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Property profile & analytics
OFF-MARKET
Office Spaces

913 Ridgebrook Rd Sparks Glencoe, MD 21152

1,793 SF Built 2005
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 2005
Total area 1,793 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dominion Marketing Inc Advertising Agency Marketing & Advertising
  • Disruptive Inc. Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Sparks Dentistry- Dr. Anthony Narlis, Dr. Johanna Narlis Dental Office
  • Sparks Dentistry Dental Office
  • Narlis Dental PA Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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