One-Story Commercial Office
422 Crain Hwy S Glen Burnie, MD 21061
422 Crain Hwy S, Glen Burnie, MD, 21061
$1,500,000
For Sale
$1,500,000
One-story corner building with ample parking and updated roof, HVAC, and hot water system.
Property Size3,500 SF
Price / SF$428.57
Days on Market37
Property Features for 422 Crain Hwy S
General Information
- Standard status
- Active
- Size
- 3,500 SF
Listing agency
HSA Real Estate Group, INC
(410) 647-8506
Listed by
Gayle Anne Roberts · License #531583
(410) 647-8506
Source
Exprealty
Added: Jun 16 Updated: Jul 22 at 9:27AM Checked: Jul 22 at 9:27AM
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 HSA Real Estate Group, INC
Investment Insights
Based on property information with market context.
This well-maintained one-story commercial building totals 3,500± square feet and is laid out with large hallways and expansive rooms throughout. The property includes three restrooms, attractive landscaped grounds, and a detached two-car garage with additional storage space, supporting a flexible interior configuration for a variety of professional and specialty uses.
Located on a prominent corner lot at 422 Crain Hwy S in Glen Burnie, MD, the building is positioned for strong visibility and convenient access, with over 30 on-site parking spaces available for staff and visitors. Recent capital improvements include a new roof installed in 2002, a new gas hot water system added in 2017, and a new HVAC system installed in 2018.
The flexible layout has been presented as suitable for medical or dental offices, professional offices, wellness or spa uses, counseling or therapy, adult day care or senior services, community center and educational uses, and specialty healthcare services, along with other office, event, and meeting-oriented applications.
Located on a prominent corner lot at 422 Crain Hwy S in Glen Burnie, MD, the building is positioned for strong visibility and convenient access, with over 30 on-site parking spaces available for staff and visitors. Recent capital improvements include a new roof installed in 2002, a new gas hot water system added in 2017, and a new HVAC system installed in 2018.
The flexible layout has been presented as suitable for medical or dental offices, professional offices, wellness or spa uses, counseling or therapy, adult day care or senior services, community center and educational uses, and specialty healthcare services, along with other office, event, and meeting-oriented applications.
Key Highlights
- 3,500± SF one‑story commercial building on a prominent corner lot with strong visibility and access
- Over 30 on‑site parking spaces plus detached two‑car garage with additional storage
- Recent capital improvements: new roof (2002), new gas hot water system (2017), new HVAC system (2018)
Local Financial Insights For Healthcare Medical
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 | $94.5k | $27.00 |
| − Vacancy | −$9.9k | −$2.84 |
| EGI | $84.6k | $24.17 |
| − OpEx | −$33.8k | −$9.67 |
| NOI | $50.7k | $14.50 |
3,500 SF · lease $27.00/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$725.0K
$634.3K – $845.8K
NOI $50,747 @ 7.0% cap · market cap 3.38%
Second Best
Office B
$350.6K
$306.7K – $409.0K
NOI $24,539 @ 7.0% cap · market cap 1.64%
Theoretical Best
Office A
$1.02M
$895.9K – $1.19M
NOI $71,669 @ 7.0% cap · market cap 4.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - One-story corner building with ample parking and updated roof, HVAC, and hot water system.
Where is this office building located?
The property is located at 422 Crain Hwy S Glen Burnie, MD.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 3,500± SF one‑story commercial building on a prominent corner lot with strong visibility and access; Over 30 on‑site parking spaces plus detached two‑car garage with additional storage; Recent capital improvements: new roof (2002), new gas hot water system (2017), new HVAC system (2018)
