Six-Bedroom Assisted Living
4949 Middleburg Rd, Taneytown, MD 21787
For Sale
$1,200,000
Established residential-care property in a rural setting with access to surrounding communities and regional services.
Property Size4,800 SF
Days on Market96
Property Features for 4949 Middleburg Rd
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Year Built
Listing Agency:
Lee & Associates | Columbia
Listed By:
Mark Mueller
(443) 286-9063
Source:
Lee-associates
Added: Aug 8
Changed: Nov 10
Last Checked: Nov 10 at 7:04AM
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 Lee & Associates | Columbia
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Investment Insights
Based on property information with market context.
Located at 4949 Middleburg Rd in Taneytown, Maryland, this assisted living facility includes six bedrooms and 3.5 bathrooms. The property is configured for residential care services within a home-style setting and has an established assisted living use.
Built in 1925, the facility occupies a rural location while retaining access to surrounding communities and services throughout the region. Its existing care-oriented configuration supports continued use as an assisted living property.
Built in 1925, the facility occupies a rural location while retaining access to surrounding communities and services throughout the region. Its existing care-oriented configuration supports continued use as an assisted living property.
Key Highlights
- Six‑bedroom assisted living facility
- 3.5 bathrooms
- Established assisted living use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,888
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,077,760
$1.1M
Cap Rate 7%
$769,829
$769.8K
Cap Rate 9%
$598,756
$598.8K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$103.7K $21.60/SF
− Vacancy
−$5.7K −$1.19/SF
EGI
$98.0K $20.41/SF
− OpEx
−$44.1K −$9.19/SF
NOI
$53.9K $11.23/SF
Area
Carroll County, MD
Vacancy
5.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,077,760
Cap Rate 7%
$769,829
Cap Rate 9%
$598,756
Alternative Uses
Best Use
Apartment 5plus
$769.8K
$673.6K – $898.1K
NOI $53,888 @ 7.0% cap · market cap 4.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.78M
$1.56M – $2.08M
NOI $124,606 @ 7.0% cap · market cap 10.38%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 21787, MD
11,066
Population
4,429
Households
2.5
Avg Household Size
42
Median Age
19%
College-Educated
93%
High-School Grad
61.1 sq mi
ZIP Area
181
Density / Sq Mi
$88,212
Median Household Income
$48,026
Median Earnings
$870
Median Rent
$344,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Assisted living facility - Established residential-care property in a rural setting with access to surrounding communities and regional services.
Where is this assisted living facility located?
The property is located at 4949 Middleburg Rd Taneytown, MD.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Six‑bedroom assisted living facility; 3.5 bathrooms; Established assisted living use
