Skylit Professional Office
New
For Sale
$700,000
16 WILLOW Avenue, Towson, MD 21286
Commercial Sale, TOWSON, MD
Property Size6,350 SF
Lot Size0.75 Acres
Price / SF$110.24
Days on Market3
Property Features for 16 WILLOW Avenue
General Information
Property type
Other
Property subtype
Office
Parking
27
Parking features
Special Needs, Parking Lot
Subdivision
TOWSON MANOR
Elementary school district
BALTIMORE COUNTY PUBLIC SCHOOLS
Middle school district
BALTIMORE COUNTY PUBLIC SCHOOLS
High school district
BALTIMORE COUNTY PUBLIC SCHOOLS
Standard status
Active
Lot size
0.75 Acres
Taxes and HOA fees
Tax Annual Amount
7117
Utilities
Heating system
Zoned, Forced Air
Cooling system
Central Air
Amenities
skylights
multiple private entrances
garage-style bay door
outdoor conference/picnic area
kitchenette
restroom with shower
Building Details
Year built
1930
Building materials
Brick, Concrete, Stucco
Listing Agency:
Alex Cooper Auctioneers, Inc.
(410) 828-4838
Listed By:
Scott Frank · License #586190
(410) 977-4712
Added: Oct 14
Last Checked: Oct 16 at 4:06AM
MLS# MDBC2178644
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This single-story office property contains approximately 6,350+/- square feet on 0.75+/- acres. Brick and glass construction, skylights, and interior finishes updated beginning in Fall 2008 define the building. Its layout includes 17+/- private offices, a reception area, three conference rooms, a kitchenette and dining area, copy and storage rooms, and an IT closet. Two restrooms include one with a shower. Other features include ceiling heights of approximately 9-12 feet, a garage-style bay door for interior storage, and an outdoor meeting and picnic area.
Five HVAC units serve separate zones, with two 200-amp electrical panels and three-phase service. The property has public water and sewer, a wet sprinkler system, hardwired and wireless internet, and 27+/- on-site parking spaces, including two designated accessible spaces. Multiple entrances and the possibility of separate suites provide layout flexibility, subject to applicable approvals.
The property is in Towson, east of York Road and within walking distance of the downtown business district, Baltimore County Courthouse, restaurants, and shops. Towson University and Goucher College are nearby, with access to I-695, I-83, and I-95.
Five HVAC units serve separate zones, with two 200-amp electrical panels and three-phase service. The property has public water and sewer, a wet sprinkler system, hardwired and wireless internet, and 27+/- on-site parking spaces, including two designated accessible spaces. Multiple entrances and the possibility of separate suites provide layout flexibility, subject to applicable approvals.
The property is in Towson, east of York Road and within walking distance of the downtown business district, Baltimore County Courthouse, restaurants, and shops. Towson University and Goucher College are nearby, with access to I-695, I-83, and I-95.
Key Highlights
- Approximately 6,350+/- square feet on 0.75+/- acres
- 17+/- private offices and three conference rooms
- 27+/- on‑site parking spaces, including two designated handicapped‑accessible spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,520
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$890,400
$890.4K
Cap Rate 7%
$636,000
$636.0K
Cap Rate 9%
$494,667
$494.7K
Market Conditions
NOI Build-Up for 6,350 SF
Gross rent
$72.4K $11.40/SF
− Vacancy
−$13.0K −$2.05/SF
EGI
$59.4K $9.35/SF
− OpEx
−$14.8K −$2.34/SF
NOI
$44.5K $7.01/SF
Area
Baltimore County, MD
Vacancy
18.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$890,400
Cap Rate 7%
$636,000
Cap Rate 9%
$494,667
Alternative Uses
Best Use
Office B
$636.0K
$556.5K – $742.0K
NOI $44,520 @ 7.0% cap · market cap 6.36%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$61.61M
$53.91M – $71.88M
NOI $4,312,524 @ 7.0% cap · market cap 616.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4,065
Businesses Nearby
Explore this area
Business Placement
Demographics for 21286, MD
21,470
Population
10,100
Households
2.1
Avg Household Size
42
Median Age
57%
College-Educated
95%
High-School Grad
8.6 sq mi
ZIP Area
2,497
Density / Sq Mi
$93,093
Median Household Income
$58,577
Median Earnings
$1,597
Median Rent
$402,000
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
Frequently Asked Questions
What type of property is this?
Office building - A single-story workplace features multiple private entrances and a varied interior layout suited to professional office operations.
Where is this office building located?
The property is located at 16 WILLOW Avenue Towson, MD.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Approximately 6,350+/- square feet on 0.75+/- acres; 17+/- private offices and three conference rooms; 27+/- on‑site parking spaces, including two designated handicapped‑accessible spaces
