Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    13637 Baltimore Ave, Unit 9 Laurel, MD 20707-5095

    • Office Properties & Spaces
    • 985 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimations
    $285,000
    Show details
    Cap Rate Potential
    5.6%
    Office Properties & Spaces
    Location Intelligence
    Property ID
    US40-0351947
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dr. Nadu A. Tuakli, MD / Family Practice Physician
    • Family Medical Clinic / Family Practice Physician / Medical Clinic
    • Anti-Aging & Longevity Institute / Skin Care Clinic / Health Consultant

    Property Details for 13637 Baltimore Ave

    Year built
    1990
    Lot size
    0.06 lot acres
    Property size
    985 SF
    Zone code
    CO
    Property type
    Office Properties & Spaces
    APN
    10-1126317
    APU
    101126317

    Description

    This 985-square-foot medical office suite is available for lease in Laurel, Maryland's South Lakes Office Park, conveniently situated on Route 1 at Contee Road. The space boasts excellent accessibility and ample parking. Currently configured as a fully operational primary physician's office, the suite includes a waiting room, receptionist area, four exam/consulting rooms, a private office, and a unisex restroom. Existing medical equipment and furnishings may be available for purchase separately, offering a turnkey solution for a new practice. The property is located in Prince George's County, Maryland, with the full address being 13637 Baltimore Avenue, Laurel, MD 20707. This multi-tenant office building provides a professional and established environment for medical professionals seeking a well-equipped and conveniently located space. The suite is ideal for a variety of medical practices needing a ready-to-use space with existing infrastructure. The location offers easy access to major roadways and ample parking for both staff and patients.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $285,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $270,000
      6.5%
      $245,000
      7%
      $230,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $301,000
      Market price range: $166k - $399k
      AI Estimate
      $250,000
      Market price range: $182k - $287k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.8654
    Latitude
    39.0779
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,861
    $58,500
    $108,900
    $167,400
    -
    $58,500
    $108,900
    $167,400

    Comparable in this City

    • Value Estimation by Request
      963 SF

      300 Thomas Dr Ste, Unit 1

      CONDOMINIUM OFFICES • 963 SF
      300 Thomas Dr Ste, Laurel, MD 20707-4700
      View Details
    • Value Estimation by Request
      901 SF

      300 Thomas Dr Ste, Unit 2

      CONDOMINIUM OFFICES • 901 SF
      300 Thomas Dr Ste, Laurel, MD 20707-4700
      View Details
    • Value Estimation
      $280,000
      760 SF

      13689 Baltimore Ave, Unit 20

      CONDOMINIUM OFFICES • 760 SF
      13689 Baltimore Ave, Laurel, MD 20707-5096
      View Details
    • Value Estimation by Request
      1,488 SF

      14207 Park Ctr Dr Ste, Unit 107

      CONDOMINIUM OFFICES • 1,488 SF
      14207 Park Ctr Dr Ste, Laurel, MD 20707-5254
      View Details
    • Value Estimation by Request
      1,726 SF

      7350 Van Dusen Rd Ste, Unit 120

      CONDOMINIUM OFFICES • 1,726 SF
      7350 Van Dusen Rd Ste, Laurel, MD 20707-5267
      View Details
    • Value Estimation by Request
      1,490 SF

      14205 Park Ctr Dr Ste, Unit 206

      CONDOMINIUM OFFICES • 1,490 SF
      14205 Park Ctr Dr Ste, Laurel, MD 20707-5252
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.06 Acres

      Laurel Office Condo - Prime Location

      Spacious Office Condo near major routes.
      13681 Baltimore Ave, Laurel, MD 20707
      View Details
    • $625,000
      2,947 SF

      Laurel Executive Office Condo

      Prime Laurel Office Space, 2,947 SF
      14203 Park Center Dr, Laurel, MD 20707
      View Details
    • $350,000
      2,068 SF

      Prime Laurel Office Space for Sale

      2,068 sq ft Office, Great Location!
      13934 Baltimore Ave, Laurel, MD 20707
      View Details
    • $675,000
      2,976 SF

      Laurel Executive Office Suite

      Modern Office Space, 2,976 SF, $675K
      14201 Park Ctr Dr #307 &, Laurel, MD 20707
      View Details
    • Contact for pricing
      1.42 Acres

      Laurel Office Space for Lease

      Prime Laurel location, flexible office & retail space.
      13990 Baltimore Ave, Laurel, MD 20707
      View Details
    • Contact for pricing
      12,000 SF

      Modern Office Condos For Sale

      Modern office condos with direct parking lot access, near I-95.
      14203 Park Center Dr, Laurel, MD 20707
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      120,904 SF

      Executive Suites, Laurel, MD

      Class A Office Space, I-95 Access
      14400 Sweitzer Ln, Laurel, MD 20707
      View Details
    • Contact for pricing
      7,100 SF

      Prime Laurel Office Space Available

      7,000 SF Office Space, High Visibility
      13990 Baltimore Ave, Laurel, MD 20707
      View Details
    • Contact for pricing

      Turnkey Office in Laurel Business District

      Freestanding office building with furniture, ready for immediate occupancy.
      308 2Nd St, Laurel, MD 20707
      View Details
    • $16 SF/Yr
      7,893 SF

      Laurel Office Space Available

      Office space available for lease in Laurel, Maryland.
      8003-8039 Laurel Lakes Ct, Laurel, MD 20707
      View Details
    • $19 SF/Yr
      2,500 SF

      Laurel Office Space For Rent

      Office space available in Laurel, MD with ample parking.
      300 Thomas Dr, Laurel, MD 20707
      View Details
    • $500 /Mo

      Laurel Office Suite Room

      Centrally located office space in Laurel, Maryland available for rent.
      14440 Cherry Ln Ct Ste 219, Laurel, MD 20707
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    13637 Baltimore Ave, Unit 9
    Laurel, MD 20707-5095
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.