200 HOWARD Street La Plata, MD 20646
Commercial Sale - LA PLATA, MD
- Added:
- Sep 18, 2025
- Days on Market:
- 300
- Last Refresh:
- Jul 14 at 10:06 am
Property Features for 200 HOWARD Street
General Information
- Property type
- Other
- Property subtype
- Office
- Parking
- 36
- Parking features
- Parking Lot
- Standard status
- Active
Taxes and HOA fees
- Tax Annual Amount
- 5748
Building Details
- Year built
- 1998
- Number of units
- 2
- Building materials
- Block, Brick
Listing agent Anne M Hooper License #628757 (301) 870-5841
Listing office Hooper & Associates 3605 Old Washington Road, WALDORF, MD (301) 870-5841
Listing date Sep 18, 2025
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located within the Town of La Plata and zoned CB (Central Business), the property is served by public water and sewer. It is approximately 0.1 miles from the Charles County Courthouse, Charles County Government Offices, and La Plata Town Hall, supporting straightforward convenience for office users and business operations.
This configuration suits investors seeking a small, two-unit office portfolio with an existing occupied unit and a separately marketable vacant unit. It may also appeal to owner-occupants who want nearby downtown access while retaining the ability to lease the additional unit. Lease agreements and related information are available upon request.
Key Highlights
- Two office condominium units totaling approx. 4,933 SF: Unit #101 (1,944 SF) and Unit #200 (2,939 SF).
- Unit #101 is leased to two tenants under various lease terms, with one office listed for lease at $450/month.
- Unit #200 is vacant and listed for lease at $3,076/month plus utilities and CAM.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $121.4k | $24.60 |
| − Vacancy | −$20.9k | −$4.23 |
| EGI | $100.5k | $20.37 |
| − OpEx | −$25.1k | −$5.09 |
| NOI | $75.4k | $15.28 |
