8114 Sandpiper CirNottingham, MD 21236

Property Details for 8114 Sandpiper Cir

Construction

BRICK

Lot size

3.99 AC

Property size (Sq ft)

48,004 SF

Zone code

ML

Property type

Office buildings

APN

14-2000001218

APU

142000001218

Description

This exceptional medical office building, situated in the thriving White Marsh Business Community in Nottingham, MD, presents a unique opportunity for medical practitioners. Boasting a highly visible location with excellent access to major transportation routes, this property benefits from the immediate proximity of abundant amenities, including The Avenue at White Marsh and The White Marsh Mall, providing tenants and visitors with a wealth of retail and service options. The strategic location is further enhanced by its close proximity to a significant concentration of residential and senior housing, ensuring a robust patient base. This building is ideally positioned within an established medical hub, just miles from major healthcare facilities such as MedStar Franklin Square Hospital (a 350-bed hospital and the third largest in Maryland), Kaiser Permanente's White Marsh Medical Center, and Johns Hopkins Health and Surgery Center. Two suites are currently available for lease. Suite 110 offers 1612 rentable square feet at a price of $20.50 per square foot, full service. Suite 116 comprises 1602 rentable square feet and is priced at $24.75 per square foot, full service. The property is situated on a 3.99-acre lot, offering ample space and visibility. This is an unparalleled opportunity to establish or expand a medical practice in a high-demand, amenity-rich location.

• CAP approach

  CAP return

  Valuation

  6%

  $10,350,771

  6.5%

  $9,554,558

  7%

  $8,872,090

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,019,932

  Geo Method

  $3,019,932

• Alternative Use

  Use

  Valuation

  Residential

  $11,847,652

  Hospitality

  $10,852,386

  Educational

  $9,029,057

  Medical

  $9,339,581

  Retail

  $14,045,200

Location Insight

City

Baltimore

County

Baltimore

State

Maryland

Latitude

39.3713

Longitude

-76.4726

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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