10260 Baltimore National Pike Ellicott City, MD 21042
- Office Properties & Spaces
- 1,884 SF
- 0.43 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 10260 Baltimore National Pike
- Year built
- 2004
- Lot size
- 0.43 lot acres
- Property size
- 1,884 SF
- Zone code
- B2
- Property type
- Office Properties & Spaces
- APN
- 02-413469
- APU
- 2413469
Description
This exceptional investment opportunity presents two adjoining, end-cap office condos totaling approximately 1,938-2,000 square feet, located at 10260-10262 Baltimore National Pike in Ellicott City, Maryland, 21042. Currently 25% occupied, these Class B units are ideally suited for medical and general office uses. The asking price is $905,740. Each unit is a two-level space, mirroring the other, and can be easily separated into upper and lower level units, offering significant flexibility for various configurations. The property is zoned B1 and features a modified lease type with multi-tenancy. The units are currently built out as office spaces, but can be renovated to accommodate a wide range of needs. This property benefits from immediate availability and ample parking. The end-cap location offers the potential to combine with an adjacent unit, expanding the usable space significantly. This presents a rare opportunity to acquire a versatile and well-located office property in a thriving Howard County market. The property's location on Baltimore National Pike (Route 40) ensures excellent visibility and accessibility.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $295,000
- 6.5%
- $270,000
- 7%
- $250,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $245,000
- Geo Method
- $275,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $290,000
- Retail
- $230,000
- Mixed-Use
- $250,000
- Hospitality
- $280,000
- Educational
- $220,000
- Residential Income
- $215,000
- Energy
- $280,000
- Income-Based Land
- $250,000
- Food Service
- $280,000
Location Insight
- Map
- Local Demand
- City
- Ellicott City
- County
- Howard
- State
- Maryland
- Longitude
- -76.867
- Latitude
- 39.2815
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA