Property profile

2200 Defense Hwy Crofton, MD 21114

OFF-MARKET
Office buildings
Property ID
US40-2340654
65,780 SF 4.04 ac lot Built 1985
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A medical and professional office building, located at 2200 Defense Highway in Crofton, Maryland, offers a prime opportunity for businesses seeking high-quality space. The single, four-story building, constructed in 1990 and extensively renovated in 2022, boasts a total of 65,780 square feet. Four suites are available, with sizes ranging from a minimum of 1,273 square feet to a maximum contiguous space of 3,301 square feet. A total of 9,475 square feet is currently vacant, providing flexibility for various business needs. The building is situated on a 4.04-acre lot and features convenient amenities including elevators. Its strategic location on Defense Highway (Maryland Route 3) in the Crofton submarket of Anne Arundel County ensures excellent visibility and accessibility. The property is zoned C1 and benefits from its proximity to major transportation routes. This meticulously maintained building offers a modern and efficient workspace, ideal for medical practices or professional offices seeking a prestigious address in a thriving community. The building's recent renovation ensures modern finishes and updated systems, providing a comfortable and productive environment for tenants. The available spaces provide a unique opportunity to establish or expand your business in a highly desirable location. Contact us today to learn more about leasing opportunities.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Construction BRICK
Total area 65,780 SF
Lot 4.04 ac (175,982 SF)
Zoning code C1B
APN 02-000-90052149
UPID US40-2340654

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
  • Loan Service Bank
  • Physician Medical Clinic
  • Physician
  • Dental Office
  • Law Firm

Location

2200 Defense Hwy Crofton, MD 21114-2926
Crofton metro Census 702204 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$7.57M
Comparable Approach Comparable
$11.80M
Blend (final) Blend
$9.34M

Owner & transaction history

since 2024
Last sale
$9.0M
7 recorded transactions
2024
$9.0M
2016
Price N/A
2015
$5.8M
2015
Price N/A
2012
$4.2M
2006
Price N/A
2003
$350,000

Zoning & alternative use

C1B · Crofton, 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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