Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Creative Office Space For Sale Title is generated by Realmo AI

    10260 Baltimore National Pike, Ellicott City, MD 21042

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Creative office space suitable for medical and professional users.

    Type:Office
    Property size:
    1,938 SF
    Price / SF:
    $230/SF
    Added:
    Jan 13, 2022
    Days on Market:
    1604
    Last Refresh:
    May 19 at 9:16 pm

    Property Features for 10260 Baltimore National Pike

    General Information

    Standard status
    Active
    Size
    1,938 SF
    Property subtype
    Office

    We can help!

    Listing Contact
    George Shenas
    George Shenas

    Listing agent George Shenas License #MD 659421

    Listing office Hyatt Commercial

    Listing date Jan 13, 2022

    Source Crexi

    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 Hyatt Commercial

    HighLights

    • Creative office space suitable for medical and professional users.
    • Flexible layout allows for various renovations and uses.
    • Units are split into two levels.
    • Levels can be separated into upper and lower units.
    • Units are already built out as office spaces.
    • Ideal for office space.

    Overview

    This creative office space is suitable for medical and professional office users. The units, totaling 1938 square feet, are built out as office spaces that can be renovated for a variety of uses. The units are split into two levels that mirror each other and can be separated as upper and lower level units.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ellicott City
    County
    Howard
    State
    Maryland
    Longitude
    -76.8664848
    Latitude
    39.281666

    Nearby Similar for Sale

    • $529,900

      Ellicott City Commercial Office Suites

      Renovated office suites in Ellicott City's Dorsey Hall Professional
      5094 DORSEY HALL Drive, ELLICOTT CITY, MD 21042
      View Details
    • $115,000

      ELLICOTT CITY Leased Office Unit

      Leased office unit with recent renovations and ample parking.
      3219 CORPORATE Court, ELLICOTT CITY, MD 21042
      View Details
    • $350,000

      Ellicott City Investment Spa Property

      Investment property with long-term tenant in Ellicott City.
      3221-3223 CORPORATE Ct, Ellicott City, MD 21042
      View Details
    • $115,000

      Leased Office Unit For Sale

      Leased office unit with recent renovations and ample parking.
      3219 CORPORATE Ct 10B, Ellicott City, MD 21042
      View Details
    • $455,000
      2,448 SF

      Ellicott City Commercial Property

      Commercial property available for sale in Ellicott City, Maryland.
      8298 Main St, Ellicott City, MD 21043
      View Details
    • $529,900
      2,241 SF

      Renovated Office Suite in Ellicott

      Renovated commercial office suite in Ellicott City's Dorsey Hall.
      5094 Dorsey Hall Dr #205 & 206, ELLICOTT CITY, MD 21042
      View Details
    • $249,000
      1,200 SF

      Move-In Ready Professional Office Condo

      Bright, airy office condo with four offices and reception area.
      5044 Dorsey Hall Dr, Ellicott City, MD 21042
      View Details
    • $5,356,000
      14,793 SF

      Fulton Bank NNN Lease

      NNN leased Fulton Bank with long term and escalations.
      9151 Baltimore National Pike, Ellicott City, MD
      View Details
    • $245,000
      8,000 SF

      Office Suites For Sale

      Office suites available for purchase in Ellicott City.
      10304-10310 Baltimore National Pike, Ellicott City, MD 21042
      View Details
    • $425,000
      13,692 SF

      Ellicott City Office Suites For Sale

      Office suites available for sale in Ellicott City, Maryland.
      5024 Dorsey Hall Drive , Ellicott City, MD 21042
      View Details
    • $2,333,000

      New Construction Assisted Living Opportunity

      New construction property suitable for assisted living or memory care.
      8325 Grove Angle Rd, ELLICOTT CITY, MD 21043
      View Details
    • $445,740
      1,938 SF

      Ellicott City Office Space Available

      Office space available in Ellicott City, Maryland.
      10260-10268 Baltimore National Pike, Ellicott City, MD
      View Details

    FAQs

    What type of property is this?
    Office units - Creative office space suitable for medical and professional users.
    Where is this office units located?
    The property is located at 10260 Baltimore National Pike Ellicott City, MD.
    What is the asking price?
    The asking price for this property is $445,740.
    What are key features of this property?
    This property features: Creative office space suitable for medical and professional users.; Flexible layout allows for various renovations and uses.; Units are split into two levels.
    (410) 266-8800 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing George Shenas
    George Shenas
    Real Estate License ID: MD 659421
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10260 Baltimore National Pike, Ellicott City, MD 21042
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!