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Renovated Income Property with Patio
For Sale
$199,000

9625 WHITEACRE ROAD Unit A-2, Columbia, MD 21045

First-floor condominium with updated interiors, in-unit laundry, and a private walk-out patio overlooking green space.

Property Size953 SF
Days on Market78

Property Features for 9625 WHITEACRE ROAD Unit A-2

General Information

Standard status Active
Size 953 SF
Property subtype Unit/Flat/Apartment

Taxes and HOA fees

Annual Taxes $2,275

Building Details

Building Size 953 SF
Year Built 1973
Listing Agency: ExecuHome Realty
Listed By: Dimitrios Lynch Jr. · License #621538
Source: Thehulsmangroup
Added: Jul 21 Changed: Oct 3 Last Checked: Oct 5 at 10:09PM

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 ExecuHome Realty

Investment Insights

Based on property information with market context.

This first-floor, walk-out condominium has been renovated throughout with a new kitchen featuring quartz countertops, backsplash, cabinetry, and stainless steel appliances. New flooring, light fixtures, and bath exhaust fans complement two bedrooms, including a 13'5" x 13' primary suite with a walk-in closet. The second bedroom includes a double-wide closet.

The updated Jack-and-Jill bathroom provides separate vanity areas, toilets, and sinks for the primary suite and hallway, with a shared shower finished with a new surround. A dedicated laundry room adds practical convenience, while the living room extends more than 20 feet to a private brick-paved patio enclosed by a privacy wall. The patio backs to open green space and mature trees. Outdoor courts are located within a short walk, including space used for pickleball.

Key Highlights

  • First‑floor, walk‑out condominium at 9625 WHITEACRE ROAD Unit: A‑2, COLUMBIA, MD 21045
  • Renovated kitchen with quartz counters, backsplash, new cabinetry, and stainless steel appliances
  • Two bedrooms, including a 13'5" x 13' primary suite with walk‑in closet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,390
Cap Rate
6.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,800 $247.8K
Cap Rate 7%
$177,000 $177.0K
Cap Rate 9%
$137,667 $137.7K
Market Conditions
NOI Build-Up for 953 SF
Gross rent
$24.0K $25.20/SF
− Vacancy
−$1.5K −$1.56/SF
EGI
$22.5K $23.64/SF
− OpEx
−$10.1K −$10.64/SF
NOI
$12.4K $13.00/SF
Area
Columbia, MD
Vacancy
6.20%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,800
Cap Rate 7%
$177,000
Cap Rate 9%
$137,667

Alternative Uses

Best Use
Apartment 5plus
$177.0K
$154.9K – $206.5K (±1% cap)
NOI $12,390 @ 7.0% cap · market cap 6.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$303.0K
$265.1K – $353.5K (±1% cap)
NOI $21,209 @ 7.0% cap · market cap 10.66%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Columbia Entertainment Resource ... Theater & Performing Art Venue Noonan Construction Construction Company Maryland's Best Roofing ... Roofing Company

Suggested Use

Top Pick Auto Repair Shop Electrical Service Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

375
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - First-floor condominium with updated interiors, in-unit laundry, and a private walk-out patio overlooking green space.
Where is this residential income property located?
The property is located at 9625 WHITEACRE ROAD Unit A-2 Columbia, MD.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: First‑floor, walk‑out condominium at 9625 WHITEACRE ROAD Unit: A‑2, COLUMBIA, MD 21045; Renovated kitchen with quartz counters, backsplash, new cabinetry, and stainless steel appliances; Two bedrooms, including a 13'5" x 13' primary suite with walk‑in closet
More about this property
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