20,000 SqFt
20,000 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 20,000 sqft
Price per Sqft $210
MLS Listing ID MDFR2044798
Originating Board BRIGHT
Year Built 2002
Annual Tax Amount $69,734
Tax Year 2023
Lot Size 1.890 Acres
Acres 1.89
Property Description
*Free-Standing 2-Story Medical Building
*Brand New Roof installed in 2023
*$295,067/year NOI in 2023
*3% Escalation Annually
*Proforma NOI $566,777/year
*Potential Additional Income of $271,710/year from Ground Floor Unit
*Across from John Hopkins Community Physicians Building
*Adjacent to Route 15
*Visible by 11,000 Vehicle Per Day
*Located in Frederick Medical Corridor
Location
State MD
County Frederick
Zoning GC
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 110.0
Water Access N
Accessibility Level Entry - Main
Total Parking Spaces 110
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Frederick County Public Schools
Others
Tax ID 1102192691
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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