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Mixed-Use Property with Office Layout

316 N PULASKI HIGHWAY, Aberdeen, MD 21001

For Sale
New
$299,900

Office configuration includes a reception area, kitchen, meeting rooms, and dedicated office space.

Property Size1,664 SF
Price / SF$180.23
Days on Market5

Property Features for 316 N PULASKI HIGHWAY

General Information

Standard status Active
Size 1,664 SF
Property subtype Commercial
Zoning M-1

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes
Utilities to Site Yes

Additional Details

Property Use Office

Building Details

Year Built 1949
Listing Agency: Cummings & Co. Realtors
Listed By: Shari L Hodges · License MD #34941
Source: Cummingsrealtors
Added: Nov 10 Changed: Nov 12 Last Checked: Nov 12 at 2:29PM

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 Cummings & Co. Realtors

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Investment Insights

Based on property information with market context.

This 1,664-square-foot mixed-use property was built in 1949 and is currently configured for office use. The interior includes a reception area, kitchen, three bedrooms or meeting rooms, dedicated office space, updated bathrooms, and a partially finished basement. M-1 (Light Industrial) zoning applies. Public water and sewer serve the property; heating is gas, with two window air-conditioning units. A 24-by-14-foot garage has a side entrance and roof decking and shingles installed in 2026. The site also has a driveway, parking area, and deep backyard extending beyond the rear fence.

Located within Aberdeen town limits along Route 40, the property has access to a county road off Beards Hill Road at the rear. I-95, Aberdeen Proving Ground, and the MARC train station are accessible nearby; the station is 1.2 miles away. The property is offered as-is. Buyers should verify zoning, allowed uses, lot boundaries, and county road access.

Key Highlights

  • 1,664 SF mixed‑use property with an office layout
  • M‑1 (Light Industrial) zoning
  • Reception area, kitchen, three bedrooms or meeting rooms, and dedicated office space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,830
Cap Rate
7.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,600 $476.6K
Cap Rate 7%
$340,429 $340.4K
Cap Rate 9%
$264,778 $264.8K
Market Conditions
NOI Build-Up for 1,664 SF
Gross rent
$40.7K $24.48/SF
− Vacancy
−$9.0K −$5.39/SF
EGI
$31.8K $19.09/SF
− OpEx
−$7.9K −$4.77/SF
NOI
$23.8K $14.32/SF
Area
Harford County, MD
Vacancy
22.00%
Lease Rate
$24.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,600
Cap Rate 7%
$340,429
Cap Rate 9%
$264,778

Alternative Uses

Best Use
Office B
$340.4K
$297.9K – $397.2K (±1% cap)
NOI $23,830 @ 7.0% cap · market cap 7.95%
Second Best
Mixed Use
$240.7K
$210.6K – $280.8K (±1% cap)
NOI $16,848 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$585.5K
$512.3K – $683.1K (±1% cap)
NOI $40,985 @ 7.0% cap · market cap 13.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Plumbing Service Auto Parts Store (Bike/Boat/Book/etc) Store Garden Center

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

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

21
Businesses Nearby

Demographics for 21001, MD

25,714
Population
11,010
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
30.0 sq mi
ZIP Area
857
Density / Sq Mi
$81,778
Median Household Income
$49,765
Median Earnings
$1,391
Median Rent
$267,400
Median Home Value

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Office configuration includes a reception area, kitchen, meeting rooms, and dedicated office space.
Where is this mixed-use property located?
The property is located at 316 N PULASKI HIGHWAY Aberdeen, MD.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1,664 SF mixed‑use property with an office layout; M‑1 (Light Industrial) zoning; Reception area, kitchen, three bedrooms or meeting rooms, and dedicated office space
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