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End-Cap Office Unit
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9115 Guilford Rd, Columbia, MD 21046

Landominium office unit with dock access, substantial glazing, private offices, open workspace, and parking.

Property Size22,343 SF
Price / SF$154.41
Days on Market763
Rey
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Property Features for 9115 Guilford Rd

General Information

Standard status Active
Size 22,343 SF
Property subtype OFFICE

Additional Details

Highway Access Yes

Amenities

conference center/training center
Listing Agency: JLL | Baltimore
Listed By: Gary D. Applestein · License #74754
Source: Moodyscre
Added: Sep 13, 2024 Changed: Oct 5 Last Checked: Oct 14 at 11:51PM

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 JLL | Baltimore

Investment Insights

Based on property information with market context.

This end-unit office property combines open workspace with private offices and includes an oversized conference room and a dedicated training room. Dock-loading capability supports functional commercial use, while the extensive window line brings prominent glazing to the space. On-site parking is also included, and the property is identified as a landominium.

The property offers convenient connections to Route 32, Route 29, and I-95. Its position at the end of the building provides a distinct unit configuration within the office property, with access to both workspace and meeting-oriented areas.

Key Highlights

  • End unit within the building
  • Dock‑loading capability
  • Oversized conference room and dedicated training room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$294,874
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,897,480 $5.9M
Cap Rate 7%
$4,212,486 $4.2M
Cap Rate 9%
$3,276,378 $3.3M
Market Conditions
NOI Build-Up for 22,343 SF
Gross rent
$482.6K $21.60/SF
− Vacancy
−$29.0K −$1.30/SF
EGI
$453.7K $20.30/SF
− OpEx
−$158.8K −$7.11/SF
NOI
$294.9K $13.20/SF
Area
Columbia, MD
Vacancy
6.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,897,480
Cap Rate 7%
$4,212,486
Cap Rate 9%
$3,276,378

Alternative Uses

Best Use
Office B
$5.11M
$4.48M – $5.97M (±1% cap)
NOI $358,031 @ 7.0% cap · market cap 10.38%
Second Best
Flex RnD
$4.21M
$3.69M – $4.91M (±1% cap)
NOI $294,874 @ 7.0% cap · market cap 8.55%
Theoretical Best
Office A
$7.10M
$6.22M – $8.29M (±1% cap)
NOI $497,237 @ 7.0% cap · market cap 14.41%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

MARTI Cultural Center DRS Signal Solutions Corporate Office Nova Star Home ... Loan Service FD NeuroTechnologies, Inc Consultant Whitetulip Medical Clinic Charitable Organization

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop Building Supply Dental Office Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

942
Businesses Nearby

Demographics for 21046, MD

16,023
Population
6,361
Households
2.5
Avg Household Size
37
Median Age
62%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
2,054
Density / Sq Mi
$126,549
Median Household Income
$70,187
Median Earnings
$2,099
Median Rent
$469,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office units - Landominium office unit with dock access, substantial glazing, private offices, open workspace, and parking.
Where is this office units located?
The property is located at 9115 Guilford Rd Columbia, MD.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: End unit within the building; Dock‑loading capability; Oversized conference room and dedicated training room
(443) 931-3345 Call to check price and availability
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