Property profile

7845 Oakwood Rd Glen Burnie, MD 21061

FOR LEASE
Medical Office Space
Property ID
US40-1413472
27,030 SF 0.87 ac lot Built 1979
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class B medical office building, located at 7845 Oakwood Rd in Glen Burnie, Maryland, offers a fantastic opportunity for medical professionals seeking flexible and conveniently located space. The property, built in 1980, boasts a total of 27,000 square feet and features multiple tenancies. Currently, there are several suites available, ranging in size from a minimum of 889 square feet to a maximum contiguous space of 2,399 square feet. A total of 3,288 square feet is currently vacant and ready for immediate occupancy. The building is ideally situated less than half a mile from the University of Maryland Baltimore Washington Medical Center, providing excellent access to a large patient base and fostering opportunities for collaboration and referrals. This prime location in Anne Arundel County (zip code 21061) offers easy access to major transportation routes, ensuring convenient commutes for both staff and patients. The building's design caters to the specific needs of medical practices, offering a professional and efficient environment. This is an excellent opportunity to establish or expand your medical practice in a thriving and well-connected community. Contact us today to learn more about the available suites and schedule a viewing.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1979
Construction BRICK
Total area 27,030 SF
Lot 0.87 ac (37,897 SF)
Zoning code C2
APN 03-360-08377528
UPID US40-1413472

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Electrical Service General Contractor
  • Pediatrician Physician
  • Physician
  • Physician Medical Clinic
  • Physician Medical Clinic

Location

7845 Oakwood Rd Glen Burnie, MD 21061
Glen Burnie metro Census 730404 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.04M
Blend (final) Blend
$3.35M

Owner & transaction history

since 2023
Last sale
$2.8M
2 recorded transactions
2023
$2.8M
2023
Price N/A

Zoning & alternative use

C2 · Glen Burnie, 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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