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    OFF-MARKET
    Office Spaces

    254 Merrimac Ct 12, Prince Frederick, MD 20678-4133

    1,600 SF Built 1989
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US40-1478205
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office Spaces
    Use group CONDOMINIUM OFFICES
    Year built 1989
    Construction BRICK
    Total area 1,600 SF
    Zoning code TC
    APN 02-069113
    UPID US40-1478205
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Alonso Real Estate Investment Group · 1 yrs held
    Alonso Real Estate Investment Group
    since 2025
    Last sale
    $275,000
    1 recorded transaction
    2025
    $275,000
    Zoning & alternative use
    TC · Prince Frederick, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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