1355 N Main St Hampstead, MD 21074
- Office buildings
- 3,960 SF
- 0.17 lot acres
Current Use by Public Records
- Lyons Construction Co Inc / General Contractor
Property Details for 1355 N Main St
- Year built
- 1940
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.17 lot acres
- Property size
- 3,960 SF
- Zone code
- RES O
- Property type
- Office buildings
- APN
- 08-031029
- APU
- 8031029
Description
This exceptional 3,960 square foot office building at 1355 N Main Street, Hampstead, MD, is now available for purchase. Situated on a 0.17-acre lot, this property offers a unique opportunity to acquire a fully functional and well-equipped office space. The current layout includes numerous spacious private offices, a sizable administrative office, a welcoming front lobby, a dedicated conference room, a copy room, a convenient break room, and two half-bathrooms. Ample storage is provided, encompassing approximately 1800 square feet for materials and equipment, with direct access to a shared rear parking lot. The building benefits from public water and sewer connections, oil heat, central air conditioning, and high-speed cable internet access. A significant amount of electrical capacity is available, exceeding the needs of the previous occupant. Zoned RO (Residential Office), this property is ideally suited for professional and administrative uses while maintaining the residential ambiance of the area. This is a rare chance to own a turnkey office space in the thriving town of Hampstead. The property is being offered at $425,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $395,000
- 6.5%
- $375,000
- 7%
- $385,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $380,000
- Geo Method
- $365,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $350,000
- Retail
- $440,000
- Mixed-Use
- $335,000
- Hospitality
- $420,000
- Educational
- $440,000
- Residential Income
- $405,000
- Energy
- $415,000
- Income-Based Land
- $345,000
- Food Service
- $425,000
Location Insight
- Map
- Local Demand
- City
- Hampstead
- County
- Carroll
- State
- Maryland
- Longitude
- -76.8522
- Latitude
- 39.6114
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA