Office and Retail Corner
14212 Ellerslie Road Ellerslie, MD 21529
14212 Ellerslie Road, Ellerslie, MD, 21529
$175,000
For Sale
$175,000
High-visibility corner suite with paved front parking, positioned beside the Post Office and accessible from a major roadway.
Property Size1,196 SF
Price / SF$146.32
Days on Market17
Property Features for 14212 Ellerslie Road
General Information
- Standard status
- Active
- Size
- 1,196 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1988
Listing Agency
Charis Realty Group
(301) 707-8888
Listed by
Stephen MacGray · License #652984
(301) 707-8888
Source
Xome
Added: Jun 30 Checked: Jul 9 at 2:33 am
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 Charis Realty Group
Investment Insights
Based on property information with market context.
This property offers combined office and retail space in a high-visibility corner configuration. The building features a paved parking lot directly in front of the entrance, supporting convenient customer access.
Located at 14212 Ellerslie Road in Ellerslie, MD 21529, the space is situated beside the Post Office in a high-traffic location. Convenient access from a major roadway makes it straightforward for customers to reach the property.
Located at 14212 Ellerslie Road in Ellerslie, MD 21529, the space is situated beside the Post Office in a high-traffic location. Convenient access from a major roadway makes it straightforward for customers to reach the property.
Key Highlights
- 1988‑built commercial office/retail space in a high‑traffic area of Ellerslie, MD
- High‑visibility corner location beside the Post Office
- Central Air cooling; heating listed as “3”
Local Financial Insights For Retail
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 | $18.1k | $15.12 |
| − Vacancy | −$760 | −$0.64 |
| EGI | $17.3k | $14.48 |
| − OpEx | −$5.2k | −$4.35 |
| NOI | $12.1k | $10.14 |
1,196 SF · lease $15.12/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Office B
$261.0K
$228.4K – $304.5K
NOI $18,271 @ 7.0% cap · market cap 10.44%
Second Best
Retail
$173.2K
$151.6K – $202.1K
NOI $12,127 @ 7.0% cap · market cap 6.93%
Theoretical Best
Office A
$443.5K
$388.1K – $517.5K
NOI $31,048 @ 7.0% cap · market cap 17.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Home Paramount Pest ...
Garden Center
FAQs
What type of property is this?
Office units - High-visibility corner suite with paved front parking, positioned beside the Post Office and accessible from a major roadway.
Where is this office units located?
The property is located at 14212 Ellerslie Road Ellerslie, MD.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 1988‑built commercial office/retail space in a high‑traffic area of Ellerslie, MD; High‑visibility corner location beside the Post Office; Central Air cooling; heating listed as “3”
