Two-Level Office
For Sale
$200,000
2411 CROFTON Lane, Crofton, MD 21114
Commercial Sale, CROFTON, MD
Property Size1,713 SF
Price / SF$116.75
Days on Market67
Property Features for 2411 CROFTON Lane
General Information
Property type
Other
Property subtype
Office
Parking
2
Parking features
Assigned, Parking Lot
Subdivision
CHELSEA HOUSE
Elementary school
CROFTON
Middle school
CROFTON
High school
ARUNDEL
Elementary school district
ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
Middle school district
ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
High school district
ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
Standard status
Active
Additional Details
Property Use
Office
Condition
Needs Renovation
Taxes and HOA fees
Tax Annual Amount
0
Utilities
Heating system
Baseboard, Electric (Heating)
Cooling system
Central Air
Building Details
Year built
1980
Number of units
2
Building materials
Brick
Listing Agency:
ExecuHome Realty
(443) 757-3400
Listed By:
Martin Tippet · License #637002
(888) 801-1123
Added: Aug 19
Changed: Oct 24
Last Checked: Oct 24 at 11:06PM
MLS# MDAA2153004
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.
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Investment Insights
Based on property information with market context.
This office condominium spans approximately 1,713 square feet across two levels, connected by an interior stair. Its existing arrangement includes multiple private offices, reception and waiting areas, storage rooms, two bathrooms, and an electrical room. Separate electrical metering serves the upper and lower floors. The building dates to 1980 and has brick construction, baseboard electric heating, and central air conditioning. The sale is as-is.
Located in Crofton, the property has shared surface parking with assigned spaces and access to Route 3 and Route 50. The zoning is C2 commercial office. Permitted use remains subject to applicable zoning, condominium requirements, and approvals.
Located in Crofton, the property has shared surface parking with assigned spaces and access to Route 3 and Route 50. The zoning is C2 commercial office. Permitted use remains subject to applicable zoning, condominium requirements, and approvals.
Key Highlights
- Approximately 1,713 square feet across two levels
- C2 commercial office zoning
- Multiple private offices, reception and waiting areas, storage rooms, and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,010
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,200
$240.2K
Cap Rate 7%
$171,571
$171.6K
Cap Rate 9%
$133,444
$133.4K
Market Conditions
NOI Build-Up for 1,713 SF
Gross rent
$19.5K $11.40/SF
− Vacancy
−$3.5K −$2.05/SF
EGI
$16.0K $9.35/SF
− OpEx
−$4.0K −$2.34/SF
NOI
$12.0K $7.01/SF
Area
Anne Arundel 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%
$240,200
Cap Rate 7%
$171,571
Cap Rate 9%
$133,444
Alternative Uses
Best Use
Office B
$171.6K
$150.1K – $200.2K
NOI $12,010 @ 7.0% cap · market cap 6.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$501.1K
$438.5K – $584.6K
NOI $35,077 @ 7.0% cap · market cap 17.54%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
961
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The two-floor layout includes private offices, reception and waiting areas, storage, and two bathrooms.
Where is this office unit located?
The property is located at 2411 CROFTON Lane Crofton, MD.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Approximately 1,713 square feet across two levels; C2 commercial office zoning; Multiple private offices, reception and waiting areas, storage rooms, and two bathrooms
