7845 Oakwood RdGlen Burnie, MD 21061

Property Details for 7845 Oakwood Rd

Year built

1979

Construction

BRICK

Lot size

0.87 AC

Property size (Sq ft)

27,030 SF

Zone code

C2

Property type

Medical offices

Property subtype

Medical centers

APN

03-360-08377528

APU

336008377528

Description

This exceptional Class B medical office building, located at 7845 Oakwood Rd in Glen Burnie, Maryland, offers a fantastic opportunity for medical professionals seeking flexible and conveniently located space. The property, built in 1980, boasts a total of 27,000 square feet and features multiple tenancies. Currently, there are several suites available, ranging in size from a minimum of 889 square feet to a maximum contiguous space of 2,399 square feet. A total of 3,288 square feet is currently vacant and ready for immediate occupancy. The building is ideally situated less than half a mile from the University of Maryland Baltimore Washington Medical Center, providing excellent access to a large patient base and fostering opportunities for collaboration and referrals. This prime location in Anne Arundel County (zip code 21061) offers easy access to major transportation routes, ensuring convenient commutes for both staff and patients. The building's design caters to the specific needs of medical practices, offering a professional and efficient environment. This is an excellent opportunity to establish or expand your medical practice in a thriving and well-connected community. Contact us today to learn more about the available suites and schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $5,828,292

  6.5%

  $5,379,962

  7%

  $4,995,679

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,700,457

  Geo Method

  $1,700,457

• Alternative Use

  Use

  Valuation

  Residential

  $6,671,153

  Hospitality

  $6,110,740

  Educational

  $5,084,064

  Medical

  $5,258,913

  Retail

  $7,908,544

Location Insight

City

Glen Burnie

County

Anne Arundel

State

Maryland

Latitude

39.141

Longitude

-76.6179

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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