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Property profile & analytics
OFF-MARKET Estimated value $5,090,000
Office buildings

9920 Franklin Sq Dr Baltimore, MD 21236-4971

44,748 SF 3.02 ac lot Built 2005
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US40-0703774
Property summary
AI-generated overview

Franklin Ridge III, a premier two-story, 43,516 square foot medical and traditional office building, offers multiple tenancy options in the thriving White Marsh submarket. Built in 2005 and extensively renovated in 2024, this single building boasts abundant natural light, superb window lines, and recently updated common areas. Spaces range from 1,900 to 20,208 contiguous square feet, catering to a variety of business needs. The property features 247 parking spaces and elevators for convenient access. Its strategic location just off I-95 and Campbell Boulevard provides easy access for employees, customers, and patients, with proximity to major highways (I-695, Rt. 43, Rt. 40, and Rt. 7). The building is situated within a vibrant business community, offering walkability to over two million square feet of retail amenities and is near significant residential and senior housing developments. Furthermore, its location within an established medical destination, near MedStar Franklin Square Hospital, Kaiser Permanente's White Marsh Medical Center, and Johns Hopkins Health and Surgery Center, makes it an ideal location for medical practices. Exterior building signage opportunities are also available.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2005
Total area 44,748 SF
Lot 3.02 ac (131,551 SF)
Zoning code ML
APN 14-2400010100
UPID US40-0703774
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
Current use
Occupant on record · Public records
  • Strayer University High School
  • Sontiq Corporate Office
  • Dr. Holly Rose Physician
  • EZShield, A Sontiq Brand Security Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.17M
Blend (final) Blend
$5.09M
Owner & transaction history
Standard Insurance Company · 2 yrs held
Standard Insurance Company
since 2024
5 recorded transactions
2024
Price N/A
2024
$2.1M
2015
$7.8M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
ML · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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