Office Now | 4560 Crain Hwy
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Office Now 4560 Crain Hwy
4,134 SF 3% Leased Office Building White Plains, MD 20695 $999,000 ($242/SF)
Investment Highlights
- Heavy Daytime traffic directly off Crain Highway (Route 301)
- Central Location between Waldorf and La Plata
Executive Summary
Executive Office Suites. Prime Investment Property. Fantastic Location with high traffic counts. Building has main floor @ (+/-)4,021 s/f and a second floor @ (+/-) 1,815 s/f. 14 suites total. Gross rental income $94,000 annually, Expenses $22,000, Net Income $72,000 annually.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$94,000
|
$22.74
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$94,000
|
$22.74
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$22,000
|
$5.32
|
| Net Operating Income |
$72,000
|
$17.42
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $94,000 |
| Annual Per SF | $22.74 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $94,000 |
| Annual Per SF | $22.74 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $22,000 |
| Annual Per SF | $5.32 |
| Net Operating Income | |
|---|---|
| Annual | $72,000 |
| Annual Per SF | $17.42 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
4,134 SF
Building Class
B
Year Built
2014
Price
$999,000
Price Per SF
$242
Percent Leased
3%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,067 SF
Slab To Slab
9’
Building FAR
0.12
Land Acres
0.80 AC
Zoning
CC - Community Commercial
Parking
25 Spaces (6.25 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 06-051812 | Improvements Assessment | $359,900 (2024) |
| Land Assessment | $329,100 (2024) | Total Assessment | $689,000 (2024) |
PROPERTY TAXES
Parcel Number
06-051812
Land Assessment
$329,100 (2024)
Improvements Assessment
$359,900 (2024)
Total Assessment
$689,000 (2024)
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Office Now | 4560 Crain Hwy
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