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Property profile & analytics
OFF-MARKET Estimated value $4,030,000
Office buildings

13990 Baltimore Ave Laurel, MD 20707-5087

22,902 SF 1.42 ac lot Built 1987
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US40-1323274
Property summary
AI-generated overview

This exceptional commercial property, located at 13990 Baltimore Ave in Laurel, MD, offers a variety of office spaces to suit diverse business needs. Situated within the Laurel Lakes Corporate Center, this building boasts a highly visible corner location at a signalized intersection on Route 1, ensuring maximum exposure and accessibility. The property features a total of 75 parking spaces, providing ample convenience for employees and clients. Built in 1987, the building sits on 1.422 acres of land and is zoned PDA-E. Currently, there is 7,000 square feet of vacant space available for lease. Flexible floor plans cater to various requirements; ground level options range from 400 to 5,000 square feet, ideal for office, medical, or retail uses. The ground floor space features excellent condition, a large open area, eight individual offices, and a reception area. Second-floor spaces range from 400 to 2,100 square feet, while a substantial 6,000 square foot space is available on the third floor. This property presents a unique opportunity to establish a presence in a thriving business community with excellent visibility and convenient access to Route 1's high traffic volume. The building's multiple tenancy structure allows for flexibility and adaptability to various business models. Inquire today to explore the possibilities.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Construction BRICK
Total area 22,902 SF
Lot 1.42 ac (61,960 SF)
Zoning code LAUR
APN 10-1043603
UPID US40-1323274
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Block Advisors Tax Preparation
  • Diplomat Investment LLC Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.66M
Blend (final) Blend
$4.03M
Owner & transaction history
13990 Baltimore Ave LLC · 4 yrs held
13990 Baltimore Ave LLC
since 2022
Last sale
$3.0M
5 recorded transactions
2022
$3.0M
2022
Price N/A
2007
$3.9M
1999
Price N/A
1969
Price N/A
Zoning & alternative use
LAUR · Laurel, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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