For Lease
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Property summary
This exceptional commercial property, located at 13990 Baltimore Ave in Laurel, MD, offers a variety of office spaces to suit diverse business needs. Situated within the Laurel Lakes Corporate Center, this building boasts a highly visible corner location at a signalized intersection on Route 1, ensuring maximum exposure and accessibility. The property features a total of 75 parking spaces, providing ample convenience for employees and clients. Built in 1987, the building sits on 1.422 acres of land and is zoned PDA-E. Currently, there is 7,000 square feet of vacant space available for lease. Flexible floor plans cater to various requirements; ground level options range from 400 to 5,000 square feet, ideal for office, medical, or retail uses. The ground floor space features excellent condition, a large open area, eight individual offices, and a reception area. Second-floor spaces range from 400 to 2,100 square feet, while a substantial 6,000 square foot space is available on the third floor. This property presents a unique opportunity to establish a presence in a thriving business community with excellent visibility and convenient access to Route 1's high traffic volume. The building's multiple tenancy structure allows for flexibility and adaptability to various business models. Inquire today to explore the possibilities.
Property profile
VerifiedCap rate & NOI
Current use
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Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
LAUR · Laurel, MDZoning
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Zoning designation
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