Sparks Glencoe Office
For Sale
Contact for pricing
913 Ridgebrook Rd, Sparks Glencoe, MD
Office space available for rent in Sparks Glencoe, Maryland.
Property Size1,793 SF
Lot Size6.68 Acres
Price / SF$193.84
Days on Market864
Property Features for 913 Ridgebrook Rd
General Information
Standard status
Active
Size
1,793 SF
Lot size
6.68 Acres
Property subtype
OFFICE
Listing Agency:
TriAlliance Commercial Real Estate Services
(410) 339-7160
Listed By:
Christopher C. Smith, SIOR · License #99511
(410) 339-7160
Source:
Moodyscre
Added: Mar 20, 2024
Changed: Jul 10
Last Checked: Jul 21 at 8:31AM
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 TriAlliance Commercial Real Estate Services
Investment Insights
Based on property information with market context.
Available for rent is an office space located at 913 Ridgebrook Rd in Sparks Glencoe, Maryland. The property offers 1793 square feet of space suitable for office use.
Key Highlights
- Office space available for rent.
- Located in Sparks Glencoe, Maryland.
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 | $20.4k | $11.40 |
| − Vacancy | −$3.7k | −$2.05 |
| EGI | $16.8k | $9.35 |
| − OpEx | −$4.2k | −$2.34 |
| NOI | $12.6k | $7.01 |
1,793 SF · lease $11.40/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$179.6K
$157.1K – $209.5K
NOI $12,571 @ 7.0% cap · market cap 3.62%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$17.40M
$15.22M – $20.29M
NOI $1,217,694 @ 7.0% cap · market cap 350.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
257
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office space available for rent in Sparks Glencoe, Maryland.
Where is this office units located?
The property is located at 913 Ridgebrook Rd Sparks Glencoe, MD.
What is the asking price?
The asking price for this property is $347,550.
What are key features of this property?
This property features: Office space available for rent.; Located in Sparks Glencoe, Maryland.
