6700 Ridge RdRosedale, MD 21237

  • Medical offices
  • 4,600 SF
For Lease
$23,400/SF/YR View listing

Property Details for 6700 Ridge Rd

Construction
BRICK
Lot size
0.59 AC
Property size (Sq ft)
4,600 SF
Zone code
DR16
Property type
Medical offices
Property subtype
Medical centers
APN
14-1408000100
APU
141408000100

Description

This exceptional office property, located at 6700 Ridge Rd in Rosedale, Maryland, offers a variety of flexible spaces ideal for various business needs. The 5,000 square foot building features four suites, with 2,350 square feet currently available. Individual suites range from a minimum of 1,100 square feet up to the entire 5,000 square feet, allowing for customization to suit different business sizes and configurations. The property is classified as a Traditional Office, Medical Office, and Executive Office space, making it versatile and adaptable. Amenities include ample parking, prominent signage opportunities, and convenient access to public transportation. Its strategic location offers easy access to major roadways, being just one mile from a Beltway exit. Furthermore, the property enjoys a highly desirable location within walking distance of both Community College of Baltimore County (CCBC) and Franklin Square Hospital, providing excellent visibility and accessibility. This presents a unique opportunity to secure a well-appointed office space in a thriving Baltimore County East submarket, within Baltimore County, Maryland, zip code 21237. The property's diverse suite sizes and prime location make it an attractive option for a wide range of businesses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $991,866
    6.5%
    $915,569
    7%
    $850,171
  • Comparable approach

    Method
    Valuation
    Relative Method
    $289,386
    Geo Method
    $289,386
  • Alternative Use

    Use
    Valuation
    Residential
    $1,135,305
    Hospitality
    $1,039,934
    Educational
    $865,213
    Medical
    $894,969
    Retail
    $1,345,886

Location Insight

City
Baltimore
County
Baltimore
State
Maryland
Latitude
39.3443
Longitude
-76.4866
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
2023
$5,346
-
-
$796,000
-
$205,500
$591,300
$796,800

FAQs

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