913 Ridgebrook Rd Sparks Glencoe, MD 21152
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.