Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Owings, MD 20736

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Owings, MD 20736

    View on Map
    • Office properties & Spaces
    • 2.96 lot acres
    For Sale
    View Listing →
    Owings Office Building - Prime Location For Sale
    Contact for pricing

    Owings Office Building - Prime Location

    Five offices, ample parking, Route 4 access.

    Owings, MD 20736
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details

    Year built
    2006
    Lot size
    2.96 lot acres
    Property type
    Office properties & Spaces

    Description

    This exceptional office building in Owings, MD, presents a fantastic opportunity for businesses seeking a well-appointed workspace. Situated on a 2.96-acre lot, this property offers convenient access to Route 4, ensuring effortless commuting for employees and clients. The building boasts five generously sized, private offices, ideal for individual work or team collaboration. A fully equipped kitchenette provides a convenient space for breaks and informal meetings. A dedicated bathroom adds to the overall functionality and comfort. A welcoming reception area creates a professional first impression for visitors. Beyond the private offices, a sizable common area offers versatile space that can be adapted to suit various business needs, whether it's a collaborative workspace, a break room, or additional office space. Ample parking is available in a large, dedicated lot, ensuring convenient parking for employees and guests. The property is offered with a minimum three-year lease term. Please note that annual CAM charges are not included in the monthly rent and are subject to annual adjustments. This property is perfect for businesses seeking a functional, stylish, and conveniently located office space in Owings, Maryland. Inquire today to learn more about this exceptional opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Owings
    County
    Calvert
    State
    Maryland
    Longitude
    -76.6169
    Latitude
    38.696

    Comparable in this City

    • Value Estimation
      $605,000
      3,528 SF

      111 Chesapeake Bch Rd

      OFFICE BUILDING • 3,528 SF
      111 Chesapeake Bch Rd, Owings, MD 20736-3535
      View Details
    • Value Estimation
      $740,000
      5,290 SF

      9829 Old Solomons Is Rd

      OFFICE BUILDING • 5,290 SF
      9829 Old Solomons Is Rd, Owings, MD 20736-9301
      View Details
    • Value Estimation by Request
      848 SF

      101 Thomas Ave

      OFFICE BUILDING • 848 SF
      101 Thomas Ave, Owings, MD 20736
      View Details
    • Value Estimation by Request
      1,632 SF

      925 Skinners Turn Rd

      OFFICE BUILDING • 1,632 SF
      925 Skinners Turn Rd, Owings, MD 20736-3021
      View Details
    • Value Estimation
      $800,000
      4,432 SF

      2301 Mt Harmony Rd

      OFFICE BUILDING • 4,432 SF
      2301 Mt Harmony Rd, Owings, MD 20736
      View Details
    • Value Estimation by Request
      10,698 SF

      2015 Chaneyville Rd

      MEDICAL BUILDING • 10,698 SF
      2015 Chaneyville Rd, Owings, MD 20736-4350
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2.96 Acres

      Owings Office Building - Prime Location

      Five offices, ample parking, Route 4 access.
      Owings, MD 20736
      View Details
    • Contact for pricing

      Owings Office Space Available Now

      1800 sq ft Office/Retail Space in Owings, MD
      Owings, MD 20736
      View Details
    • Contact for pricing

      Two-Story Tavern/Restaurant For Sale

      Two-story tavern/restaurant with a deck and ample parking.
      1232 E Mount Harmony Rd, Owings, MD 20736
      View Details
    • $465,000

      23 Acres in Calvert County

      23+ acre property with pole barn in a rural setting.
      7640 Southern Maryland Blvd, Owings, MD 20736
      View Details
    • $750,000
      2,240 SF

      Owings Industrial Corner Lot

      High-traffic location, 2240 sq ft automotive shop
      2020 Chaneyville Rd, Owings, MD 20736
      View Details
    • $4,500,000
      3,876,840 SF

      Owings Golf Course Investment Opportunity

      Prime Golf Course, 23 Acres, MD
      6215 Scaggs Rd, Owings, MD 20736
      View Details

    Similar Nearby for Lease

    • $2,400 /Mo

      Route 4 Commercial Space

      1,350 SF commercial space with excellent visibility and access.
      1923 Skinners Turn Rd, Owings, MD 20736
      View Details
    • Contact for pricing

      Industrial Land with Warehouses

      13 acres of industrial-zoned land with warehouses and storage.
      1150 E Chesapeake Beach Rd, Owings, MD 20736
      View Details
    • $2,950 /Mo

      Commercial Space Available For Rent

      Commercial space for rent in Owings, MD.
      8191 Jennifer Ln, Owings, MD 20736
      View Details
    View Listing
    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.
    Owings, MD 20736
    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

    Owings, MD, 20736

    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!