8850 Stanford BlvdColumbia, MD 21045

Property Details for 8850 Stanford Blvd

Year built

1989

Construction

STEEL FRAME

Lot size

6.56 AC

Property size (Sq ft)

103,203 SF

Zone code

NT

Property type

Office buildings

APN

16-191140

APU

16191140

Description

Columbia Corporate Park 1, located at 8850 Stanford Boulevard in Columbia, Maryland (zip code 21045), offers exceptional Class A office space for lease. This four-story building boasts a total of 482,936 square feet, situated on a generous 88-acre lot in the desirable Columbia South submarket of Howard County. Multiple tenancy options are available, with spaces ranging from a minimum of 2,439 square feet to a maximum contiguous space of 12,016 square feet. Currently, 35,204 square feet of space is vacant and ready for immediate occupancy. The building features attractive 9' to 10' ceilings, providing a spacious and modern feel. Ample parking is provided with 433 spaces available for tenants and their guests. The property's prime location in Columbia, MD offers easy access to major transportation routes and amenities. This executive office space is ideal for businesses seeking a prestigious and functional workspace in a thriving community. Interested parties should inquire about available space and lease terms. The property is categorized as Executive Office and is part of the larger Columbia Corporate Park development.

• CAP approach

  CAP return

  Valuation

  6%

  $20,033,026

  6.5%

  $18,492,024

  7%

  $17,171,164

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,786,905

  Geo Method

  $6,492,500

• Alternative Use

  Use

  Valuation

  Residential

  $22,930,108

  Hospitality

  $21,003,856

  Educational

  $17,474,962

  Medical

  $18,075,952

  Retail

  $27,183,274

Location Insight

City

Columbia

County

Howard

State

Maryland

Latitude

39.1908

Longitude

-76.8148

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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