Property profile

3454 Ellicott Ctr Dr Ellicott City, MD 21043

OFF-MARKET
Office Spaces
Property ID
US40-1194205
1,976 SF 1.11 ac lot Built 1988
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1988
Total area 1,976 SF
Lot 1.11 ac (48,352 SF)
Zoning code B2
APN 02-330946
UPID US40-1194205

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3454 Ellicott Ctr Dr Ellicott City, MD 21043-4113
Ellicott City metro Census 602800 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$420k

Owner & transaction history

since 2025
Last sale
$430,000
7 recorded transactions
2025
$170,000
2025
$430,000
2024
Price N/A
2022
Price N/A
2021
$173,300
2020
$345,000
2018
$350,000

Zoning & alternative use

B2 · Ellicott City, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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