact for pricing

      Office Space in Columbia Corporate

      Class A office space for sublease in Ellicott City.
      6021 University Blvd Ellicott, City, MD 21043
      View Details
    • $28/mo

      Office Space for Sublease

      Sublease opportunity with 95,560 square feet of office space available.
      6011 University Blvd, Ellicott City, MD 21043
      View Details
    • $20/mo

      Suburban Office/Retail Space Available

      Office/retail building in residential community, close to major routes.
      8001 Hillsborough Rd, Ellicott City, MD
      View Details
    • $23/mo

      Ellicott City Office Space Available

      Office space for rent in Ellicott City, Maryland.
      9171 Baltimore National Pike, Ellicott City, MD 21042
      View Details
    • $22/mo

      Ellicott City Office Space

      Office space available for lease in Ellicott City, MD.
      3300 North Ridge Road, Ellicott City, MD 21043
      View Details
    • $25/mo

      Ellicott City Office Space

      50000 sqft office space available for rent.
      3290 North Ridge Road, Ellicott City, MD 21043
      View Details
    • Contact for pricing

      Class A Office Space Available

      Located in a 26-acre park with mixed-use retail.
      6031 University Blvd, Ellicott City, MD
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Sublease medical office space in Ellicott City, Maryland.
    Where is this medical office space located?
    The property is located at 2850 North Ridge Road Ellicott Ellicott City, MD.
    What are key features of this property?
    This property features: Former pediatric office space, ready for medical use.; Includes reception/waiting area, private office, **3 exam rooms**, and storage.; Located in the North Ridge Professional Building.
    (443) 798-9339
    We can help!
    Listing Contact
    Dennis Boyle, SIOR
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!