8890 Mcdonogh Rd -Owings Mills, MD 21117
- Land
- 0.15 AC
Property Details for 8890 Mcdonogh Rd -
- Lot size
- 0.15 AC
- Zone code
- OT
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 02-2500007391
- APU
- 22500007391
Description
This exceptional 1,096-square-foot medical office condominium is ideally situated in Owings Mills, Maryland, at 8890 McDonogh Road, Unit 203. Located in a Class B building constructed in 2010 and extensively renovated in 2022, this owner-user opportunity presents a compelling investment. The asking price is $219,200, translating to a competitive price per square foot of $200. The unit is situated on the second floor of a two-story building and benefits from ample parking, with 350 spaces serving the entire property (a ratio of 350 spaces per 1,000 square feet). The sale includes a $50 per square foot construction credit, allowing the buyer to customize the space to their exact specifications. The property boasts a convenient location at the intersection of McDonogh and Painters Mill Roads. Multi-stall common area restrooms are conveniently located on each floor. Expansion opportunities exist through the potential combination with adjacent units. The 7.5-acre lot provides ample space and a desirable setting for this medical office condominium. This is a rare opportunity to acquire a well-maintained, updated medical office space in a prime Owings Mills location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,113,470
- Hospitality
- $1,019,933
- Educational
- $848,572
- Medical
- $877,756
- Retail
- $1,320,001
Location Insight
- City
- Owings Mills
- County
- Baltimore
- State
- Maryland
- Latitude
- 39.3919
- Longitude
- -76.7876
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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