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4255 Altamont Pl - Fairview Center

1,624 SF Medical Condo Unit Offered at $475,000 in White Plains, MD 20695

Investment Highlights

  • Centrally located
  • CVS on site
  • ample parking

Executive Summary

Fairview Center is a business park made up of three main buildings housing mostly medical professions including radiology, pediatrics, dentistry and general health care. CVS pharmacy on site for prescription needs. Centrally located between Waldorf and La Plata and located at the busy intersection of US Route 301 (Crain Highway)and Billingsley Road.

Property Facts

Price $475,000
Unit Size 1,624 SF
No. Units 1
Total Building Size 24,000 SF
Property Type Office (Condo)
Property Subtype Medical
Sale Type Investment
Building Class B
Floors 3
Typical Floor Size 8,000 SF
Year Built 2007
Lot Size 1.43 AC
Parking Ratio 4.17/1,000 SF

1 Unit Available

Unit 204

Unit Size 1,624 SF
Price $475,000
Price Per SF $292.49
Condo Use Medical
Sale Type Investment
Cap Rate 9.00%
NOI $42,750
APN/Parcel ID 06-338445
Description

Second floor fully built out dental office for sale as investment property.

Sale Notes

Tenant has occupied the space since May 2011.  Current lease extension runs through  8/31/26.

1st Floor
2nd Floor
Condo doc
View Photo 1st Floor
View Photo 2nd Floor
View Photo Condo doc

Amenities

  • Bus Line
  • Wheelchair Accessible
  • Central Heating
  • Common Parts WC Facilities
  • Demised WC facilities
  • Direct Elevator Exposure
  • Drop Ceiling
  • Air Conditioning

zoning

Zoning Code BP (Business Park)
BP (Business Park)
  • Listing ID: 32617787

  • Date on Market: 7/29/2024

  • Last Updated:

  • Address: 4255 Altamont Pl, White Plains, MD 20695

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