3481 Pike Rdg Rd Edgewater, MD 21037-2205
- Industrial properties
- 9,433 SF
- 0.79 lot acres
Current Use by Public Records
- Bausum & Duckett Electric / Electrician
- Suttons Auto Repair / Auto Repair Shop
Property Details for 3481 Pike Rdg Rd
- Year built
- 1966
- Construction
- BRICK
- Lot size
- 0.79 lot acres
- Property size
- 9,433 SF
- Zone code
- C4
- Property type
- Industrial properties
- Property subtype
- Loft space
- APN
- 01-744-00437200
- APU
- 174400437200
Description
This exceptional commercial property in Edgewater, Maryland, presents a unique investment opportunity. Situated on a 0.79-acre lot at 3481 Pike Ridge Road, this C4-rated building offers a combined office and warehouse space exceeding 9,000 square feet. Currently, a portion of the space (3,000 square feet) is available for lease at $17.00 per square foot. However, the owner is highly flexible and willing to subdivide the property to meet specific tenant needs. Build-to-suit options are also available at a rate of $18.75 per square foot. The adaptable layout allows for various configurations, with office space ranging from 1,500 to 6,000 square feet and up to 3,000 square feet of warehouse space. This prime location offers unparalleled convenience and accessibility. The property is available for occupancy beginning January 1st, 2025. Contact the property owner for further details and to discuss your specific requirements. This is an exceptional opportunity to secure a highly desirable space in a thriving Edgewater market. Don't miss out on this chance to establish your business in a well-positioned and versatile property.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $365,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $290,000
- 6.5%
- $325,000
- 7%
- $325,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $305,000
- Geo Method
- $300,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $355,000
- Retail
- $300,000
- Mixed-Use
- $380,000
- Hospitality
- $355,000
- Educational
- $360,000
- Residential Income
- $320,000
- Energy
- $340,000
- Income-Based Land
- $335,000
- Food Service
- $305,000
Location Insight
- Map
- Local Demand
- City
- Edgewater
- County
- Anne Arundel
- State
- Maryland
- Longitude
- -76.5731
- Latitude
- 38.9288
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA