Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1500 Defense Hwy Gambrills, MD 02054

    For Sale
    Contact for pricing

    Prime Office Space, 1782 SF, Maryland

    Property size:
    1,782 SF

    Property Features for 1500 Defense Hwy

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,782 SF

    We can help!

    Listing Contact
    Randy Miller
    Randy Miller

    Listing Agency: Hyatt Commercial Listing Agent: Randy Miller

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 1,782 square foot executive office suite is ideally located at 1500 Defense Highway in Gambrills, Anne Arundel County, Maryland, zip code 2074. The property offers a full-service lease, excluding interior suite cleaning, providing a convenient and efficient work environment. The suite is part of a larger building offering shared amenities including a spacious conference room, a fully equipped kitchen, and a restroom complete with a shower. Ample free parking is available for tenants and their guests, adding to the convenience of this location. An outdoor deck provides an additional space for meetings, lunches, or informal gatherings. This executive office suite is perfect for businesses seeking a professional and well-appointed space with convenient access to amenities and ample parking. The property is available for lease and presents a fantastic opportunity for companies looking to establish or expand their presence in the Gambrills area. The suite's size and features make it suitable for a variety of businesses, offering a blend of privacy and shared resources. The convenient location and comprehensive amenities make this an attractive option for discerning tenants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Malone Michael Law Firm Carey Law Office, ... Law Firm Marathon Real Estate: ... Real Estate Agency Plaxen Adler Muncy, ... Law Firm Callahan & Callahan PC Law Firm

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    City
    Gambrills
    County
    Anne Arundel
    State
    Maryland

    Nearby Similar for Sale

    • $565,000
      2,576 SF

      Spacious Townhome in Crofton Valley

      Three-story townhome with modern upgrades and convenient location.
      1151 Carbondale Way, Gambrills, MD 21054
      View Details
    • Contact for pricing
      6,485 SF

      Gambrills Office Building For Sale/Lease

      Prime Gambrills location, 6,485 SF office space.
      2509 Evergreen Rd, Gambrills, MD 21054
      View Details
    • $700,000
      1,974 SF

      Gambrills Development Opportunity

      5+ Acre Potential, Spacious Home
      1361 Defense Hwy, Gambrills, MD 21054
      View Details
    • $1,950,000

      Prime Commercial Land For Sale

      2-acre commercial land with C4 zoning in high-demand location.
      1356 Defense Hwy, Gambrills, MD 21054
      View Details
    • $1,250,000
      3,074 SF

      Gambrills Development Opportunity

      Prime 2.61-Acre Site, Huge Potential
      1365 Defense Hwy, Gambrills, MD 21054
      View Details
    • $395,000
      1,695 SF

      Colchester Unit in 55+ Community

      Beautiful unit in a 55+ community, coming soon.
      1412 Wigeon Way, Gambrills, MD 21054
      View Details
    • $730,000

      Specialty Property For Sale

      Specialty property available for purchase.
      2762 Lady Slipper Rd, Gambrills, MD 21054
      View Details
    • $479,900

      Autumnwood Drive Specialty Property

      Specialty property available for sale in Gambrills, Maryland.
      936 Autumnwood Dr, Gambrills, MD 21054
      View Details
    • $575,000

      Specialty Property For Sale

      Specialty property available for purchase.
      588 Saint Marys Ave, Gambrills, MD 21054
      View Details
    • $650,000

      Sequoia Lane Specialty Property

      Specialty property available for sale in Gambrills, Maryland.
      2632 Sequoia Ln, Gambrills, MD 21054
      View Details
    • $895,000

      Gambrills Specialty Property For Sale

      Specialty property available for purchase in Gambrills, Maryland.
      2057 Liza Way, Gambrills, MD 21054
      View Details
    • $995,000

      Gambrills Specialty Property for Sale

      Specialty property available in Gambrills, Maryland.
      3154 Gosheff Ln, Gambrills, MD 21054
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space, 1782 SF, Maryland
    Where is this office property / space located?
    The property is located at 1500 Defense Hwy Gambrills, MD.
    What are key features of this property?
    This property features: 1,782 SF Executive Office Suite in Gambrills, MD; Full-Service Lease (excluding interior cleaning); Shared conference room, full kitchen
    (410) 353-1224 Call to check price and availability
    Request Owner's contact information
    1500 Defense Hwy Gambrills, MD 02054
    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.
    1500 Defense Hwy
    Gambrills, MD 02054
    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
    1500 Defense Hwy Gambrills, MD 02054
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Randy Miller
    Randy Miller
    Real Estate License ID: 520448
    (410) 353-1224
    Learn more
    Google sign-in failed. Please try again or use another login method.