Versatile Medical Office
For Sale
$650,000
1004 White Oak Dr, Oxon Hill, MD 20745
Former dental office with generous parking and an accessibility ramp, redesigned for daycare with core infrastructure in place.
Property Size2,664 SF
Price / SF$243.99
Days on Market93
Property Features for 1004 White Oak Dr
General Information
Standard status
Active
Size
2,664 SF
Building Details
Year Built
1957
Listing Agency:
CENTURY 21 New Millennium
Listed By:
Schandale Kornegay · License #620905
(301) 659-1535
Source:
Kableteam
Added: Jul 7
Changed: Sep 12
Last Checked: Oct 5 at 8:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 New Millennium
Investment Insights
Based on property information with market context.
This property is a versatile office building originally used as a dental office, with core infrastructure still in place for potential dental reuse. The space was later redesigned for daycare, and an associated special exception was achieved; however, the prospective daycare tenant did not move forward, so any buyer should perform their own due diligence regarding that exception. The building can also be adapted based on the existing configuration for a range of professional uses such as medical/dental and various specialty or service-oriented office formats.
Located at 1004 White Oak Drive in Oxon Hill, MD, the building offers easy parking and convenient access to the Beltway. An accessibility ramp is also noted, which supports practical customer and client access.
For prospective tenants or buyers, the combination of in-place dental-ready infrastructure, a daycare-adapted layout, generous parking, and ADA-accessible entry makes the property well-suited for operators seeking a flexible footprint. Any plans to reactivate daycare use should be evaluated in light of the previously obtained special exception and the need for confirmation during underwriting and permitting.
Located at 1004 White Oak Drive in Oxon Hill, MD, the building offers easy parking and convenient access to the Beltway. An accessibility ramp is also noted, which supports practical customer and client access.
For prospective tenants or buyers, the combination of in-place dental-ready infrastructure, a daycare-adapted layout, generous parking, and ADA-accessible entry makes the property well-suited for operators seeking a flexible footprint. Any plans to reactivate daycare use should be evaluated in light of the previously obtained special exception and the need for confirmation during underwriting and permitting.
Key Highlights
- Year built 1957 former dental office with core infrastructure still in place
- Formerly redesigned for daycare; daycare special exception was achieved (buyer to verify details)
- Generous on‑site parking plus accessibility ramp
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,697
Cap Rate
6.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$813,940
$813.9K
Cap Rate 7%
$581,386
$581.4K
Cap Rate 9%
$452,189
$452.2K
Market Conditions
NOI Build-Up for 2,664 SF
Gross rent
$65.5K $24.60/SF
− Vacancy
−$11.3K −$4.23/SF
EGI
$54.3K $20.37/SF
− OpEx
−$13.6K −$5.09/SF
NOI
$40.7K $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 Rate 5%
$813,940
Cap Rate 7%
$581,386
Cap Rate 9%
$452,189
Alternative Uses
Best Use
Office B
$581.4K
$508.7K – $678.3K
NOI $40,697 @ 7.0% cap · market cap 6.26%
Second Best
Healthcare Medical
$457.2K
$400.1K – $533.5K
NOI $32,007 @ 7.0% cap · market cap 4.92%
Theoretical Best
Specialty Retail
$859.4K
$752.0K – $1.00M
NOI $60,158 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
241
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 20745, MD
32,024
Population
13,124
Households
2.4
Avg Household Size
36
Median Age
26%
College-Educated
82%
High-School Grad
6.5 sq mi
ZIP Area
4,927
Density / Sq Mi
$80,649
Median Household Income
$47,435
Median Earnings
$1,564
Median Rent
$351,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Former dental office with generous parking and an accessibility ramp, redesigned for daycare with core infrastructure in place.
Where is this medical office space located?
The property is located at 1004 White Oak Dr Oxon Hill, MD.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Year built 1957 former dental office with core infrastructure still in place; Formerly redesigned for daycare; daycare special exception was achieved (buyer to verify details); Generous on‑site parking plus accessibility ramp
