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    7845 Oakwood Rd Glen Burnie, MD 21061

    • Medical offices
    • 27,030 SF
    • 0.87 lot acres
    For Lease
    View listing
    $22 SF/Yr
    Value Estimation
    $3,195,000
    Last Sale
    Apr 11, 2023
    $2,750,000
    Location Intelligence
    Property ID
    US40-1413472
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Gabe Watts Electricians / Electrical Installation Service / Electrician
    • Dr. Rita Khandelwal, MD / Family Practice Physician
    • Pasadena Medical Center / Doctor
    • Sunkara Udaya B MD / Physiatrist
    • Alarcon Carlos MD / Gynecologist

    Property Details for 7845 Oakwood Rd

    Year built
    1979
    Construction
    BRICK
    Lot size
    0.87 lot acres
    Property size
    27,030 SF
    Zone code
    C2
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    03-360-08377528
    APU
    336008377528

    Description

    This exceptional Class B medical office building, located at 7845 Oakwood Rd in Glen Burnie, Maryland, offers a fantastic opportunity for medical professionals seeking flexible and conveniently located space. The property, built in 1980, boasts a total of 27,000 square feet and features multiple tenancies. Currently, there are several suites available, ranging in size from a minimum of 889 square feet to a maximum contiguous space of 2,399 square feet. A total of 3,288 square feet is currently vacant and ready for immediate occupancy. The building is ideally situated less than half a mile from the University of Maryland Baltimore Washington Medical Center, providing excellent access to a large patient base and fostering opportunities for collaboration and referrals. This prime location in Anne Arundel County (zip code 21061) offers easy access to major transportation routes, ensuring convenient commutes for both staff and patients. The building's design caters to the specific needs of medical practices, offering a professional and efficient environment. This is an excellent opportunity to establish or expand your medical practice in a thriving and well-connected community. Contact us today to learn more about the available suites and schedule a viewing.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,350,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,855,000
      6.5%
      $2,900,000
      7%
      $2,985,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,015,000
      Geo Method
      $2,535,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,535,000
      Retail
      $2,730,000
      Mixed-Use
      $2,900,000
      Hospitality
      $2,350,000
      Educational
      $2,845,000
      Residential Income
      $2,440,000
      Energy
      $3,005,000
      Income-Based Land
      $2,655,000
      Food Service
      $2,975,000

    Location Insight

    • Map
    • Local Demand
    City
    Glen Burnie
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.6179
    Latitude
    39.141
    CBSA code
    12580
    CBSA name
    BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $31,665
    $0.00
    $0.00
    $2,899,767
    -
    $437,700
    $2,710,600
    $3,148,300

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    • Value Estimation
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      18,000 SF

      1406 Crain S Hwy

      MEDICAL BUILDING • 18,000 SF
      1406 Crain S Hwy, Glen Burnie, MD 21061-4058
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      Glen Burnie Medical Office Space

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    7845 Oakwood Rd
    Glen Burnie, MD 21061
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    Realmo Value Estimation

    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.

    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.

    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
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