Medical Office
7625 MAPLE LAWN BOULEVARD #50, Fulton, MD 20759
For Sale
$765,000
Two condominium medical office units offer a combination of existing occupancy and owner-user availability.
Property Size2,286 SF
Price / SF$334.65
Days on Market54
Property Features for 7625 MAPLE LAWN BOULEVARD #50
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Road Access
Additional Details
Office Units
Building Details
Year Built
Buildings
Listing Agency:
CapStar Properties
(301) 738-7777
Listed By:
John P. Lin · License #0225031906
(240) 813-2088
Source:
Cummingsrealtors
Added: Sep 15
Changed: Nov 6
Last Checked: Nov 6 at 9:00AM
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 CapStar Properties
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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 offering includes two medical office condominiums within the Midtown Medical Arts Building, a professionally maintained property completed in 2008. One unit is occupied by a healthcare operator, while the second is vacant and available for an owner-user or new occupancy. The units may be acquired together, combining an occupied medical office with adjacent space available for use.
The property is located at 7625 Maple Lawn Boulevard in Fulton, within Maple Lawn, a mixed-use community in Howard County. The surrounding area includes residential, retail, dining, and professional office uses. Access to the Route 29 corridor is provided via MD-216, also known as Scaggsville Road, with the property positioned between Columbia and northern Montgomery County.
The property is located at 7625 Maple Lawn Boulevard in Fulton, within Maple Lawn, a mixed-use community in Howard County. The surrounding area includes residential, retail, dining, and professional office uses. Access to the Route 29 corridor is provided via MD-216, also known as Scaggsville Road, with the property positioned between Columbia and northern Montgomery County.
Key Highlights
- Two medical office condominiums offered within the Midtown Medical Arts Building
- One unit is occupied by a healthcare operator
- Second unit is vacant for owner‑user occupancy or new tenancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,668
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,360
$553.4K
Cap Rate 7%
$395,257
$395.3K
Cap Rate 9%
$307,422
$307.4K
Market Conditions
NOI Build-Up for 2,286 SF
Gross rent
$56.2K $24.60/SF
− Vacancy
−$10.1K −$4.43/SF
EGI
$46.1K $20.17/SF
− OpEx
−$18.4K −$8.07/SF
NOI
$27.7K $12.10/SF
Area
Howard County, MD
Vacancy
18.00%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,360
Cap Rate 7%
$395,257
Cap Rate 9%
$307,422
Alternative Uses
Best Use
Healthcare Medical
$395.3K
$345.9K – $461.1K
NOI $27,668 @ 7.0% cap · market cap 3.62%
Second Best
Office B
$229.0K
$200.3K – $267.1K
NOI $16,027 @ 7.0% cap · market cap 2.10%
Theoretical Best
Office A
$847.8K
$741.8K – $989.1K
NOI $59,344 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
617
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 20759, MD
6,562
Population
2,031
Households
3.2
Avg Household Size
39
Median Age
84%
College-Educated
98%
High-School Grad
6.3 sq mi
ZIP Area
1,042
Density / Sq Mi
$250,001
Median Household Income
$127,287
Median Earnings
$3,501
Median Rent
$888,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Patuxent Valley Animal Hospital — 11200 Scaggsville Rd # 132, Laurel, MD 20723
Frequently Asked Questions
What type of property is this?
Medical Office Space - Two condominium medical office units offer a combination of existing occupancy and owner-user availability.
Where is this medical office space located?
The property is located at 7625 MAPLE LAWN BOULEVARD #50 Fulton, MD.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: Two medical office condominiums offered within the Midtown Medical Arts Building; One unit is occupied by a healthcare operator; Second unit is vacant for owner‑user occupancy or new tenancy
