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Property profile & analytics

4300 Rdg Rd Nottingham, MD 21236-3702

  • Office buildings
  • 1,384 SF
  • 0.57 lot acres
OFF-MARKET
Last Sale
Oct 03, 2024
$530,000
Value Estimations
$530,000
Show details
Cap Rate Potential
3.9%
Office buildings
Location Intelligence
Property ID
US40-0505516
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Office buildings

Property Details for 4300 Rdg Rd

Year built
1942
Lot size
0.57 lot acres
Property size
1,384 SF
Zone code
RO
Property type
Office buildings
APN
14-1402037100
APU
141402037100

Description

This exceptional investment opportunity presents two free-standing buildings totaling 4,056 square feet situated on a 0.69-acre lot in Nottingham, Maryland's desirable Baltimore County East submarket. The property, located at 4300 Ridge Rd, features a Class B designation and boasts recent renovations completed in 2023. The buildings, constructed in 1975, offer a blend of retail and creative office space, perfectly suited for a variety of uses. One building, 4300A Ridge Road, comprises 2,156 square feet of vacant space, distributed across two levels. This unit includes office space, a drive-thru warehouse, and a fenced yard, providing ample flexibility for potential tenants. The second building, 4300 Ridge Road, encompasses 1,900 square feet and is currently leased to Leviticus Cigars under a five-year lease commencing October 1, 2023, with a first-year base rent of $33,600. Tenant responsibilities include BGE expenses, while the landlord covers snow removal, water, and landscaping. The property benefits from a BL zoning designation, permitting a wide array of retail and office uses. Shared surface parking is available for both buildings, and exterior building signage is permitted on both structures. The property's location on Ridge Road, near Bel Air Road, ensures high visibility and accessibility. With its combination of vacant and leased space, this property offers a compelling investment opportunity with strong potential for future growth and income generation. Property taxes are $1 per square foot.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $530,000
    ML approach
    $530,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $475,000
    Market price range: $158k - $475k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Nottingham
County
Baltimore
State
Maryland
Longitude
-76.5041
Latitude
39.3759
CBSA code
12580
CBSA name
BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,731
$265,200
$229,800
$495,000
-
$265,200
$229,800
$495,000
More about this property
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