All-Brick Office Condominium
For Sale
$299,900
7700 OLD BRANCH Avenue, Clinton, MD 20735
Commercial Sale - CLINTON, MD
Property Size1,700 SF
Price / SF$176.41
Days on Market293
Property Features for 7700 OLD BRANCH Avenue
General Information
Property type
Other
Property subtype
Office
Subdivision
S D S SQUARE
Elementary school district
PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Middle school district
PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
High school district
PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
1141
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Building Details
Year built
1982
Building materials
Brick
Listing Agency:
Jim Hall Real Estate
(301) 609-8747
Listed By:
Julie H Marshall · License #81213
(301) 520-2310
Added: Nov 10, 2025
Changed: Jun 12
Last Checked: Aug 30 at 6:06PM
MLS# MDPG2182916
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.
This for-sale offering includes two tenant-occupied office condominium units in an all-brick building with nicely landscaped grounds. The property is governed as condo ownership, with grounds, snow removal, trash and water included as part of the condo arrangement. Several elevators are available within the building, supporting tenant and visitor access across the office floors. Additional condos are available separately or as a package.
The address is 7700 Old Branch Avenue in Clinton, MD 20735 (Prince George’s County). One unit is described as approximately 1,700 square feet and is currently tenant occupied. The unit next door is also tenant occupied and is described as approximately 850 square feet.
This configuration may suit investors seeking tenant-occupied office condo space with building elevator access and shared condo services. Buyers who want to consolidate or grow office holdings may also consider the opportunity to purchase more than one condo, including the adjacent unit identified as part of the available inventory.
The address is 7700 Old Branch Avenue in Clinton, MD 20735 (Prince George’s County). One unit is described as approximately 1,700 square feet and is currently tenant occupied. The unit next door is also tenant occupied and is described as approximately 850 square feet.
This configuration may suit investors seeking tenant-occupied office condo space with building elevator access and shared condo services. Buyers who want to consolidate or grow office holdings may also consider the opportunity to purchase more than one condo, including the adjacent unit identified as part of the available inventory.
Key Highlights
- All‑brick building with heat pump heating and cooling
- Year built 1982
- Sale includes 2 condo units with tenant occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,970
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.66%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$519,400
$519.4K
Cap Rate 7%
$371,000
$371.0K
Cap Rate 9%
$288,556
$288.6K
Market Conditions
NOI Build-Up for 1,700 SF
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.
Gross rent
$41.8K $24.60/SF
− Vacancy
−$7.2K −$4.23/SF
EGI
$34.6K $20.37/SF
− OpEx
−$8.7K −$5.09/SF
NOI
$26.0K $15.28/SF
Area
Prince George's County, MD
Vacancy
17.20%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$519,400
Cap Rate 7%
$371,000
Cap Rate 9%
$288,556
Alternative Uses
Best Use
Office B
$371.0K
$324.6K – $432.8K
NOI $25,970 @ 7.0% cap · market cap 8.66%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$548.4K
$479.9K – $639.8K
NOI $38,389 @ 7.0% cap · market cap 12.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
852
Businesses Nearby
Explore this area
Business Placement
Demographics for 20735, MD
38,200
Population
13,670
Households
2.8
Avg Household Size
44
Median Age
33%
College-Educated
90%
High-School Grad
25.9 sq mi
ZIP Area
1,475
Density / Sq Mi
$123,125
Median Household Income
$59,610
Median Earnings
$1,915
Median Rent
$401,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Two tenant-occupied office condo units in an all-brick building with several elevators and condo-maintained services.
Where is this office units located?
The property is located at 7700 OLD BRANCH Avenue Clinton, MD.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: All‑brick building with heat pump heating and cooling; Year built 1982; Sale includes 2 condo units with tenant occupancy
