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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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