Four-Office
7439 BALTIMORE ANNAPOLIS BOULEVARD SECOND FLOOR, Glen Burnie, MD 21061
For Sale
New
Contact for pricing
A private covered entrance and shared conference rooms serve the office occupants.
Property Size2,813 SF
Price / SF$0.35
Days on Market4
Property Features for 7439 BALTIMORE ANNAPOLIS BOULEVARD SECOND FLOOR
General Information
Standard status
Size
Property subtype
Additional Details
Floor
Property Use
Amenities
conference rooms
Building Details
Year Built
Buildings
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 2:29PM
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
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Investment Insights
Based on property information with market context.
The full second floor provides 2,813 square feet arranged as four private offices and a bathroom. A covered entry is reserved for the suite, while conference rooms are available in shared common areas. The building dates to 1920.
In Glen Burnie’s Town Center, the property is one block from Anne Arundel Community College’s Glen Burnie campus and two blocks from the courthouse. BWI Airport is minutes away.
In Glen Burnie’s Town Center, the property is one block from Anne Arundel Community College’s Glen Burnie campus and two blocks from the courthouse. BWI Airport is minutes away.
Key Highlights
- 2,813‑square‑foot second‑floor office suite
- Four private offices and a bathroom
- Private covered entrance; shared conference rooms
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 2,022.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$822.9K
$720.0K – $960.0K
NOI $57,601 @ 7.0% cap · market cap 5,907.79%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,498
Businesses Nearby
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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
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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 - A private covered entrance and shared conference rooms serve the office occupants.
Where is this office unit located?
The property is located at 7439 BALTIMORE ANNAPOLIS BOULEVARD SECOND FLOOR Glen Burnie, MD.
What are key features of this property?
This property features: 2,813‑square‑foot second‑floor office suite; Four private offices and a bathroom; Private covered entrance; shared conference rooms
