913 Ridgebrook Rd Sparks Glencoe, MD 21152
- Office Properties & Spaces
- 1,793 SF
Current Use by Public Records
- Dominion Marketing Inc / Marketing Agency
- Disruptive Inc. / Website Designer / Advertising Agency
- Sparks Dentistry- Dr. Anthony Narlis, Dr. Johanna Narlis / Dentist / Cosmetic Dentist
- Sparks Dentistry / Dental Clinic
- Narlis Dental PA / Dental Clinic
Property Details for 913 Ridgebrook Rd
- Year built
- 2005
- Property size
- 1,793 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional Class A medical office condominium, located at 913 Ridgebrook Road, Suite 312, Sparks Glencoe, MD 21152, presents a unique owner-user opportunity. Built in 2005, this 1,793 square foot space is ideally suited for a variety of medical practices. The fully improved layout includes multiple exam rooms, a consultation office, two restrooms, a manager's office, a lab, a nurse's station, a reception area, and a comfortable waiting room. The asking price is $358,600, translating to $200 per square foot. Financing options are available through local lenders, offering competitive terms. A potential financing scenario includes an 80/20 loan-to-value ratio (LTV) with a 20% down payment, resulting in a financed amount of $286,880 at a 6.5% interest rate and a 25-year amortization, yielding a monthly principal and interest payment of $1,937 ($12.96 per square foot). In addition to the mortgage payment, there is a $560 monthly condominium fee. Annual real estate taxes are $5,125. This turnkey property offers immediate occupancy and a strong return on investment in a desirable Baltimore County location. The property is conveniently located in Sparks Glencoe, offering easy access to major transportation routes and a thriving community.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sparks Glencoe
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.6518
- Latitude
- 39.5234