23076 Three Notch RdCalifornia, MD 20619

  • Office buildings
  • 22,244 SF
For Sale

Property Details for 23076 Three Notch Rd

Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.85 AC
Property size (Sq ft)
22,244 SF
Zone code
RMX
Property type
Office buildings
APN
08-033617
APU
8033617

Description

This exceptional office space, located at 23076 Three Notch Road Unit 201 in California, Maryland, presents a unique opportunity for a discerning professional. Boasting a highly visible location with significant frontage on Three Notch Road, this property benefits from an impressive daily traffic count of 60,000 vehicles, ensuring maximum exposure and accessibility for your business. The office is already built out, eliminating the need for costly renovations and allowing for immediate occupancy. This turnkey solution is perfect for a variety of professional uses, including medical practices, law firms, accounting firms, or other similar businesses. The property sits on a generous 1.85-acre lot, providing ample space and potential for future expansion or outdoor amenities. The building's strategic location and high visibility make it an ideal choice for businesses seeking to establish a strong presence in a thriving community. This is a rare opportunity to secure a well-positioned, ready-to-use office space in a high-traffic area. Don't miss out on this chance to establish your business in a prime location. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,748,522
    6.5%
    $5,306,328
    7%
    $4,927,304
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,714,970
    Geo Method
    $3,714,970
  • Alternative Use

    Use
    Valuation
    Residential
    $6,579,846
    Hospitality
    $6,027,104
    Educational
    $5,014,480
    Medical
    $5,186,935
    Retail
    $7,800,302
23076 Three Notch Rd, California, Maryland

Location Insight

City
California
County
St. Mary's
State
Maryland
Latitude
38.3018
Longitude
-76.5146
CBSA code
15680
CBSA name
CALIFORNIA-LEXINGTON PARK, 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
$29,078
$762,200
$1,989,300
$2,751,500
-
$762,200
$1,989,300
$2,751,500

FAQs

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