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    720 MAIDEN CHOICE Lane Baltimore, MD 21229

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    New
    For Sale
    $775,000

    Commercial Sale - BALTIMORE, MD

    Type:Office
    Property size:
    5,000 SF
    Price / SF:
    $155/SF
    Added:
    May 8, 2026
    Days on Market:
    1
    Last Refresh:
    May 8 at 3:06 pm

    Property Features for 720 MAIDEN CHOICE Lane

    General Information

    Property type
    Other
    Property subtype
    Office
    Parking features
    Parking Lot
    Standard status
    Active
    Size
    5,000 SF

    Taxes and HOA fees

    Tax Annual Amount
    7495

    Utilities

    Heating system
    Zoned, Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1957
    Number of units
    1
    Building materials
    Brick

    We can help!

    Listing Contact
    Robert J Lucido

    Listing agent Robert J Lucido License #4037

    Listing office Keller Williams Lucido Agency 9251 Baltimore National Pike unit: D, Ellicott City, MD

    Listing date May 8, 2026

    MLS# MDBC2161392

    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.

    HighLights

    • Income‑producing medical/dental office space in desirable Catonsville location.
    • Approximately 5,000 sq ft of flexible workspace adaptable for various professional uses.
    • Convenient location near Frederick Road with easy access to I‑695 and Baltimore City.
    • Ample parking for employees and clients.
    • Well‑maintained property with welcoming lobby, multiple kitchenette areas, and dedicated break room.
    • Abundant windows providing ample natural light.

    Overview

    Medical/Dental Office Condo For Sale

    This lower-level commercial condominium features a brick front and offers approximately 5,000 square feet of existing income-producing medical and dental office space. Located in the Wilton Springs area of Catonsville, the well-maintained property presents an investment opportunity with established professional use and flexible workspace. The welcoming lobby includes built-in desk areas and window cutouts. A central hallway with dual water fountains leads to spacious open work areas, private offices, storage and filing spaces, and flexible-use rooms with bay architecture. The layout is adaptable for medical, dental, or other professional office uses. Additional features include two bathrooms, multiple kitchenette areas with cabinets and sinks, and a dedicated break room. The interior is enhanced by chair railing, lower wainscoting, vintage-inspired finishes and wallpaper accents, soft light blue tones, and abundant windows that provide natural light. The property is surrounded by landscaping and offers parking for employees and clients. It is situated near Frederick Road with access to I-695, Baltimore City, and surrounding commuter routes, combining accessibility, visibility, and long-term investment potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Nicholas J. ... Dental Office Dr. Yelena A. Lipnik, ... Physician Advanced Hearing Group Physician Machiran Lipnik Physician Chesapeake Urology Associates Medical Clinic

    Suggested Use

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

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

    Similar Places Nearby

    • Paradise Animal Hospital — 6350 Frederick Rd, Catonsville, MD 21228
    • Dr. Nancy Auclair — 6350 Frederick Rd, Catonsville, MD 21228
    • Paradise Animal Hospital: Wareham Dan DVM — 6350 Frederick Rd # 3, Catonsville, MD 21228
    • Paradise Animal Hospital: Tinaoff Lisa DVM — 6350 Frederick Rd # 3, Catonsville, MD 21228
    • Banish Linda DVM — 6350 Frederick Rd, Catonsville, MD 21228

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.69455
    Latitude
    39.26099

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    FAQs

    What type of property is this?
    Medical Office Space - Income-producing medical/dental office space in Catonsville's Wilton Springs.
    Where is this medical office space located?
    The property is located at 720 MAIDEN CHOICE Lane Baltimore, MD.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: Income‑producing medical/dental office space in desirable Catonsville location.; Approximately 5,000 sq ft of flexible workspace adaptable for various professional uses.; Convenient location near Frederick Road with easy access to I‑695 and Baltimore City.
    (410) 465-6900
    We can help!
    Listing Contact
    Robert J Lucido
    Real Estate License ID: 4037
    Learn More
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    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
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