7230 Lee Deforest DrColumbia, MD 21046

For Sale
$1,950,000

20,148 SF, Class A, Bank-Owned, Priced to Sell

Overview

Added:
Dec 11, 2024
Days on market:
93
Exceptional opportunity to acquire a 20,148+/- square foot Class A executive office suite in Columbia, MD's Gateway Center. This bank-owned property, currently vacant except for a month-to-month tenant (vacating at buyer's option), is priced significantly below its $5,037,000 2024 tax assessment at just $1,950,000. Located at 7230 Lee Deforest Dr #200, Howard County, this suite boasts high-end finishes, including a large reception area, multiple executive and private offices, conference rooms, an open office area, and a full kitchen. Two sets of restrooms are conveniently located at opposite ends of the suite, with an additional private restroom in one executive office. Access is provided via private elevator or a grand staircase from the main lobby. The Gateway Center, a two-building, 125,000 square foot development, offers ample surface parking (431 spaces, 3.5/1000 ratio), high-end common areas, fiber optic availability, a loading dock, and three elevators. Its prime location provides easy access to I-95, midway between Baltimore and Washington, D.C. Monthly condo fees are $6,474.48, and association fees are $1,769.65. The current month-to-month tenant pays $2,500 per month. This is a rare opportunity to own a substantial, well-appointed office space at a remarkably low price. The seller is highly motivated.

Highlights

  • Exceptional 20,148+ SF Class A office suite in Columbia, MD's Gateway Center.
  • Bank-owned, vacant (except for a month-to-month tenant, vacating at buyer's option), priced at $1,950,000 (below 2024 tax assessment of $5,037,000).
  • High-end finishes include a large reception area, multiple private offices, conference rooms, open workspace, and full kitchen.
  • Located at 7230 Lee Deforest Dr #200, Howard County, MD, with private elevator and grand staircase access.
  • Gateway Center offers ample parking (431 spaces), high-end common areas, fiber optics, loading dock, and three elevators. Prime location near I-95, midway between Baltimore and Washington, D.C.
  • Monthly condo fees: $6,474.48; Association fees: $1,769.65; Current tenant pays $2,500/month.

Property Details for 7230 Lee Deforest Dr

Property type
Other office properties, Office space
Square Feet
20,148 SF
Class
A
Year Built
2006
Units
1

Location Insight

City
Columbia
County
Howard
State
Maryland
Latitude
39.173122620687
Longitude
-76.822196868803
7230 Lee Deforest Dr, Columbia, Maryland

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7230 Lee Deforest Dr
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