7272-7274 CRADLEROCK WAY Columbia, MD 21045
7272-7274 CRADLEROCK WAY, Columbia, MD, 21045
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For Sale
Contact for pricing
Office Units
Property Size3,200 SF
Price / SF$265.63
Days on Market57
Property Features for 7272-7274 CRADLEROCK WAY
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1980
Listing agency
The Langert Commercial Group, LLC
(443) 529-0505
Listed by
Evan Langert · License #6711
Source
Crexi
Added: May 26 Updated: Jul 20 at 8:13PM Checked: Jul 20 at 8:13PM
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 The Langert Commercial Group, LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Year built: 1980
- Two adjacent townhouse condominiums with 1,781 gross SF each
- One unit is currently occupied by a day spa/massage company
Local 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 | $82.2k | $25.68 |
| − Vacancy | −$13.8k | −$4.31 |
| EGI | $68.4k | $21.37 |
| − OpEx | −$17.1k | −$5.34 |
| NOI | $51.3k | $16.02 |
3,200 SF · lease $25.68/SF/yr · vacancy 16.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$732.5K
$641.0K – $854.6K
NOI $51,278 @ 7.0% cap · market cap 6.03%
Second Best
Healthcare Medical
$673.4K
$589.3K – $785.7K
NOI $47,140 @ 7.0% cap · market cap 5.55%
Theoretical Best
Office A
$1.02M
$890.2K – $1.19M
NOI $71,215 @ 7.0% cap · market cap 8.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
Where is this office units located?
The property is located at 7272-7274 CRADLEROCK WAY Columbia, MD.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Year built: 1980; Two adjacent townhouse condominiums with 1,781 gross SF each; One unit is currently occupied by a day spa/massage company
