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MD
Crofton
21114
1655 Crofton Blvd

Property profile

1655 Crofton Blvd Crofton, MD 21114

FOR LEASE

Office buildings

Property ID

US40-0903713

15,370 SF 2.09 ac lot Built 1987

Entity Owned 6-yr Hold ~ Est. High Equity

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$2,930,000

1655 Crofton Blvd, Crofton, MD 21114
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This exceptional office property at 1655 Crofton Blvd in Crofton, Maryland, offers a variety of flexible spaces ideal for businesses of all sizes. Located in the I-97/Crain Highway Corridor within Anne Arundel County, this 30,000 square foot building boasts a convenient location and ample parking. The property, built in 1986 and zoned C2, sits on a 2.09-acre lot. Multiple tenancy options are available, with spaces ranging from a minimum of 1,037 square feet to a maximum contiguous space of 7,345 square feet. Currently, 11,397 square feet is vacant and ready for immediate occupancy. First-floor units offer up to 3,100 square feet at a rate of $30 per square foot (NNN), while second-floor units offer similar space at $26.50 per square foot (full service). The entire building is also available for purchase for $7,500,000. This presents a unique opportunity to establish a presence in a thriving business community with excellent accessibility and visibility. Don't miss this chance to secure your ideal office space in this highly sought-after location. Contact us today to schedule a viewing and discuss your specific needs. The zip code is 21114.

Property type Office buildings

Use group OFFICE BUILDING

Year built 1987

Construction BRICK

Total area 15,370 SF

Lot 2.09 ac (91,040 SF)

Zoning code C2

APN 02-206-90023257

UPID US40-0903713

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Pediatrician Medical Clinic
Physician
Pediatrician Medical Clinic
Medical Clinic
Vocational School Training Center

1655 Crofton Blvd Crofton, MD 21114

Crofton metro Census 702205 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Google Maps

AI Approach AI

$2.95M

CAP Approach CAP

$1.77M

Comparable Approach Comparable

by Request

Blend (final) Blend

$2.93M

since 2020

Last sale

$2.4M

4 recorded transactions

2020

Price N/A

2020

Price N/A

2015

$2.4M

1969

Price N/A

Comparables

6 recent transactions · within 1.5 mi

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