3454 Ellicott Ctr Dr, Ellicott City, MD 21043-4113
This exceptional 1,976 square foot medical office suite is available for purchase in the highly desirable Ellicott City, Maryland market. Located at 3454 Ellicott Center Drive, Suite 102, this Class B property boasts a prime location, just a quarter-mile from Routes 40 and 29, and within 20-25 minutes of Baltimore/Washington International Thurgood Marshall Airport (BWI). The building, renovated in 2020, features two stories and offers a completely renovated interior. Improvements include a new high-efficiency HVAC system (48,000 BTU), new thermal window replacements, updated restrooms, new commercial-grade carpeting, and new LED recessed lighting throughout. The space is meticulously maintained and wired for optimal functionality, including Gigabit Cat6 ethernet with POE capabilities, a Netgear 24-port Gigabit POE router, and a Watchguard Firebox hardware firewall. Additional features include a new water heater and expansion tank, new sound-insulated HVAC ductwork, and a new 9,000 BTU mini-split HVAC system in the graphics room. The property is vacant and ready for immediate occupancy with a lease commencement date of June 24, 2024. The asking price is $452,000, representing a price per square foot of $228.74. This turnkey medical office presents a unique opportunity for immediate use or investment. The property is a modified lease type and includes an electronic door lock with visitor camera/audio and reception release button. This is a truly pristine and move-in ready space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
B2 · Ellicott City, MDEllicott City. 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.