First-Floor Office Condo
8894 Stanford Blvd Columbia, MD 21045
For Sale
Contact for pricing
First-floor office condo with allocated common area included and basement storage cage.
Property Size2,079 SF
Price / SF$295
Days on Market167
Property Features for 8894 Stanford Blvd
General Information
Standard status
Active
Size
2,079 SF
Property subtype
OFFICE
Listing Agency:
KLNB - Columbia
(443) 574-1422
Listed By:
Charles "Chuck" Breitenother
Source:
Moodyscre
Added: Feb 13
Changed: Jul 26
Last Checked: Jul 29 at 12:22PM
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 KLNB - Columbia
Investment Insights
Based on property information with market context.
This first-floor office condo offers 2,079 saleable square feet, including 17% of allocated common area. The unit includes a storage cage in the basement, providing added secured space for day-to-day operational needs.
The property is positioned with access to Routes 29, 175, 1, 32, and I-95, supporting convenient regional connectivity for employees and visitors.
For sale as an individually owned office unit, this configuration is well suited to organizations looking for a manageable in-building footprint with shared common area allocation and onsite storage.
The property is positioned with access to Routes 29, 175, 1, 32, and I-95, supporting convenient regional connectivity for employees and visitors.
For sale as an individually owned office unit, this configuration is well suited to organizations looking for a manageable in-building footprint with shared common area allocation and onsite storage.
Key Highlights
- First‑floor office condo with 2,079 saleable sq ft including 17% allocated common area
- Basement storage cage included
- Access to Routes 29, 175, 1, 32 and I‑95
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 | $53.4k | $25.68 |
| − Vacancy | −$9.0k | −$4.31 |
| EGI | $44.4k | $21.37 |
| − OpEx | −$11.1k | −$5.34 |
| NOI | $33.3k | $16.02 |
2,079 SF · lease $25.68/SF/yr · vacancy 16.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$475.9K
$416.4K – $555.3K
NOI $33,315 @ 7.0% cap · market cap 5.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$661.0K
$578.4K – $771.1K
NOI $46,268 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - First-floor office condo with allocated common area included and basement storage cage.
Where is this office units located?
The property is located at 8894 Stanford Blvd Columbia, MD.
What is the asking price?
The asking price for this property is $613,305.
What are key features of this property?
This property features: First‑floor office condo with 2,079 saleable sq ft including 17% allocated common area; Basement storage cage included; Access to Routes 29, 175, 1, 32 and I‑95
