251 Lewis LnHavre de Grace, MD 21078

Property Details for 251 Lewis Ln

Year built

2008

Property size (Sq ft)

2,425 SF

Zone code

C

Property type

Office properties

APN

06-081959

APU

6081959

Description

This 2,484-square-foot medical office suite, located at 251 Lewis Ln, Suite 204, Havre de Grace, MD 21078, presents a unique owner/user investment opportunity. Built in 2008, the space boasts an open floor plan with abundant natural light from numerous windows. The interior features a fully sprinklered system, full studding, and impressive 10.5-foot ceilings. Ideal for a variety of medical uses, including a medical office or surgical center, this property is zoned C (Commercial). Ample parking is available, including overflow parking at the rear of the building, and a convenient drive-up awning enhances patient accessibility. An elevator provides convenient access to the suite, complemented by a rear stairwell exit. The asking price is significantly below both market and assessed value. Enjoy excellent access to major roadways, including Route 40 and I-95. This is a turnkey opportunity for a medical professional seeking a well-appointed and strategically located office space. The building consists of one building.

• CAP approach

  CAP return

  Valuation

  6%

  $424,205

  6.5%

  $391,574

  7%

  $363,604

• Comparable approach

  Method

  Valuation

  Relative Method

  $185,948

  Geo Method

  $152,557

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $757,470

  Retail / Commercial

  $391,060

  Mixed-Use / Specialty

  $391,740

  Hospitality / Lodging

  $290,109

  Institutional / Educational

  $407,994

  Residential Income

  $477,352

  Multifamily

  $561,008

  Automotive / Energy

  $349,709

  Parking / Income-Based Land

  $118,630

  Restaurant / Food Service

  $208,175

  Healthcare / Senior Housing

  $399,595

Location Insight

City

Havre De Grace

County

Harford

State

Maryland

Latitude

39.5462

Longitude

-76.1058

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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