5 Crain HwyGlen Burnie, MD 21061

Property Details for 5 Crain Hwy

Lot size

0.11 AC

Property size (Sq ft)

4,682 SF

Zone code

TC

Property type

Office properties

APN

05-216-90077597

APU

521690077597

Description

This exceptional 3,200 square foot office space is ideally situated at the intersection of Crain Highway and Baltimore Annapolis Boulevard in Anne Arundel County. The property is part of a larger two-story building totaling 10,956 square feet, offering a single-tenant occupancy. The space boasts a 10-foot ceiling height and is zoned Town Center, allowing for flexible use as either office or retail space. A significant advantage is the ample parking available. The building includes a side and rear parking lot, supplemented by a nearby public parking garage offering over 400 spaces. The property's previous use as a dental office leaves existing plumbing infrastructure in place, presenting a potential benefit for medical or dental practices. This versatile space presents a unique opportunity for businesses seeking a convenient and well-equipped location with excellent accessibility and parking. The annual property tax cost is $1 per square foot. The building offers a variety of potential uses, including traditional office, coworking, medical office, creative office, and executive office spaces. This prime location and flexible zoning make this property an attractive investment.

• CAP approach

  CAP return

  Valuation

  6%

  $1,009,547

  6.5%

  $931,890

  7%

  $865,326

• Comparable approach

  Method

  Valuation

  Relative Method

  $294,545

  Geo Method

  $294,545

• Alternative Use

  Use

  Valuation

  Residential

  $1,155,543

  Hospitality

  $1,058,472

  Educational

  $880,636

  Medical

  $910,922

  Retail

  $1,369,878

Location Insight

City

Glen Burnie

County

Anne Arundel

State

Maryland

Latitude

39.164

Longitude

-76.6252

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].