Christopher Smith 4103397160
Andrew Brink 4103843028

913 Ridgebrook Rd - Building 1 1,655 - 1,818 SF Condo Units Offered at $347,550 - $381,780 Per Unit in Sparks, MD 21152

INVESTMENT HIGHLIGHTS

Medical & General Business Office condominium for sale
100% medical owner occupancy financing with local lenders
Common area restrooms

24 hour access
Free surface parking
Why lease when you can own?

EXECUTIVE SUMMARY

Fully improved office and medical condominiums available for sale or lease. The three story condominium regime provides professional property management, 24 building access, free and unreserved surface parking and well landscaped grounds. The main lobby has automatic double lobby entrance doors, digital lobby directory board, common area restrooms serve each floor and a private mailbox in the mailroom for each unit. The units are seperately metered and the unit owners control their own HVAC system. The building is located in The Highlands Office Park just west of York Road in the North Baltimore County Sparks Submarket. The location offers easy access to Hunt Valley, I- 83, Hereford and York, Pa.

PROPERTY FACTS

Total Building Size	86,811 SF	Typical Floor Size	12,991 SF
Property Type	Office	Year Built	2005
Property Subtype	Medical	Lot Size	6.68 AC
Building Class	A	Parking Ratio	4/1,000 SF
Floors	3
Zoning	ML, County

Total Building Size	86,811 SF
Property Type	Office
Property Subtype	Medical
Building Class	A
Floors	3
Typical Floor Size	12,991 SF
Year Built	2005
Lot Size	6.68 AC
Parking Ratio	4/1,000 SF
Zoning	ML, County

Plug & Play

2 UNITS AVAILABLE

Unit 108

Unit Size	1,655 SF	Condo Use	Office
Price	$347,550	Sale Type	Owner User
Price Per SF	$210.00

Unit Size	1,655 SF
Price	$347,550
Price Per SF	$210.00
Condo Use	Office
Sale Type	Owner User

DESCRIPTION

Fully improved first floor general business office condominium. The unit has a seperate split system HVAC units.

SALE NOTES

Assume 85/15 owner occupancy financing with local lenders. 15% down and a loan for $295,417.50 @ 6.5% interest and a 25 year amortization = $1,995 monthly ($14.46 rsf) + $469 monthly condo fee. Real estate taxes are paid to Baltimore County as one payment in full or semi-annual payments. Annual real estate taxes are currently $4,291.

+8 More

Interior Photo

913-108 floor plan

Interior Photo

1 of 13

VIDEOS

3D TOUR

PHOTOS

STREET VIEW STREET

MAP

1/13

913 Ridgebrook Rd, Sparks, MD 21152 - Unit 108 - - Interior Photo - Image 1 of 13 — Interior Photo

913 Ridgebrook Rd, Sparks, MD 21152 - Unit 108 - - Floor Plan - Image 2 of 13 — 913-108 floor plan

913 Ridgebrook Rd, Sparks, MD 21152 - Unit 108 - - Interior Photo - Image 3 of 13 — Interior Photo

913 Ridgebrook Rd, Sparks, MD 21152 - Unit 108 - - Interior Photo - Image 4 of 13 — Interior Photo

913 Ridgebrook Rd, Sparks, MD 21152 - Unit 108 - - Interior Photo - Image 5 of 13 — Interior Photo

913 Ridgebrook Rd, Sparks, MD 21152 - Unit 108 - - Interior Photo - Image 6 of 13 — Interior Photo

913 Ridgebrook Rd, Sparks, MD 21152 - Unit 108 - - Interior Photo - Image 7 of 13 — Interior Photo

913 Ridgebrook Rd, Sparks, MD 21152 - Unit 108 - - Interior Photo - Image 8 of 13 — Interior Photo

913 Ridgebrook Rd, Sparks, MD 21152 - Unit 108 - - Interior Photo - Image 9 of 13 — Interior Photo

913 Ridgebrook Rd, Sparks, MD 21152 - Unit 108 - - Interior Photo - Image 10 of 13 — Interior Photo

913 Ridgebrook Rd, Sparks, MD 21152 - Unit 108 - - Interior Photo - Image 11 of 13 — Interior Photo

913 Ridgebrook Rd, Sparks, MD 21152 - Unit 108 - - Interior Photo - Image 12 of 13 — Interior Photo

913 Ridgebrook Rd, Sparks, MD 21152 - Unit 108 - - Interior Photo - Image 13 of 13 — Interior Photo

Unit 314

Unit Size	1,818 SF	Condo Use	Office/Medical
Price	$381,780	Sale Type	Owner User
Price Per SF	$210.00

Unit Size	1,818 SF
Price	$381,780
Price Per SF	$210.00
Condo Use	Office/Medical
Sale Type	Owner User

DESCRIPTION

Fully improved third floor corner office condominium available for sale. The current use of the space is a medical laboratory space with plumbing and cabinetry in several rooms. The zoning permits both medical and general business office uses. Can be combined with the adjacent 1,793 rsf medical office for a total of 3,611 rsf contiguous area.
This top-floor corner unit was previously used as a sterile laboratory space, with newly-installed flooring, built-in shelving, and electrical upgrades to support the operation of multiple units of power-intensive laboratory equipment. Duct lines, plumbing lines, and wiring are installed behind dropped ceilings to ensure the sterile nature of the environment and remove the risk of spark or dust interactions. Unit features insulated walls and windows for life science usage. Decentralized HVAC system with in-office controls permit personalization of temperature for the unit.

SALE NOTES

Local lender offering competitive owner occupancy financing terms including an 85/15 LTV. Financing @ 80/20 LTV with $76,356 down payment and a loan for $305,424 @ 6% interest and a 25 year amortization = $1968 monthly ($12.99 rsf) plus monthly condo fees and annual real estate taxes. Why lease when you can own for less?