Freestanding Office Building in Perry
3814 E Joppa Road Nottingham, MD 21236
3814 E Joppa Road, Nottingham, MD, 21236
$495,000
For Sale
$495,000
2,800 SF office building on 0.3 acres.
Property Size2,800 SF
Lot Size0.30 Acres
Price / SF$176.79
Days on Market111
Property Features for 3814 E Joppa Road
General Information
- Standard status
- Active
- Size
- 2,800 SF
- Lot size
- 0.30 Acres
- Property subtype
- Office
Listing agency
MacKenzie Commercial Real Estate - Corporate
(410) 494-4857
Listed by
Chris Walsh
(410) 494-4857
Source
Mackenziecommercial
Added: Apr 3 Updated: Jul 10 at 1:15PM Checked: Jul 21 at 3:00AM
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 MacKenzie Commercial Real Estate - Corporate
Investment Insights
Based on property information with market context.
The property at 3814 E. Joppa Road is a 2,800± SF freestanding office building situated on approximately 0.3 acres. It is located at a fully signalized intersection in Perry Hall. The property is zoned ROA (Residential Office), making it suitable for a variety of professional uses. It features a newly paved on-site parking lot. The building includes a finished lower-level office area with a full bathroom and a private exterior entrance. The location offers excellent accessibility to Route 1, I-695, and I-95. The surrounding area includes major retail and service destinations such as Perry Hall Crossing and Festival at Perry Hall, with nearby tenants including Aldi, Looney’s Pub, Goodwill, Weis Markets, and Mission BBQ.
Key Highlights
- Freestanding 2,800± SF office building at a fully signalized intersection.
- Newly paved on‑site parking lot.
- Finished lower‑level office with full bathroom and private exterior entrance.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.9k | $11.40 |
| − Vacancy | −$5.7k | −$2.05 |
| EGI | $26.2k | $9.35 |
| − OpEx | −$6.5k | −$2.34 |
| NOI | $19.6k | $7.01 |
2,800 SF · lease $11.40/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$280.4K
$245.4K – $327.2K
NOI $19,631 @ 7.0% cap · market cap 3.97%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$27.17M
$23.77M – $31.69M
NOI $1,901,586 @ 7.0% cap · market cap 384.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - 2,800 SF office building on 0.3 acres.
Where is this office building located?
The property is located at 3814 E Joppa Road Nottingham, MD.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Freestanding 2,800± SF office building at a fully signalized intersection.; Newly paved on‑site parking lot.; Finished lower‑level office with full bathroom and private exterior entrance.
