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Medical Office with Exam Rooms
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295 Stoner Ave, Westminster, MD 21157

Built-in sink plumbing, prepared exam rooms, and central HVAC support a healthcare-oriented layout.

Property Size3,304 SF
Price / SF$199.76
Days on Market7

Property Features for 295 Stoner Ave

General Information

Standard status Active
Size 3,304 SF
Property subtype OFFICE
Listing Agency: KLNB - Columbia
Listed By: Austin Eber
Source: Moodyscre
Added: Sep 29 Changed: Oct 1 Last Checked: Oct 4 at 6:34AM

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 KLNB - Columbia

Investment Insights

Based on property information with market context.

This 3,304-square-foot medical office at 295 Stoner Ave in Westminster includes exam rooms prepared for use and plumbing in place for sinks. Natural light and central HVAC serve the space.

Key Highlights

  • 3,304 square feet of medical office space
  • Exam rooms prepared for use
  • Built‑in plumbing for sinks

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,989
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$799,780 $799.8K
Cap Rate 7%
$571,271 $571.3K
Cap Rate 9%
$444,322 $444.3K
Market Conditions
NOI Build-Up for 3,304 SF
Gross rent
$81.3K $24.60/SF
− Vacancy
−$14.6K −$4.43/SF
EGI
$66.6K $20.17/SF
− OpEx
−$26.7K −$8.07/SF
NOI
$40.0K $12.10/SF
Area
Carroll County, MD
Vacancy
18.00%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$799,780
Cap Rate 7%
$571,271
Cap Rate 9%
$444,322

Alternative Uses

Best Use
Healthcare Medical
$571.3K
$499.9K – $666.5K (±1% cap)
NOI $39,989 @ 7.0% cap · market cap 6.06%
Second Best
Office B
$330.9K
$289.6K – $386.1K (±1% cap)
NOI $23,164 @ 7.0% cap · market cap 3.51%
Theoretical Best
Office A
$1.23M
$1.07M – $1.43M (±1% cap)
NOI $85,771 @ 7.0% cap · market cap 13.00%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Woodholme Gastroenterology Associates, ... Physician Dr. Sarva P. ... Physician Miller Marilyn MD Physician Yasir M. Mir, ... Physician Dr. Khalil A. Freiji, ... Physician

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Home Appliance Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,236
Businesses Nearby
Under-served
Demand for This Use

Demographics for 21157, MD

38,584
Population
15,466
Households
2.5
Avg Household Size
42
Median Age
37%
College-Educated
93%
High-School Grad
77.7 sq mi
ZIP Area
497
Density / Sq Mi
$102,835
Median Household Income
$50,254
Median Earnings
$1,236
Median Rent
$394,100
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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Similar Off Market Nearby

  • Thomas Ryan DVM — 330 140 Village Rd, Westminster, MD 21157
  • Carroll County Veterinary Clinic — 334 Gorsuch Rd, Westminster, MD 21157

Frequently Asked Questions

What type of property is this?
Medical Office Space - Built-in sink plumbing, prepared exam rooms, and central HVAC support a healthcare-oriented layout.
Where is this medical office space located?
The property is located at 295 Stoner Ave Westminster, MD.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: 3,304 square feet of medical office space; Exam rooms prepared for use; Built‑in plumbing for sinks
(443) 791-8280 Call to check price and availability
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