Office Suite in Office
5405 Twin Knolls Rd NW Unit 2 Columbia, MD 21045
New
5405 Twin Knolls Rd NW Unit 2, Columbia, MD, 21045
$349,900
For Sale
$349,900
Versatile office suite with multiple private offices, a large meeting room, and a bathroom within an office park.
Property Size1,400 SF
Price / SF$249.93
Days on Market2
Property Features for 5405 Twin Knolls Rd NW Unit 2
General Information
- Standard status
- Active
- Size
- 1,400 SF
Building Details
- Year Built
- 1987
Listing agency
RE/MAX Distinctive Real Estate, Inc.
Listed by
David E Jimenez
Source
Kandorre
Added: Jul 21 Updated: Jul 22 at 9:28AM Checked: Jul 22 at 9:28AM
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 RE/MAX Distinctive Real Estate, Inc.
Investment Insights
Based on property information with market context.
This spacious and versatile office suite is located in The Clusters at Twin Knolls office park. The unit includes multiple private offices, a large conference or meeting room, and a bathroom, offering a practical layout for professional services.
The property is set in a private, wooded setting and is minutes from the heart of Columbia. It is also near The Mall in Columbia and Town Center, with access to major commuter routes including MARC Train, Light Rail, I-95, and I-83.
Annual CPRA fee is listed at $718.60, and monthly condo dues are listed at $278.
The property is set in a private, wooded setting and is minutes from the heart of Columbia. It is also near The Mall in Columbia and Town Center, with access to major commuter routes including MARC Train, Light Rail, I-95, and I-83.
Annual CPRA fee is listed at $718.60, and monthly condo dues are listed at $278.
Key Highlights
- Office suite in The Clusters at Twin Knolls office park built in 1987
- Multiple private offices plus a large conference/meeting room and a bathroom
- Private, wooded setting just minutes from the heart of Columbia
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 | $36.0k | $25.68 |
| − Vacancy | −$6.0k | −$4.31 |
| EGI | $29.9k | $21.37 |
| − OpEx | −$7.5k | −$5.34 |
| NOI | $22.4k | $16.02 |
1,400 SF · lease $25.68/SF/yr · vacancy 16.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$320.5K
$280.4K – $373.9K
NOI $22,434 @ 7.0% cap · market cap 6.41%
Second Best
Healthcare Medical
$294.6K
$257.8K – $343.7K
NOI $20,624 @ 7.0% cap · market cap 5.89%
Theoretical Best
Office A
$445.1K
$389.5K – $519.3K
NOI $31,157 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Jo M Glasco ...
Law Firm
Saunders & Schmieler Law ...
Law Firm
Linda Caroll Law ...
Law Firm
Chesapeake Geosciences, Inc.
Environmental Consultant
Believer's Tabernacle International ...
Association / Organization
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FAQs
What type of property is this?
Office units - Versatile office suite with multiple private offices, a large meeting room, and a bathroom within an office park.
Where is this office units located?
The property is located at 5405 Twin Knolls Rd NW Unit 2 Columbia, MD.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Office suite in The Clusters at Twin Knolls office park built in 1987; Multiple private offices plus a large conference/meeting room and a bathroom; Private, wooded setting just minutes from the heart of Columbia
