Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Office Building Near Baltimore Beltway Title is generated by Realmo AI

    6666 Security Blvd, Woodlawn, MD 21207

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office building in Woodlawn, MD, with high traffic exposure.

    Type:Office
    Added:
    Oct 21, 2023
    Days on Market:
    941
    Last Refresh:
    Mar 17 at 1:20 pm

    Property Features for 6666 Security Blvd

    General Information

    Standard status
    Active
    Property subtype
    Office

    Building Details

    Year Built
    1972

    Spaces For Lease

    at 6666 Security Blvd Contact us

    We can help!

    Listing Contact
    Jason Hughes

    Listing agent Jason Hughes License #MD

    Listing office Atlantic Realty Companies

    Listing date Oct 21, 2023

    Source Crexi

    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 Atlantic Realty Companies

    HighLights

    • Excellent location adjacent to I‑695 and I‑70.
    • High visibility with 30,000+ cars passing daily.
    • Located in the Woodlawn submarket of Baltimore County.
    • Proximity to the Social Security Administration.
    • Tenants praise the building's location.
    • Built in 1972.

    Overview

    This office building is located in the Woodlawn submarket of Baltimore County, adjacent to the Baltimore beltway (I-695) and Interstate 70. The location benefits from high visibility, with over 30,000 cars passing by daily on their way to the Social Security Administration. Current tenants appreciate the building's location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Woodlawn
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.7203
    Latitude
    39.3248

    Nearby Similar for Lease

    • Contact for pricing
      57,992 SF

      Rolling Run Drive Flex Space

      Flex space available for rent in Woodlawn, Maryland.
      2270 Rolling Run Dr, Woodlawn, MD
      View Details
    • Contact for pricing
      55,915 SF

      Rolling Run Flex/Industrial Space

      Flex/industrial space available for lease in Woodlawn, Maryland.
      2275 Rolling Run Dr, Woodlawn, MD
      View Details
    • $11 SF/Yr
      5,578 SF

      Renovated Office Building Near I-70

      Two-story, 41,746 SF office building with ample parking.
      1849 Gwynn Oak Ave, Woodlawn, MD
      View Details
    • Contact for pricing
      13,594 SF

      Office Space with Fitness Center

      Office space featuring a fitness center and conference room.
      3112 Lord Baltimore Dr, Woodlawn, MD
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease.
      1727 Rolling Rd, Woodlawn, MD 21244
      View Details
    • Contact for pricing

      Professional Building in Woodlawn District

      Office building in Woodlawn near Social Security Administration.
      6660 Security Blvd, Woodlawn, MD 21207
      View Details
    • Contact for pricing
      5,000 SF

      Industrial Space in Woodlawn, MD

      5,000 SF industrial property for lease in Woodlawn, MD.
      6741 Whitestone Rd, Woodlawn, MD
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in Woodlawn, Maryland.
      7005 Security Blvd, Woodlawn, MD 21244
      View Details

    FAQs

    What type of property is this?
    Office building - Office building in Woodlawn, MD, with high traffic exposure.
    Where is this office building located?
    The property is located at 6666 Security Blvd Woodlawn, MD.
    What are key features of this property?
    This property features: Excellent location adjacent to I‑695 and I‑70.; High visibility with 30,000+ cars passing daily.; Located in the Woodlawn submarket of Baltimore County.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jason Hughes
    Real Estate License ID: MD
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6666 Security Blvd, Woodlawn, MD 21207
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!