Office Suite with Conference
New
For Sale
Contact for pricing
200 N PHILADELPHIA BOULEVARD #C, Aberdeen, MD 21001
The layout includes private offices, cubicles, a lobby, classroom, kitchen, and separate men's and women's restrooms.
Property Size17,977 SF
Price / SF$0.28
Days on Market5
Property Features for 200 N PHILADELPHIA BOULEVARD #C
General Information
Standard status
Active
Size
17,977 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Public Transit
Yes
Building Details
Year Built
1942
Listing Agency:
CENTURY 21 New Millennium
(410) 272-4800
Listed By:
Alex W Murphy · License #462004511
(443) 417-4197
Source:
Cummingsrealtors
Added: Oct 21
Changed: Oct 25
Last Checked: Oct 24 at 6:06PM
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 CENTURY 21 New Millennium
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.
Office space in Aberdeen is arranged with multiple private offices and cubicle areas, two conference rooms, a lobby, and a classroom. A kitchen and two sets of men's and women's restrooms are also part of the interior. The property was built in 1942.
A bus stop is located on the property, and the Amtrak/MARC station is a few hundred yards away. I-95, Aberdeen Proving Ground, and Upper Chesapeake Hospital are minutes away. The site has a large parking lot, and signage is available on the Rt. 40 marquee.
A bus stop is located on the property, and the Amtrak/MARC station is a few hundred yards away. I-95, Aberdeen Proving Ground, and Upper Chesapeake Hospital are minutes away. The site has a large parking lot, and signage is available on the Rt. 40 marquee.
Key Highlights
- Two conference rooms, multiple offices, cubicles, lobby, and classroom
- Kitchen and two sets of men's and women's restrooms
- A few hundred yards from the Amtrak/MARC station
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$126,037
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,520,740
$2.5M
Cap Rate 7%
$1,800,529
$1.8M
Cap Rate 9%
$1,400,411
$1.4M
Market Conditions
NOI Build-Up for 17,977 SF
Gross rent
$204.9K $11.40/SF
− Vacancy
−$36.9K −$2.05/SF
EGI
$168.0K $9.35/SF
− OpEx
−$42.0K −$2.34/SF
NOI
$126.0K $7.01/SF
Area
Harford 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%
$2,520,740
Cap Rate 7%
$1,800,529
Cap Rate 9%
$1,400,411
Alternative Uses
Best Use
Healthcare Medical
$3.20M
$2.80M – $3.74M
NOI $224,175 @ 7.0% cap · market cap 4,483.50%
Second Best
Office B
$1.80M
$1.58M – $2.10M
NOI $126,037 @ 7.0% cap · market cap 2,520.74%
Theoretical Best
Office A
$6.33M
$5.53M – $7.38M
NOI $442,776 @ 7.0% cap · market cap 8,855.52%
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
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
683
Businesses Nearby
Explore this area
Business Placement
Demographics for 21001, MD
25,714
Population
11,010
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
30.0 sq mi
ZIP Area
857
Density / Sq Mi
$81,778
Median Household Income
$49,765
Median Earnings
$1,391
Median Rent
$267,400
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 unit - The layout includes private offices, cubicles, a lobby, classroom, kitchen, and separate men's and women's restrooms.
Where is this office unit located?
The property is located at 200 N PHILADELPHIA BOULEVARD #C Aberdeen, MD.
What are key features of this property?
This property features: Two conference rooms, multiple offices, cubicles, lobby, and classroom; Kitchen and two sets of men's and women's restrooms; A few hundred yards from the Amtrak/MARC station
