Multi-Office
New
For Sale
Contact for pricing
105 Centennial St, La Plata, MD 20646
A reception area, conference room, kitchen, and private workspaces support a range of office functions.
Property Size1,602 SF
Price / SF$272.78
Days on Market5
Property Features for 105 Centennial St
General Information
Standard status
Active
Size
1,602 SF
Property subtype
OFFICE
Listing Agency:
Shasho Consulting, P.A. Commercial Real Estate
(301) 632-6320
Listed By:
Teresa Shasho-Clark
(301) 643-6216
Source:
Moodyscre
Added: Oct 27
Changed: Oct 30
Last Checked: Oct 30 at 2:45PM
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 Shasho Consulting, P.A. Commercial Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,602-square-foot office property includes three private offices, a conference room, and a work room. A reception office and separate reception area provide additional space, alongside a kitchen and one bathroom.
Key Highlights
- Three private offices
- Conference room and dedicated work room
- Reception office plus separate reception area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,473
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$489,460
$489.5K
Cap Rate 7%
$349,614
$349.6K
Cap Rate 9%
$271,922
$271.9K
Market Conditions
NOI Build-Up for 1,602 SF
Gross rent
$39.4K $24.60/SF
− Vacancy
−$6.8K −$4.23/SF
EGI
$32.6K $20.37/SF
− OpEx
−$8.2K −$5.09/SF
NOI
$24.5K $15.28/SF
Area
Charles 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%
$489,460
Cap Rate 7%
$349,614
Cap Rate 9%
$271,922
Alternative Uses
Best Use
Office B
$349.6K
$305.9K – $407.9K
NOI $24,473 @ 7.0% cap · market cap 5.60%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$22.49M
$19.68M – $26.24M
NOI $1,574,621 @ 7.0% cap · market cap 360.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Location Intelligence
Trade Area within ½ mile
935
Businesses Nearby
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Business Placement
Demographics for 20646, MD
20,411
Population
8,263
Households
2.5
Avg Household Size
42
Median Age
33%
College-Educated
95%
High-School Grad
79.8 sq mi
ZIP Area
256
Density / Sq Mi
$130,008
Median Household Income
$62,409
Median Earnings
$1,486
Median Rent
$435,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A reception area, conference room, kitchen, and private workspaces support a range of office functions.
Where is this office unit located?
The property is located at 105 Centennial St La Plata, MD.
What is the asking price?
The asking price for this property is $437,000.
What are key features of this property?
This property features: Three private offices; Conference room and dedicated work room; Reception office plus separate reception area
