First-Floor Office Unit with
400 Renfro Dr Glen Burnie, MD 21060
For Sale
Contact for pricing
First-floor office unit features two entrances, ample sunlight, and a kitchen.
Property Size1,463 SF
Price / SF$181.67
Days on Market1282
Property Features for 400 Renfro Dr
General Information
Standard status
Active
Size
1,463 SF
Property subtype
OFFICE
Listing Agency:
Douglas Commercial
(301) 655-8253
Listed By:
Scott Douglas · License #580592
Source:
Moodyscre
Added: Jan 25, 2023
Changed: Jul 29
Last Checked: Jul 29 at 9:16AM
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 Douglas Commercial
Investment Insights
Based on property information with market context.
The Regatta offers a first-floor office unit with two entrances, ample sunlight, and an in-unit kitchen. This setup can support day-to-day operations with convenient access points.
The property is located near the Furnace Branch Road exit of MD Route 10 and is positioned for convenient access to Baltimore, Baltimore-Washington International Airport, Annapolis, and Washington, D.C.
The offering is listed for sale as part of the Regatta building and includes the features noted above for an office tenant or owner-occupant looking for a functional, naturally lit workspace.
The property is located near the Furnace Branch Road exit of MD Route 10 and is positioned for convenient access to Baltimore, Baltimore-Washington International Airport, Annapolis, and Washington, D.C.
The offering is listed for sale as part of the Regatta building and includes the features noted above for an office tenant or owner-occupant looking for a functional, naturally lit workspace.
Key Highlights
- First‑floor office unit with two entrances
- Includes a kitchen
- Ample sunlight
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 | $16.7k | $11.40 |
| − Vacancy | −$3.0k | −$2.05 |
| EGI | $13.7k | $9.35 |
| − OpEx | −$3.4k | −$2.34 |
| NOI | $10.3k | $7.01 |
1,463 SF · lease $11.40/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$146.5K
$128.2K – $171.0K
NOI $10,257 @ 7.0% cap · market cap 3.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$428.0K
$374.5K – $499.3K
NOI $29,958 @ 7.0% cap · market cap 11.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - First-floor office unit features two entrances, ample sunlight, and a kitchen.
Where is this office units located?
The property is located at 400 Renfro Dr Glen Burnie, MD.
What is the asking price?
The asking price for this property is $265,785.
What are key features of this property?
This property features: First‑floor office unit with two entrances; Includes a kitchen; Ample sunlight
