Shared Office
3207 CORPORATE COURT #4-A, Ellicott City, MD 21042
For Sale
New
Contact for pricing
Interior finishes include LVP flooring, natural light, and a half bathroom.
Property Size1,207 SF
Price / SF$0.64
Days on Market4
Property Features for 3207 CORPORATE COURT #4-A
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Additional Details
Property Use
Amenities
LVP floors
abundant natural light
one-half bathroom
Building Details
Year Built
Listing Agency:
Samson Properties
(301) 854-2155
Listed By:
John M Burgess · License #506800
(202) 369-1355
Source:
Cummingsrealtors
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 5:11PM
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 Samson Properties
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 1,207-square-foot office unit is configured as shared office space. LVP flooring, natural light, and a half bathroom are among its interior features. The building dates to 1987.
Key Highlights
- 1,207‑square‑foot shared office unit
- LVP flooring and natural light
- One‑half bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,462
Suggested Prices Based on Cap Rates
Cap Rate 5%
$169,240
$169.2K
Cap Rate 7%
$120,886
$120.9K
Cap Rate 9%
$94,022
$94.0K
Market Conditions
NOI Build-Up for 1,207 SF
Gross rent
$13.8K $11.40/SF
− Vacancy
−$2.5K −$2.05/SF
EGI
$11.3K $9.35/SF
− OpEx
−$2.8K −$2.34/SF
NOI
$8.5K $7.01/SF
Area
Howard 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%
$169,240
Cap Rate 7%
$120,886
Cap Rate 9%
$94,022
Alternative Uses
Best Use
Office B
$120.9K
$105.8K – $141.0K
NOI $8,462 @ 7.0% cap · market cap 1,091.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$447.6K
$391.7K – $522.2K
NOI $31,333 @ 7.0% cap · market cap 4,042.97%
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
848
Businesses Nearby
Explore this area
Business Placement
Demographics for 21042, MD
43,147
Population
15,269
Households
2.8
Avg Household Size
43
Median Age
75%
College-Educated
98%
High-School Grad
37.0 sq mi
ZIP Area
1,166
Density / Sq Mi
$190,504
Median Household Income
$94,089
Median Earnings
$2,253
Median Rent
$674,700
Median Home Value
Market
Average Price Trend$/SF for Office Units in Howard County, MD
Properties on Market for Office Units in Howard County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Interior finishes include LVP flooring, natural light, and a half bathroom.
Where is this office unit located?
The property is located at 3207 CORPORATE COURT #4-A Ellicott City, MD.
What are key features of this property?
This property features: 1,207‑square‑foot shared office unit; LVP flooring and natural light; One‑half bathroom
