5300 Dorsey Hall DrEllicott City, MD 21042

Property Details for 5300 Dorsey Hall Dr

Year built

2005

Lot size

1.70 AC

Property size (Sq ft)

3,919 SF

Zone code

POR

Property type

Office properties

APN

02-416646

APU

2416646

Description

This exceptional 1,422-square-foot office suite, located at 5300 Dorsey Hall Drive in Ellicott City, Maryland, presents a unique opportunity for businesses seeking a modern and versatile workspace. Situated in a Class B building, this newly renovated (2022) space boasts a desirable corner location with abundant natural light. The suite is entirely vacant and ready for immediate occupancy. Its adaptable layout, featuring multiple rooms, allows for customization to suit diverse operational needs. A convenient kitchenette is included for staff and client use. The building itself offers significant advantages, including convenient parking, a single elevator, and a security system, ensuring a safe and comfortable environment. The property's prime location provides easy access to major highways and nearby shopping amenities. The zoning is commercial, and the property is located in Howard County's Frederick submarket, within the DC, Balt submarket cluster. The two-story building is part of a multi-tenant occupancy. The address is 5300 Dorsey Hall Drive, Ellicott City, MD 21042, with a cross street of Route 108.

• CAP approach

  CAP return

  Valuation

  6%

  $749,901

  6.5%

  $692,216

  7%

  $642,772

• Comparable approach

  Method

  Valuation

  Relative Method

  $257,672

  Geo Method

  $246,544

• Alternative Use

  Use

  Valuation

  Residential

  $858,348

  Hospitality

  $786,242

  Educational

  $654,144

  Medical

  $676,641

  Retail

  $1,017,558

Location Insight

City

Ellicott City

County

Howard

State

Maryland

Latitude

39.2455

Longitude

-76.8327

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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