Property profile

10245 Old Columbia Rd B Columbia, MD 21046

FOR SALE
Office Spaces
Property ID
US40-1190843
7,700 SF 2.55 ac lot Built 1984
Entity Owned Free & Clear
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10245 Old Columbia Rd,Unit B, Columbia, MD 21046 For Sale
$2,069,232 7,700 SF
10245 Old Columbia Rd,Unit B, Columbia, MD 21046
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Property summary

AI-generated overview

This exceptional 7,700 square foot office building presents a unique opportunity for business ownership in Columbia, MD. Situated on a generous 2.55-acre lot, the property boasts a comprehensive renovation completed in 2010, focusing on energy efficiency. Key features include a high-efficiency HVAC system, a heat-reflective white membrane roof, and low-water-use plumbing fixtures throughout the three bathrooms (each with three stalls and a shower). The building's attractive features extend to energy-efficient lighting fixtures and a striking brick entrance paver walkway. The interior offers versatile space, including three spacious conference rooms, three private offices, a well-equipped kitchen, and a comfortable seating area in the rear. A unique highlight is a functional 500-gallon aquarium gracing the lobby. Ample parking is available, both in front and behind the building, with the added convenience of two dedicated EV parking/charging spaces. The building is offered at $2,400,000. This is a turnkey solution for a business seeking a modern, efficient, and well-appointed space. The combination of size, amenities, and energy efficiency makes this property an exceptional investment.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1984
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,700 SF
Lot 2.55 ac (111,078 SF)
Zoning code NT
APN 16-220876
UPID US40-1190843

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Environmental Consultant

Location

10245 Old Columbia Rd, Unit B Columbia, MD 21046
Columbia metro Census 606803 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.40M
Blend (final) Blend
$1.11M

Owner & transaction history

Zoning & alternative use

NT · Columbia, MD
Top alternative use upside
Commercial (general) $1.8M +12.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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