Medical Office Space with Building
For Sale
Contact for pricing
1655 Crofton Blvd, Crofton, MD 21114
Leased medical office space with building signage and existing tenants including two medical groups and a title company.
Property Size30,000 SF
Price / SF$250
Days on Market1283
Property Features for 1655 Crofton Blvd
General Information
Standard status
Active
Size
30,000 SF
Property subtype
OFFICE
Amenities
building signage
Building Details
Tenancy
Multi
Listing Agency:
Douglas Commercial
(301) 655-8253
Listed By:
Scott Douglas · License #580592
Source:
Moodyscre
Added: Jan 25, 2023
Changed: Jul 30
Last Checked: Jul 30 at 5:34AM
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.
Medical office space totaling 30,000 square feet, with building signage available. Existing tenants include two medical groups and a title company, providing in-place occupancy.
Financing may be structured with an assumable CMBS loan. Owner financing is also available, which can provide additional flexibility for qualified buyers.
For prospective investors or owner-occupants seeking a medical office tenancy mix, this offering combines a sizeable medical footprint with current tenant presence and options for assumption or owner-backed financing.
Financing may be structured with an assumable CMBS loan. Owner financing is also available, which can provide additional flexibility for qualified buyers.
For prospective investors or owner-occupants seeking a medical office tenancy mix, this offering combines a sizeable medical footprint with current tenant presence and options for assumption or owner-backed financing.
Key Highlights
- 30,000 square feet medical office space
- Existing tenants include two medical groups and a title company
- Building signage available
Financial Insights For Healthcare Medical
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 | $810.0k | $27.00 |
| − Vacancy | −$85.1k | −$2.84 |
| EGI | $725.0k | $24.17 |
| − OpEx | −$290.0k | −$9.67 |
| NOI | $435.0k | $14.50 |
30,000 SF · lease $27.00/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$6.21M
$5.44M – $7.25M
NOI $434,970 @ 7.0% cap · market cap 5.80%
Second Best
Office B
$3.00M
$2.63M – $3.51M
NOI $210,330 @ 7.0% cap · market cap 2.80%
Theoretical Best
Office A
$8.78M
$7.68M – $10.24M
NOI $614,304 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
901
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 21114, MD
26,404
Population
9,675
Households
2.7
Avg Household Size
37
Median Age
60%
College-Educated
97%
High-School Grad
5.8 sq mi
ZIP Area
4,552
Density / Sq Mi
$136,250
Median Household Income
$75,568
Median Earnings
$2,128
Median Rent
$479,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Favre Equine Dentistry — 1534 Ellsworth Ave, Crofton, MD 21114
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Leased medical office space with building signage and existing tenants including two medical groups and a title company.
Where is this medical office space located?
The property is located at 1655 Crofton Blvd Crofton, MD.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: 30,000 square feet medical office space; Existing tenants include two medical groups and a title company; Building signage available
