Medical Office Suite with Conference
New
For Sale
$595,000
205-7230 Lee Deforest Dr, Columbia, MD 21046
A multi-office layout includes reception, open workspace, a kitchenette, and substantial storage.
Property Size2,110 SF
Price / SF$281.99
Days on Market5
Property Features for 205-7230 Lee Deforest Dr
General Information
Standard status
Active
Size
2,110 SF
Class
Class A
Elevators
Yes
Additional Details
Condition
Built-Out
Highway Access
Yes
Property Use
Medical Office
Taxes and HOA fees
Annual Taxes
$8,158
Building Details
Year Renovated
2017
Listing Agency:
Keller Williams Realty Centre
(410) 312-0000
Listed By:
Helen Jae Dellheim · License #MD 579141
(410) 258-4136
Source:
Exprealty
Added: Oct 27
Changed: Oct 30
Last Checked: Oct 30 at 2:59PM
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 Keller Williams Realty Centre
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 2,110 SF Class A medical office suite is located within an established commercial building. Its interior, built out in 2017, includes two executive offices, a third office, reception space, an open bullpen, a conference room, a copy area, extensive storage, and a kitchenette. The suite is directly across from the elevator.
The property offers access to I-95, MD Route 32, and U.S. Route 1, with Columbia business, retail, and service amenities nearby. The office configuration combines private rooms and shared work areas within one suite.
The property offers access to I-95, MD Route 32, and U.S. Route 1, with Columbia business, retail, and service amenities nearby. The office configuration combines private rooms and shared work areas within one suite.
Key Highlights
- 2,110 SF Class A medical office suite
- Interior build‑out completed in 2017
- Two executive offices plus one additional office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,811
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$676,220
$676.2K
Cap Rate 7%
$483,014
$483.0K
Cap Rate 9%
$375,678
$375.7K
Market Conditions
NOI Build-Up for 2,110 SF
Gross rent
$54.2K $25.68/SF
− Vacancy
−$9.1K −$4.31/SF
EGI
$45.1K $21.37/SF
− OpEx
−$11.3K −$5.34/SF
NOI
$33.8K $16.02/SF
Area
Columbia, MD
Vacancy
16.80%
Lease Rate
$25.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$676,220
Cap Rate 7%
$483,014
Cap Rate 9%
$375,678
Alternative Uses
Best Use
Office B
$483.0K
$422.6K – $563.5K
NOI $33,811 @ 7.0% cap · market cap 5.68%
Second Best
Healthcare Medical
$444.0K
$388.5K – $518.1K
NOI $31,083 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$670.8K
$587.0K – $782.6K
NOI $46,957 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
594
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 21046, MD
16,023
Population
6,361
Households
2.5
Avg Household Size
37
Median Age
62%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
2,054
Density / Sq Mi
$126,549
Median Household Income
$70,187
Median Earnings
$2,099
Median Rent
$469,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- PetWellClinic - Columbia — 6925 Oakland Mills Rd # G, Columbia, MD 21045
Frequently Asked Questions
What type of property is this?
Medical Office Space - A multi-office layout includes reception, open workspace, a kitchenette, and substantial storage.
Where is this medical office space located?
The property is located at 205-7230 Lee Deforest Dr Columbia, MD.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 2,110 SF Class A medical office suite; Interior build‑out completed in 2017; Two executive offices plus one additional office
