12 Newport Dr Forest Hill, MD 21050-1758
This exceptional 9,118 square foot commercial property, located at 12B Newport Drive in Forest Hill, Maryland, presents a unique investment opportunity. The single-story, 2007-built building, renovated in 2019, is classified as Class B and features a total of three suites within a single building on a 0.76-acre lot. Currently, there is no vacant space. The property is zoned CI and boasts ample parking with 25+ spaces available, supplemented by convenient street parking. Suite B, a 3,000 square foot space, is immediately available and features 10-foot drop ceilings, two private bathrooms, and a utility area. This space is ideally suited for a variety of uses, previously occupied by a fitness center, and benefits from high visibility due to its central location between Agape Physical Therapy and Bayada. The property enjoys a prime location with significant traffic counts (19,400 cars per day on Rock Spring Rd) and a large population base (74,000 people within a 5-mile radius). The minimum divisible space is 3,000 square feet, with a maximum contiguous space also at 3,000 square feet. This property offers a blend of traditional office and medical office suitability, making it a versatile option for various businesses. An introductory lease rate is available. The property's features include signage opportunities and excellent access for clients and employees.
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Jacalyn Reagan Physician
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Carroll Sports Rehab Physician
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MICHELLE R MCCARTY Physician
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Miss Elizabeth Betlejewski Physician
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Limitless Fitness Gym & Fitness Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CI · Forest Hill, MDCosts & 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.