6031 University BlvdEllicott City, MD 21043

  • Office buildings
  • 79,032 SF

Property Details for 6031 University Blvd

Year built
2005
Construction
CONCRETE
Lot size
4.82 AC
Property size (Sq ft)
79,032 SF
Zone code
POR
Property type
Office buildings
APN
01-290932
APU
1290932

Description

This exceptional office space in Columbia Corporate Park's Building IV offers a prime location in Ellicott City, Maryland's thriving Columbia South submarket. Situated at 6031 University Blvd, zip code 21043, this three-story building boasts 75,368 square feet of total space, with 16,839 square feet currently available for lease. Flexible floor plans accommodate various business needs, ranging from a minimum of 2,384 square feet to a maximum contiguous space of 10,467 square feet. The property is part of a larger five-building complex situated on a generous 26-acre lot, providing ample parking with 807 spaces available. The building's executive office subtype caters to businesses seeking a prestigious and efficient workspace. Its location in Howard County offers easy access to major transportation routes and amenities. This is an excellent opportunity for businesses seeking high-quality office space in a desirable location. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this thriving community. The property is classified as multi-tenant.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,978,414
    6.5%
    $13,826,228
    7%
    $12,838,640
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,751,830
    Geo Method
    $4,971,903
  • Alternative Use

    Use
    Valuation
    Residential
    $17,144,522
    Hospitality
    $15,704,291
    Educational
    $13,065,785
    Medical
    $13,515,138
    Retail
    $20,324,556

Location Insight

City
Ellicott City
County
Howard
State
Maryland
Latitude
39.2095
Longitude
-76.7954
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
$140,557
$2,519,500
$11,031,500
$13,551,000
-
$2,519,500
$11,031,500
$13,551,000

FAQs

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