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Property profile & analytics
FOR SALE
Office buildings

2893 Jessup Rd Jessup, MD 20794

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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
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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