Renovated Office Building in
611 NURSERY Rd Westminster, MD 21157
For Sale
$599,500
Professional office space suitable for medical or commercial use.
Property Size3,000 SF
Price / SF$199.83
Days on Market95
Property Features for 611 NURSERY Rd
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Commercial
Building Details
Year Built
1966
Listing Agency:
RE/MAX Advantage Realty
(410) 871-2600
Listed By:
Bruce F D'Anthony · License #74350
(410) 871-2600
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 27 at 8:26AM
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 Advantage Realty
Investment Insights
Based on property information with market context.
This brick building offers an opportunity to own or lease office space in a fully renovated property. The building, with over 3000 square feet and a basement, features professionally built-out private offices, along with a conference or break room. The property is suitable for various uses, including medical practices, insurance companies, title companies, and real estate firms. A large parking area accommodates 15 cars or a couple of trucks. Disability access is available at the main entry. The paved parking lot was renovated in 2025. The property is located in the heart of Westminster. The walk score is 63, indicating it is somewhat walkable, and the bike score is 33, indicating it is somewhat bikeable. The transit score is 15, indicating minimal transit.
Key Highlights
- Fully renovated brick building in the heart of Westminster.
- Excellent, professional office space with private rooms and a conference/break room.
- Versatile property suitable for medical, insurance, title, real estate, and other professional uses.
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 | $34.2k | $11.40 |
| − Vacancy | −$6.2k | −$2.05 |
| EGI | $28.0k | $9.35 |
| − OpEx | −$7.0k | −$2.34 |
| NOI | $21.0k | $7.01 |
3,000 SF · lease $11.40/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$300.5K
$262.9K – $350.6K
NOI $21,033 @ 7.0% cap · market cap 3.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.11M
$973.5K – $1.30M
NOI $77,879 @ 7.0% cap · market cap 12.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Professional office space suitable for medical or commercial use.
Where is this office units located?
The property is located at 611 NURSERY Rd Westminster, MD.
What is the asking price?
The asking price for this property is $599,500.
What are key features of this property?
This property features: Fully renovated brick building in the heart of Westminster.; Excellent, professional office space with private rooms and a conference/break room.; Versatile property suitable for medical, insurance, title, real estate, and other professional uses.
