1655 Crofton BlvdCrofton, MD 21114

Property Details for 1655 Crofton Blvd

Year built

1987

Construction

BRICK

Lot size

2.09 AC

Property size (Sq ft)

15,370 SF

Zone code

C2

Property type

Office properties

Property subtype

Office buildings

APN

02-206-90023257

APU

220690023257

Description

This exceptional office property at 1655 Crofton Blvd in Crofton, Maryland, offers a variety of flexible spaces ideal for businesses of all sizes. Located in the I-97/Crain Highway Corridor within Anne Arundel County, this 30,000 square foot building boasts a convenient location and ample parking. The property, built in 1986 and zoned C2, sits on a 2.09-acre lot. Multiple tenancy options are available, with spaces ranging from a minimum of 1,037 square feet to a maximum contiguous space of 7,345 square feet. Currently, 11,397 square feet is vacant and ready for immediate occupancy. First-floor units offer up to 3,100 square feet at a rate of $30 per square foot (NNN), while second-floor units offer similar space at $26.50 per square foot (full service). The entire building is also available for purchase for $7,500,000. This presents a unique opportunity to establish a presence in a thriving business community with excellent accessibility and visibility. Don't miss this chance to secure your ideal office space in this highly sought-after location. Contact us today to schedule a viewing and discuss your specific needs. The zip code is 21114.

• CAP approach

  CAP return

  Valuation

  6%

  $2,484,163

  6.5%

  $2,293,074

  7%

  $2,129,283

• Comparable approach

  Method

  Valuation

  Relative Method

  $897,856

  Geo Method

  $966,927

• Alternative Use

  Use

  Valuation

  Residential

  $2,843,412

  Hospitality

  $2,604,550

  Educational

  $2,166,955

  Medical

  $2,241,480

  Retail

  $3,370,818

Location Insight

City

Crofton

County

Anne Arundel

State

Maryland

Latitude

39.0166

Longitude

-76.6974

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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