Property profile

20 Craigtown Rd Port Deposit, MD 21904

FOR LEASE
Office buildings
Property ID
US40-1435576
10,868 SF 4.83 ac lot Built 1994
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,600 square foot executive office suite is located at 20 Craigtown Road in Port Deposit, Maryland, zip code 21904. Situated in a well-maintained Class B building (10,868 total square feet), this single-tenant space underwent renovations in 2021, ensuring a modern and efficient workspace. The building itself was constructed in 1994 and is zoned for commercial use within Cecil County. The suite boasts excellent visibility and road frontage due to its convenient location adjacent to the Perryville exit of Interstate 95, providing easy access for clients and employees. This prime location offers close proximity to downtown Perryville, Port Deposit, Hollywood Casino, and the Great Wolf Lodge, making it an ideal location for businesses seeking high visibility and convenient access to amenities and attractions. The suite is immediately available and ready for occupancy, presenting a unique opportunity for a business seeking a professional and well-appointed office space. The property offers significant potential for a variety of businesses needing a convenient and accessible location in a thriving area. This is a single-tenant occupancy space within a larger building.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1994
Construction BRICK
Total area 10,868 SF
Lot 4.83 ac (210,264 SF)
Zoning code C2
APN 07-044550
UPID US40-1435576

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
  • Gym & Fitness Center Alternative Medicine Practice
  • Title Company
  • Pediatrician Medical Clinic
  • Counselor

Location

20 Craigtown Rd Port Deposit, MD 21904
Port Deposit metro Census 31201 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$945k
CAP Approach CAP
by Request
Comparable Approach Comparable
$887k
Blend (final) Blend
$1.03M

Owner & transaction history

since 2021
Last sale
$777,500
5 recorded transactions
2024
Price N/A
2021
$777,500
2021
$2,500
2015
$1,000
1969
Price N/A

Zoning & alternative use

C2 · Port Deposit, MD

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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