Office Suite with Exam
For Sale
$375,000
602 CENTER Street, Mount Airy, MD 21771
Commercial Sale, MOUNT AIRY, MD
Property Size1,794 SF
Price / SF$209.03
Days on Market8
Property Features for 602 CENTER Street
General Information
Property type
Other
Property subtype
Office
Parking
3
Parking features
Parking Lot
Elementary school district
CARROLL COUNTY PUBLIC SCHOOLS
Middle school district
CARROLL COUNTY PUBLIC SCHOOLS
High school district
CARROLL COUNTY PUBLIC SCHOOLS
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
4621
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
2004
Building materials
Brick
Listing Agency:
Keller Williams Realty
(302) 360-0300
Listed By:
JENNIFER HUGHES
(302) 858-6483
Added: Oct 15
Changed: Oct 21
Last Checked: Oct 22 at 2:06AM
MLS# MDCR2037664
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,794-square-foot office suite at 602 Center Street, Suite 209, is configured with a reception area, four exam rooms, three private offices, a file room, a staff lounge, and two restrooms. The building was constructed in 2004 with brick materials. The suite has forced-air heating and central air conditioning, along with street-level access and ADA-compliant features.
A parking lot serves the property. The Mt. Airy location offers access to I-70 and other regional routes. The floor plan combines exam and office rooms with dedicated reception, records, and staff spaces.
A parking lot serves the property. The Mt. Airy location offers access to I-70 and other regional routes. The floor plan combines exam and office rooms with dedicated reception, records, and staff spaces.
Key Highlights
- 1,794 SF office suite at 602 Center Street, Suite 209
- Four exam rooms and three private offices
- Reception area, file room, staff lounge, and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,870
Cap Rate
9.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$677,400
$677.4K
Cap Rate 7%
$483,857
$483.9K
Cap Rate 9%
$376,333
$376.3K
Market Conditions
NOI Build-Up for 1,794 SF
Gross rent
$62.9K $35.04/SF
− Vacancy
−$6.4K −$3.57/SF
EGI
$56.4K $31.47/SF
− OpEx
−$22.6K −$12.59/SF
NOI
$33.9K $18.88/SF
Area
Frederick County, MD
Vacancy
10.20%
Lease Rate
$35.04 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$677,400
Cap Rate 7%
$483,857
Cap Rate 9%
$376,333
Alternative Uses
Best Use
Healthcare Medical
$483.9K
$423.4K – $564.5K
NOI $33,870 @ 7.0% cap · market cap 9.03%
Second Best
Office B
$469.5K
$410.8K – $547.8K
NOI $32,867 @ 7.0% cap · market cap 8.76%
Theoretical Best
Specialty Retail
$664.8K
$581.7K – $775.6K
NOI $46,533 @ 7.0% cap · market cap 12.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
526
Businesses Nearby
Explore this area
Business Placement
Demographics for 21771, MD
30,697
Population
11,401
Households
2.7
Avg Household Size
43
Median Age
46%
College-Educated
95%
High-School Grad
89.5 sq mi
ZIP Area
343
Density / Sq Mi
$154,844
Median Household Income
$70,011
Median Earnings
$2,117
Median Rent
$532,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A street-level, ADA-compliant layout includes reception, clinical, private-office, and staff areas.
Where is this office unit located?
The property is located at 602 CENTER Street Mount Airy, MD.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,794 SF office suite at 602 Center Street, Suite 209; Four exam rooms and three private offices; Reception area, file room, staff lounge, and two restrooms
