7625 Maple Lawn BlvdFulton, MD 20759

  • Office properties
  • 2,020 SF
For Sale
$725,000 View listing

Property Details for 7625 Maple Lawn Blvd

Year built
2009
Lot size
4.94 AC
Property size (Sq ft)
2,020 SF
Property type
Office properties
APN
05-454158
APU
5454158

Description

This 1,770 square foot medical office condo, located in the well-maintained Midtown Medical Park in Fulton, Maryland, presents a fantastic opportunity. Situated on the second floor, this unit boasts high ceilings, engineered hardwood floors, and abundant natural light from large windows offering street views. Currently configured as a dental practice, the space includes multiple operatory/examination rooms, each with water access. Ample cabinetry and storage are integrated throughout the functional layout. A spacious reception area, a modern bathroom, and two separate entry points ensure smooth patient flow and privacy. The professional atmosphere is enhanced by the convenient location within a well-maintained medical office park providing ample parking and elevator access. Condo fees are $725.90. Some medical equipment may be available for purchase. This move-in ready space offers a rare chance to acquire a bright, well-designed, and ideally located medical office in Fulton.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $399,403
    6.5%
    $368,680
    7%
    $342,346
  • Comparable approach

    Method
    Valuation
    Relative Method
    $137,242
    Geo Method
    $127,078
  • Alternative Use

    Use
    Valuation
    Residential
    $457,163
    Hospitality
    $418,759
    Educational
    $348,403
    Medical
    $360,385
    Retail
    $541,960

Location Insight

City
Fulton
County
Howard
State
Maryland
Latitude
39.1576
Longitude
-76.9032
CBSA code
12580
CBSA name
BALTIMORE-TOWSON, 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
2022
$7,961
$282,800
$424,200
$707,000
-
$282,800
$424,200
$707,000

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