Columbia Office Unit For
For Sale
$410,000
7274 Cradlerock Way, Columbia, MD 21045
Office unit for sale in Columbia, Maryland.
Property Size1,781 SF
Price / SF$230.21
Days on Market191
Property Features for 7274 Cradlerock Way
General Information
Standard status
Active
Size
1,781 SF
Site & Location
Neighborhood
Dasher Green
Building Details
Year Built
1980
Listing Agency:
The Langert Commercial Group LLC
Listed By:
Evan Keith Langert · License #6711
(650) 714-3826
Source:
Selltheshore
Added: Apr 24
Changed: Oct 25
Last Checked: Oct 7 at 1:33PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property at 7274 Cradlerock Way, Columbia, MD 21045 is an office unit available for purchase. The tenant is moving out. It is also available for lease, but only for purchase together with the adjoining unit at 7272 Cradlerock Way. The adjoining unit is currently vacant and available for lease. The price for both units is $850,000. Each unit can be leased separately. The bike score is 50, indicating it is bikeable. The walk score is 71, indicating it is very walkable. The transit score is 34, indicating some transit options are available.
Key Highlights
- Available for purchase with adjoining unit at 7272 Cradlerock Way for $850k.
- Adjoining unit (7272 Cradlerock Way) is also vacant and available for lease.
- Very Walkable location (Walk Score: 71)**.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,539
Cap Rate
6.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$570,780
$570.8K
Cap Rate 7%
$407,700
$407.7K
Cap Rate 9%
$317,100
$317.1K
Market Conditions
NOI Build-Up for 1,781 SF
Gross rent
$45.7K $25.68/SF
− Vacancy
−$7.7K −$4.31/SF
EGI
$38.1K $21.37/SF
− OpEx
−$9.5K −$5.34/SF
NOI
$28.5K $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%
$570,780
Cap Rate 7%
$407,700
Cap Rate 9%
$317,100
Alternative Uses
Best Use
Office B
$407.7K
$356.7K – $475.7K
NOI $28,539 @ 7.0% cap · market cap 6.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$566.2K
$495.5K – $660.6K
NOI $39,636 @ 7.0% cap · market cap 9.67%
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
Location Intelligence
Trade Area within ½ mile
740
Businesses Nearby
Explore this area
Business Placement
Demographics for 21045, MD
39,321
Population
15,826
Households
2.5
Avg Household Size
38
Median Age
57%
College-Educated
94%
High-School Grad
9.7 sq mi
ZIP Area
4,054
Density / Sq Mi
$117,323
Median Household Income
$62,522
Median Earnings
$1,768
Median Rent
$438,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Office unit for sale in Columbia, Maryland.
Where is this office unit located?
The property is located at 7274 Cradlerock Way Columbia, MD.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Available for purchase with adjoining unit at 7272 Cradlerock Way for $850k.; Adjoining unit (7272 Cradlerock Way) is also vacant and available for lease.; Very Walkable location (Walk Score: 71)**.
