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Office Unit with Executive Offices
New
For Sale
$595,000

7230 LEE DEFOREST Drive, Columbia, MD 21046

Commercial Sale, COLUMBIA, MD

Property Size2,110 SF
Price / SF$281.99
Days on Market2

Property Features for 7230 LEE DEFOREST Drive

General Information

Property type Other
Property subtype Office
Parking 450
Parking features Assigned, Parking Lot
Elementary school district HOWARD COUNTY PUBLIC SCHOOL SYSTEM
Middle school district HOWARD COUNTY PUBLIC SCHOOL SYSTEM
High school district HOWARD COUNTY PUBLIC SCHOOL SYSTEM
Standard status Active

Additional Details

Property Use Office/Medical
Condition Built-Out

Taxes and HOA fees

Tax Annual Amount 8158

Utilities

Cooling system Central Air

Building Details

Year built 2006
Number of units 1
Building materials Brick
Listing Agency: Keller Williams Realty Centre
Listed By: Helen Jae Dellheim · License #579141
Added: Oct 27 Last Checked: Oct 28 at 7:06PM
MLS# MDHW2075772

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.

Rey
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Investment Insights

Based on property information with market context.

Suite 205 is a 2,110-square-foot office unit in a commercial building completed in 2006. Its 2017 build-out includes two large executive offices, another private office, a reception area, bullpen-style open workspace, a conference room, copy area, substantial storage, and a kitchenette. The suite is positioned directly across from the elevator. Building features include brick construction, central air, and assigned parking in a parking lot.

The property offers access to I-95, MD Route 32, and U.S. Route 1, with business, retail, and service amenities nearby.

Key Highlights

  • 2,110 SF office unit in Suite 205
  • 2017 build‑out within a commercial building completed in 2006
  • Two large executive offices, one additional office, reception, and open workspace

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,811
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$676,220 $676.2K
Cap Rate 7%
$483,014 $483.0K
Cap Rate 9%
$375,678 $375.7K
Market Conditions
NOI Build-Up for 2,110 SF
Gross rent
$54.2K $25.68/SF
− Vacancy
−$9.1K −$4.31/SF
EGI
$45.1K $21.37/SF
− OpEx
−$11.3K −$5.34/SF
NOI
$33.8K $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%
$676,220
Cap Rate 7%
$483,014
Cap Rate 9%
$375,678

Alternative Uses

Best Use
Office B
$483.0K
$422.6K – $563.5K (±1% cap)
NOI $33,811 @ 7.0% cap · market cap 5.68%
Second Best
Healthcare Medical
$444.0K
$388.5K – $518.1K (±1% cap)
NOI $31,083 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$670.8K
$587.0K – $782.6K (±1% cap)
NOI $46,957 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

DAY Financial Group Financial Advisor Global Dynamics LLC Business Management Consultant Columbia Association Association Or Organization Mokxa Technologies, LLC (Bike/Boat/Book/etc) Store Joget Inc. (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Auto Parts Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Restaurant Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

469
Businesses Nearby

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
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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A 2017 build-out provides reception, open work areas, a conference room, storage, and a kitchenette.
Where is this office unit located?
The property is located at 7230 LEE DEFOREST Drive Columbia, MD.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 2,110 SF office unit in Suite 205; 2017 build‑out within a commercial building completed in 2006; Two large executive offices, one additional office, reception, and open workspace
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Includes: Price & PSF · Cap rate · Location · Zoning

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