Private-Entry Office
7439 BALTIMORE ANNAPOLIS BOULEVARD 1ST FLOOR EAST, Glen Burnie, MD 21061
For Sale
New
Contact for pricing
Two offices, a dedicated bathroom, basement space, and shared conference rooms serve the suite.
Property Size2,813 SF
Price / SF$0.36
Days on Market4
Property Features for 7439 BALTIMORE ANNAPOLIS BOULEVARD 1ST FLOOR EAST
General Information
Standard status
Size
Property subtype
Additional Details
Office Units
Property Use
Amenities
shared conference rooms
Building Details
Year Built
Listing Agency:
May Realty
(410) 761-9500
Listed By:
Christopher L May · License #99287
(410) 320-5649
Source:
Cummingsrealtors
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 6 at 2:44PM
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 May Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office suite has a private entrance, two offices, and its own bathroom. Basement space provides room for additional offices or storage, and occupants have shared access to conference rooms in the building. The property was built in 1920.
The building is in the Town Center, one block from Anne Arundel Community College’s Glen Burnie campus and two blocks from the courthouse. BWI Airport is minutes away.
The building is in the Town Center, one block from Anne Arundel Community College’s Glen Burnie campus and two blocks from the courthouse. BWI Airport is minutes away.
Key Highlights
- Two offices and a private bathroom
- Separate entrance for the office suite
- Basement area suitable for offices or storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,722
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,440
$394.4K
Cap Rate 7%
$281,743
$281.7K
Cap Rate 9%
$219,133
$219.1K
Market Conditions
NOI Build-Up for 2,813 SF
Gross rent
$32.1K $11.40/SF
− Vacancy
−$5.8K −$2.05/SF
EGI
$26.3K $9.35/SF
− OpEx
−$6.6K −$2.34/SF
NOI
$19.7K $7.01/SF
Area
Anne Arundel County, MD
Vacancy
18.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,440
Cap Rate 7%
$281,743
Cap Rate 9%
$219,133
Alternative Uses
Best Use
Office B
$281.7K
$246.5K – $328.7K
NOI $19,722 @ 7.0% cap · market cap 1,972.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$822.9K
$720.0K – $960.0K
NOI $57,601 @ 7.0% cap · market cap 5,760.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
Explore this area
Business Placement
Demographics for 21061, MD
57,352
Population
23,196
Households
2.5
Avg Household Size
36
Median Age
26%
College-Educated
90%
High-School Grad
12.2 sq mi
ZIP Area
4,701
Density / Sq Mi
$86,081
Median Household Income
$48,429
Median Earnings
$1,661
Median Rent
$326,000
Median Home Value
Market
Properties on Market for Office Units in Anne Arundel County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Two offices, a dedicated bathroom, basement space, and shared conference rooms serve the suite.
Where is this office unit located?
The property is located at 7439 BALTIMORE ANNAPOLIS BOULEVARD 1ST FLOOR EAST Glen Burnie, MD.
What are key features of this property?
This property features: Two offices and a private bathroom; Separate entrance for the office suite; Basement area suitable for offices or storage
