254 Merrimac Ct 12, Prince Frederick, MD 20678-4133
This 1,600 sq ft Class B mixed-use office building in Prince Frederick, MD, is available for $315,500. Located at 254 Merrimac Ct, this vacant, two-story property, built in 1989, offers flexible space ideal for a single business or two separate units. The end unit boasts abundant natural light from three sides of windows. Conveniently situated near the courthouse, new county office building, restaurants, and other businesses within an attractive townhouse complex. The lower level features a spacious open area and a bathroom, easily adaptable into offices, a conference room, or reception areas. The upper level includes two private offices and a large conference room with a second bathroom. A separate entrance is already in place, allowing for dual occupancy. Condo fees of $250/month cover exterior maintenance, landscaping, snow removal, and common areas. The property is zoned TC and offers immediate occupancy starting October 2, 2024. Don't miss this exceptional opportunity to own a thriving business location in a desirable area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
TC · Prince Frederick, MDPrince Frederick. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.