First-Floor Office Condo
For Sale
Contact for pricing
8894 Stanford Blvd, Columbia, MD 21045
First-floor office condo with allocated common area included and basement storage cage.
Property Size2,079 SF
Price / SF$295
Days on Market260
Property Features for 8894 Stanford Blvd
General Information
Standard status
Active
Size
2,079 SF
Property subtype
OFFICE
Site & Location
Neighborhood
Kendall Ridge
Highway Access
Yes
Amenities
storage cage in the basement
Listing Agency:
KLNB - Columbia
(410) 290-1110
Listed By:
Charles "Chuck" Breitenother
(443) 574-1422
Source:
Moodyscre
Added: Feb 13
Changed: Oct 25
Last Checked: Oct 30 at 3:01PM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$33,315
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$666,300
$666.3K
Cap Rate 7%
$475,929
$475.9K
Cap Rate 9%
$370,167
$370.2K
Market Conditions
NOI Build-Up for 2,079 SF
Gross rent
$53.4K $25.68/SF
− Vacancy
−$9.0K −$4.31/SF
EGI
$44.4K $21.37/SF
− OpEx
−$11.1K −$5.34/SF
NOI
$33.3K $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%
$666,300
Cap Rate 7%
$475,929
Cap Rate 9%
$370,167
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,558
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
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - First-floor office condo with allocated common area included and basement storage cage.
Where is this office unit 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
