Renovated Building Near Green
For Sale
$995,000
5529 ADAMSTOWN ROAD, Adamstown, MD 21710
Versatile renovated building with ample parking and accessibility features.
Property Size3,000 SF
Lot Size0.92 Acres
Price / SF$331.67
Days on Market840
Property Features for 5529 ADAMSTOWN ROAD
General Information
Standard status
Active
Size
3,000 SF
Lot size
0.92 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1950
Listing Agency:
Monument Sotheby's International Realty
(443) 552-9815
Listed By:
Erin Kelly · License #004554
(443) 552-9815
Source:
Exitrealty
Added: Apr 16, 2024
Changed: Jul 6
Last Checked: Aug 1 at 9:47AM
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 Monument Sotheby's International Realty
Investment Insights
Based on property information with market context.
This renovated building, situated on almost an acre, is located near Carroll Manor Elementary School and the Green Hill Manor neighborhood. The property offers over 3,000 square feet of versatile space. The main floor includes four large rooms, a reception area, and three half-baths. The upper level is currently used as office space and storage. The lower level features two additional large rooms and a bathroom. The property also includes ample parking, accessibility ramps, a generator, and a secure fenced-in area. This property is suitable for a variety of activities.
Key Highlights
- Prime location near Carroll Manor Elementary School and Green Hill Manor neighborhood.
- Over 3,000 square feet of versatile, renovated space.
- Almost an acre lot with ample parking and a secure fenced‑in area.
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 | $92.9k | $30.96 |
| − Vacancy | −$19.6k | −$6.53 |
| EGI | $73.3k | $24.43 |
| − OpEx | −$18.3k | −$6.11 |
| NOI | $55.0k | $18.32 |
3,000 SF · lease $30.96/SF/yr · vacancy 21.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$785.2K
$687.0K – $916.0K
NOI $54,962 @ 7.0% cap · market cap 5.52%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.11M
$972.7K – $1.30M
NOI $77,815 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Explore this area
Business Placement
Demographics for 21710, MD
4,769
Population
1,748
Households
2.7
Avg Household Size
45
Median Age
53%
College-Educated
95%
High-School Grad
29.4 sq mi
ZIP Area
162
Density / Sq Mi
$164,727
Median Household Income
$72,650
Median Earnings
$2,391
Median Rent
$582,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Versatile renovated building with ample parking and accessibility features.
Where is this office units located?
The property is located at 5529 ADAMSTOWN ROAD Adamstown, MD.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Prime location near Carroll Manor Elementary School and Green Hill Manor neighborhood.; Over 3,000 square feet of versatile, renovated space.; Almost an acre lot with ample parking and a secure fenced‑in area.
