Three-Story Office
For Sale
$895,000
300 Allegheny, Towson, MD 21204
Three-story office building with private offices, reception areas, conference room, and 12 on-site parking spaces.
Property Size4,378 SF
Price / SF$204.43
Days on Market140
Property Features for 300 Allegheny
General Information
Standard status
Active
Size
4,378 SF
Total Parking Spaces
12
Amenities
conference room
reception areas
kitchenette
Building Details
Year Built
1913
Stories
3
Listing Agency:
Realty One Group Performance, LLC
Listed By:
Alexis Wise · License #05646689
(301) 537-2271
Source:
Kableteam
Added: Jun 4
Changed: Oct 13
Last Checked: Oct 5 at 11:20PM
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 Realty One Group Performance, LLC
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Investment Insights
Based on property information with market context.
Now available for sale is a well-maintained three-story office building on a highly visible, high-traffic street in Towson, Maryland. The flexible layout includes 12 private offices, two reception areas, and a dedicated conference room, supported by a kitchenette, multiple storage areas, two half bathrooms, and one full bathroom across all three levels.
The property includes 12 on-site parking spaces for employee and client convenience. It is surrounded by restaurants, retail, financial institutions, and public transportation, supporting easy accessibility in an established business district.
Seller financing is available for qualified buyers.
The property includes 12 on-site parking spaces for employee and client convenience. It is surrounded by restaurants, retail, financial institutions, and public transportation, supporting easy accessibility in an established business district.
Seller financing is available for qualified buyers.
Key Highlights
- Well‑maintained three‑story office building built in 1913 in Towson, MD
- Flexible layout with 12 private offices, two reception areas, and a dedicated conference room
- Includes kitchenette, multiple storage areas, two half bathrooms, and one full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,694
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$613,880
$613.9K
Cap Rate 7%
$438,486
$438.5K
Cap Rate 9%
$341,044
$341.0K
Market Conditions
NOI Build-Up for 4,378 SF
Gross rent
$49.9K $11.40/SF
− Vacancy
−$9.0K −$2.05/SF
EGI
$40.9K $9.35/SF
− OpEx
−$10.2K −$2.34/SF
NOI
$30.7K $7.01/SF
Area
Baltimore 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%
$613,880
Cap Rate 7%
$438,486
Cap Rate 9%
$341,044
Alternative Uses
Best Use
Office B
$438.5K
$383.7K – $511.6K
NOI $30,694 @ 7.0% cap · market cap 3.43%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$42.48M
$37.17M – $49.55M
NOI $2,973,265 @ 7.0% cap · market cap 332.21%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
3,757
Businesses Nearby
Explore this area
Business Placement
Demographics for 21204, MD
20,967
Population
9,529
Households
2.2
Avg Household Size
36
Median Age
73%
College-Educated
96%
High-School Grad
6.3 sq mi
ZIP Area
3,328
Density / Sq Mi
$98,452
Median Household Income
$53,889
Median Earnings
$1,894
Median Rent
$571,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Three-story office building with private offices, reception areas, conference room, and 12 on-site parking spaces.
Where is this office building located?
The property is located at 300 Allegheny Towson, MD.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Well‑maintained three‑story office building built in 1913 in Towson, MD; Flexible layout with 12 private offices, two reception areas, and a dedicated conference room; Includes kitchenette, multiple storage areas, two half bathrooms, and one full bathroom
