2200 Defense HwyCrofton, MD 21114

Property Details for 2200 Defense Hwy

Year built

1985

Construction

BRICK

Lot size

4.04 AC

Property size (Sq ft)

65,780 SF

Zone code

C1B

Property type

Office properties

Property subtype

Office buildings

APN

02-000-90052149

APU

200090052149

Description

This exceptional Class A medical and professional office building, located at 2200 Defense Highway in Crofton, Maryland, offers a prime opportunity for businesses seeking high-quality space. The single, four-story building, constructed in 1990 and extensively renovated in 2022, boasts a total of 65,780 square feet. Four suites are available, with sizes ranging from a minimum of 1,273 square feet to a maximum contiguous space of 3,301 square feet. A total of 9,475 square feet is currently vacant, providing flexibility for various business needs. The building is situated on a 4.04-acre lot and features convenient amenities including elevators. Its strategic location on Defense Highway (Maryland Route 3) in the Crofton submarket of Anne Arundel County ensures excellent visibility and accessibility. The property is zoned C1 and benefits from its proximity to major transportation routes. This meticulously maintained building offers a modern and efficient workspace, ideal for medical practices or professional offices seeking a prestigious address in a thriving community. The building's recent renovation ensures modern finishes and updated systems, providing a comfortable and productive environment for tenants. The available spaces provide a unique opportunity to establish or expand your business in a highly desirable location. Contact us today to learn more about leasing opportunities.

• CAP approach

  CAP return

  Valuation

  6%

  $10,631,637

  6.5%

  $9,813,819

  7%

  $9,112,832

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,842,612

  Geo Method

  $4,138,220

• Alternative Use

  Use

  Valuation

  Residential

  $12,169,136

  Hospitality

  $11,146,863

  Educational

  $9,274,059

  Medical

  $9,593,008

  Retail

  $14,426,314

Location Insight

City

Crofton

County

Anne Arundel

State

Maryland

Latitude

38.9929

Longitude

-76.7008

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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