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    OFF-MARKET
    Office buildings

    2893 Jessup Rd, Jessup, MD 20794-9726

    2,244 SF 0.76 ac lot Built 1965
    Individually Owned 21-yr Hold ~ Est. High Equity
    Property ID
    US40-1920830
    Property summary
    AI-generated overview

    This exceptional 3,144 square foot office building sits on a 0.76-acre lot in Jessup, MD, offering a prime commercial opportunity. Ideally located on high-traffic Route 175, it enjoys close proximity to the Department of Defense, NSA, and COPT Defense installations, as well as numerous retail options, restaurants, new housing developments, and other government offices. The main level boasts solid hardwood floors, three to four office areas, two bathrooms, a large conference room (or office), and a full kitchen/break room. A separate upper level, accessible via a private side entrance, presents a perfect sublet opportunity or space for future business expansion. This area includes two to three additional office spaces, a storage room, and a full bathroom. Both the upper and main levels feature multi-zoned climate control for optimal comfort. The building benefits from recent upgrades, including a new furnace, windows, roof, and updated water heater, significantly reducing operational costs. A large, open lower level with exterior access provides ample storage or additional office space. A fenced courtyard offers privacy and provides access to both the main and upper levels. Ample parking is available with a paved driveway accommodating 14+ cars, and additional paving opportunities exist. A charming Penn Dutch shed with a cement pad, electric, and installed lighting offers versatile storage or other creative uses. The property is zoned W1 – Light Industrial/Commercial, and a list of permitted county businesses is available. This thriving area is experiencing significant growth, presenting a unique opportunity for businesses to capitalize on its potential.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1965
    Total area 2,244 SF
    Lot 0.76 ac (33,106 SF)
    Zoning code SB/R1
    APN 04-000-05632550
    UPID US40-1920830
    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
    Current use
    Occupant on record · Public records
    • Richard Vogt Pa Accounting Firm Tax Preparation
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Owner & transaction history
    Richard C Vogt · 21 yrs held
    Richard C Vogt
    since 2005
    1 recorded transaction
    2005
    $369,000
    Zoning & alternative use
    SB/R1 · Jessup, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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