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    Property profile & analytics
    OFF-MARKET Estimated value $530,000
    Office buildings

    4300 Rdg Rd, Nottingham, MD 21236-3702

    1,384 SF 0.57 ac lot Built 1942
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US40-0505516
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1942
    Total area 1,384 SF
    Lot 0.57 ac (24,642 SF)
    Zoning code RO
    APN 14-1402037100
    UPID US40-0505516
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $530k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $475k
    Blend (final) Blend
    $530k
    Owner & transaction history
    Hcp Ridge LLC · 1 yrs held
    Hcp Ridge LLC
    since 2024
    Last sale
    $530,000
    7 recorded transactions
    2024
    $530,000
    2024
    2023
    $310,000
    2017
    2013
    $500,000
    2009
    1969
    Zoning & alternative use
    RO · Nottingham, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $395,000 +39.8%
    Auto repair, garage $320,000 +12.4%
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