Property profile

9956 Main St Berlin, MD 21811

OFF-MARKET
Office Spaces
Property ID
US40-1984778
1,620 SF Built 2007
Entity Owned 4-yr Hold
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Property summary

AI-generated overview

This exceptional 1,620 square foot medical/professional office space is ideally situated at the intersection of Routes 50 and 113 in Berlin, Maryland. Located within close proximity to Atlantic General Hospital, this property offers unparalleled convenience and high visibility. The building boasts a thriving medical park environment, already home to a diverse range of established medical practices including Aquacare Physical Therapy, Anne Arundel Dermatology, Peninsula Nephrology, Acadia Counseling and Wellness, PRMC, Devita Dialysis, Tilghman Orthodontics, Chesapeake Healthcare, Optimal Health Chiropractic, and Shore Foot and Ankle. This ensures a strong existing patient base and synergistic opportunities for new tenants. The asking price is $445,500, representing a net rate of $17.50 per square foot, triple net (NNN). The property is offered with owner financing options available for qualified buyers, making this an attractive investment opportunity for those seeking a strong return in a high-demand location. The property is situated on a 0-acre lot and presents a turnkey solution for medical professionals seeking a well-established and convenient location to serve the community. This is a rare opportunity to acquire a thriving medical office space in a prime location with excellent potential for growth and profitability. Serious inquiries are encouraged.

Property profile

Verified
Property type Office Spaces
Year built 2007
Total area 1,620 SF
UPID US40-1984778

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
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Medical Clinic Alternative Medicine Practice
  • Alternative Medicine Practice
  • Medical Clinic

Location

9956 Main St Berlin, MD 21811
Berlin metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2022
1 recorded transaction
2022
$935,000

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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