5570 Sterrett Place, Columbia, MD 21044


Property Details

900 SF includes the core factor. Space is approximately 20' x 40' with a nice window line

  • County: HOWARD
  • Property Size: 36500 sq. ft.
  • Current Vacancy: 10 %
  • Avg. Rental Rate: 20 psf
  • Year Built: 1981

Additional Details

  • Property Class: Class B. Most common type. Smaller size with more moderate rents.
  • Large Tenant Exposure: No, it's an even mix.
  • Large Tenant Exposure: Excellent. Building can be easily seen from one or more roads.
  • Access: Limited entry/exit yet easily used.
  • Traffic Light: Shared
  • Condition of Property: Moderate. Minor repairs/updating required. Mainly cosmetic.
  • Parking: Excellent. Ample parking available.
  • Proximity to Highway: Excellent
  • Proximity to Amenities: Multiple options for services
  • LEED Certification: No
  • Curb Appeal: Clean, tidy, and well maintained.

Market vs. Property Comparison

Avg. Rental Rate
Current Vacancy
Cap Score

The Cap Score

Cap Score
5.6% (4.76% to 6.44%)

Estimated Value
$9,087,118.93 ($248.96 psf)

Estimated NOI

Market Score Strong
Property Score Average

What If Analysis?

  Entered Data Adjustment Points Recalculated Metrics  
Current Vacancy Rate 10.0% Lower Current Vacancy Rate    Raise Current Vacancy Rate Adjusted Cap Rate 4.72%
Average Rental Rate $20 Lower Average Rental Rate    Raise Average Rental Rate Adjusted Value $10,787,605.93
Unemployment Rate 5% Lower Unemployment Rate    Raise Unemployment Rate Differential  

For Lease $20

The Cap Score:
5.6% (4.76% to 6.44%)
Estimated Value:
$9,087,118.93 ($248.96 psf)
Estimated NOI:

Contact The Agent

Mike Foundos

Foundos & Associates, LLC

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