Professional Office Unit with
For Sale
$370,000
202-8174 Lark Brown Rd, Elkridge, MD 21075
Well-maintained office space with convenient regional access and ample parking, offered with furniture by negotiation.
Property Size2,000 SF
Price / SF$185
Days on Market512
Property Features for 202-8174 Lark Brown Rd
General Information
Standard status
Active
Size
2,000 SF
Additional Details
Business Included
Yes
Highway Access
Yes
Listing Agency:
RE/MAX Advantage Realty
(443) 904-4111
Listed By:
Chris Traczyk · License #623551
(443) 904-4111
Source:
Exprealty
Added: Mar 5, 2025
Changed: Jul 10
Last Checked: Jul 29 at 5:11PM
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 RE/MAX Advantage Realty
Investment Insights
Based on property information with market context.
This meticulously maintained professional office unit offers approximately 2,000 square feet of workable space designed for day-to-day business use. The property is being offered for sale with an option to make an offer on the office furniture, which may help reduce near-term setup time for a qualified buyer or operator.
Located in Elkridge in Howard County, the unit sits adjacent to Gateway Overlook, a regional shopping destination anchored by Costco, Trader Joe’s, Lowes, and Aldi. The address is at the intersection of MD 108 and MD 175, with easy access to I-95 for north/south travel between Washington, DC, and Baltimore, as well as Route 100 for east/west connectivity to Columbia, NSA/Fort Meade, Montgomery County, and BWI Thurgood Marshall Airport.
For prospective tenants, buyers, or owner-operators, this property’s professional office configuration and emphasis on convenient access and parking support practical use for teams that need an easy commute for clients and staff. The nearby retail anchors and established shopping environment further complement an office setting where visibility and accessibility matter.
Located in Elkridge in Howard County, the unit sits adjacent to Gateway Overlook, a regional shopping destination anchored by Costco, Trader Joe’s, Lowes, and Aldi. The address is at the intersection of MD 108 and MD 175, with easy access to I-95 for north/south travel between Washington, DC, and Baltimore, as well as Route 100 for east/west connectivity to Columbia, NSA/Fort Meade, Montgomery County, and BWI Thurgood Marshall Airport.
For prospective tenants, buyers, or owner-operators, this property’s professional office configuration and emphasis on convenient access and parking support practical use for teams that need an easy commute for clients and staff. The nearby retail anchors and established shopping environment further complement an office setting where visibility and accessibility matter.
Key Highlights
- Approximately 2,000 SF of professional office space in Elkridge, Howard County
- Located at the intersection of MD 108 and MD 175
- Easy access to I‑95 with convenient north/south routes to Washington, DC, and Baltimore
Financial Insights For Office B
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 | $22.8k | $11.40 |
| − Vacancy | −$4.1k | −$2.05 |
| EGI | $18.7k | $9.35 |
| − OpEx | −$4.7k | −$2.34 |
| NOI | $14.0k | $7.01 |
2,000 SF · lease $11.40/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$200.3K
$175.3K – $233.7K
NOI $14,022 @ 7.0% cap · market cap 3.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$741.7K
$649.0K – $865.3K
NOI $51,919 @ 7.0% cap · market cap 14.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
569
Businesses Nearby
Explore this area
Business Placement
Demographics for 21075, MD
35,900
Population
13,191
Households
2.7
Avg Household Size
34
Median Age
58%
College-Educated
94%
High-School Grad
13.9 sq mi
ZIP Area
2,583
Density / Sq Mi
$133,321
Median Household Income
$69,892
Median Earnings
$2,108
Median Rent
$439,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Well-maintained office space with convenient regional access and ample parking, offered with furniture by negotiation.
Where is this office units located?
The property is located at 202-8174 Lark Brown Rd Elkridge, MD.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Approximately 2,000 SF of professional office space in Elkridge, Howard County; Located at the intersection of MD 108 and MD 175; Easy access to I‑95 with convenient north/south routes to Washington, DC, and Baltimore
