Medical Office
6310 STEVENS FOREST ROAD, Columbia, MD 21046
For Sale
New
$4,300,000
Central air, forced-air heating, and a parking lot serve the medical office property.
Property Size15,025 SF
Days on Market7
Property Features for 6310 STEVENS FOREST ROAD
General Information
Standard status
Size
Total Parking Spaces
Zoning
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Amenities
Accessible Elevator Installed
Central Air, Electric
Electric, Forced Air
Electric Water Heater
Parking Lot
Building Details
Building Size
Year Built
Listing Agency:
Rise Real Estate, LLC
Listed By:
Christina L Eury
(202) 556-9721
Source:
Evrealestate
Added: Nov 1
Changed: Nov 4
Last Checked: Nov 6 at 9:39AM
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 Rise Real Estate, LLC
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Investment Insights
Based on property information with market context.
Medical office space built in 1985 includes central air, electric forced-air heating, and an electric water heater. A parking lot serves the property, and the zoning designation is NT.
The property is at 6310 Stevens Forest Road in Columbia, Maryland. Access from US-29 is via Broken Land Parkway and Stevens Forest Road.
The property is at 6310 Stevens Forest Road in Columbia, Maryland. Access from US-29 is via Broken Land Parkway and Stevens Forest Road.
Key Highlights
- Medical office space built in 1985
- NT zoning
- Central air conditioning and electric forced‑air heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$240,765
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,815,300
$4.8M
Cap Rate 7%
$3,439,500
$3.4M
Cap Rate 9%
$2,675,167
$2.7M
Market Conditions
NOI Build-Up for 15,025 SF
Gross rent
$385.8K $25.68/SF
− Vacancy
−$64.8K −$4.31/SF
EGI
$321.0K $21.37/SF
− OpEx
−$80.3K −$5.34/SF
NOI
$240.8K $16.02/SF
Area
Columbia, MD
Vacancy
16.80%
Lease Rate
$25.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,815,300
Cap Rate 7%
$3,439,500
Cap Rate 9%
$2,675,167
Alternative Uses
Best Use
Office B
$3.44M
$3.01M – $4.01M
NOI $240,765 @ 7.0% cap · market cap 5.60%
Second Best
Healthcare Medical
$3.16M
$2.77M – $3.69M
NOI $221,336 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$4.78M
$4.18M – $5.57M
NOI $334,377 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
466
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 21046, MD
16,023
Population
6,361
Households
2.5
Avg Household Size
37
Median Age
62%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
2,054
Density / Sq Mi
$126,549
Median Household Income
$70,187
Median Earnings
$2,099
Median Rent
$469,000
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Central air, forced-air heating, and a parking lot serve the medical office property.
Where is this medical office space located?
The property is located at 6310 STEVENS FOREST ROAD Columbia, MD.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: Medical office space built in 1985; NT zoning; Central air conditioning and electric forced‑air heating
