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2325 Feeser N Rd Taneytown, MD 21787-2713

OFF-MARKET Office buildings Google Maps
1,732 SF 4.81 ac lot Built 2009
Entity Owned 8-yr Hold ~ Est. High Equity
Estimated value (blended)
$325k
Range $293k – $358k (±10%)
Property ID US40-0057065

Property summary

AI-generated overview

This exceptional office building, situated on a generous 4.81-acre lot at 2325 Feeser Road N in Taneytown, Maryland, presents a unique opportunity. The property boasts nine private offices of varying sizes, catering to diverse business needs. A full bathroom and a half-bathroom provide ample facilities for staff and clients. The lease agreement is comprehensive, encompassing all utilities, eliminating the complexities of separate billing. Extensive parking is available on-site, ensuring convenient access for employees and visitors. Furthermore, the property includes professional landscaping services, encompassing lawn care and snow removal, minimizing operational burdens. The floor plan, detailed in the MLS documents, highlights specific office spaces (rooms 7, 12, 13, 14, 15, 19, 20, and 21, marked in yellow) included in the total area. The property even offers the potential use of a helipad, a rare and valuable amenity. Individual office spaces are available for negotiation, allowing for flexible lease terms to suit specific business requirements. This turnkey solution provides a seamless transition for businesses seeking a well-maintained and fully serviced office environment. The property's location in Taneytown, MD, offers a blend of accessibility and tranquility.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2009
Total area 1,732 SF
Lot 4.81 ac (209,524 SF)
Zoning code I-1
APN 01-040731
UPID US40-0057065

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
  • General Contractor

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2018
7 recorded transactions
2018
$749,000
2017
$749,000
2017
Price N/A
2006
$525,000
2006
$370,672
2004
$267,000
1969
Price N/A

Zoning & alternative use

I-1 · Taneytown, 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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