Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    14205 Park Center Drive Unit 206 Laurel, MD 20707

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $365,050

    1,490 SF office space with direct parking access.

    Type:Office
    Property size:
    1,490 SF
    Price / SF:
    $245/SF
    Added:
    Nov 21, 2025
    Days on Market:
    160
    Last Refresh:
    Oct 28 at 11:38 am

    Property Features for 14205 Park Center Drive Unit 206

    General Information

    Standard status
    Active
    Size
    1,490 SF
    Property subtype
    Office

    We can help!

    Listing Contact
    Allen Cornell
    Allen Cornell

    Listing agent Allen Cornell License #MD 24755

    Listing office NAI Michael

    Listing date Nov 21, 2025

    Source Naiglobal

    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 NAI Michael

    Overview

    Modern Office Space For Sale

    This is a 1,490 square foot office space, identified as Unit 206. The property features modern construction and provides direct access to the parking lot. It is equipped with separate mechanical systems and benefits from professional management. All units are situated at ground level. The location offers close proximity to the Konterra Drive Interchange with I-95, MD 198, ICC (MD 200), and the MARC train at Muirkirk.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Michelle Williams Alternative Medicine Practice Kevin A. Sterling, LAC Alternative Medicine Practice Dr. Loureen Gil Physician Dr. Tristan Shockley Physician Dr. Atina Sullivan Psychotherapist

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.8775
    Latitude
    39.0839

    Nearby Similar for Sale

    • $7,500,000

      Retail Property on Route 1

      Retail property for sale on busy Route 1 in Laurel.
      13487 BALTIMORE Avenue, LAUREL, MD 20707
      View Details
    • $1,100,000

      Mixed-Use Building in Historic Downtown

      Two-story mixed-use building in Laurel's Historic Downtown.
      349 MAIN ST, LAUREL, MD 20707
      View Details
    • $235,000

      Laurel Office Condo For Sale

      Commercial office condo with three large offices and kitchenette.
      601 7TH Street, LAUREL, MD 20707
      View Details
    • $1,100,000
      4,400 SF

      Mixed-Use Building in Downtown Laurel

      Two-story mixed-use building with prime corner visibility and flexible zoning.
      349 MAIN St, Laurel, MD 20707
      View Details
    • $375,000

      Live-Work Space with Detached Garage

      Live and work in this walkable Laurel location.
      910 MONTGOMERY St, Laurel, MD 20707
      View Details
    • $7,500,000

      Retail Property on Route 1

      Retail property for sale on busy Route 1 in Laurel.
      13487 BALTIMORE Ave 1, Laurel, MD 20707
      View Details
    • $230,000
      850 SF

      Versatile Suite in Laurel

      850 SF suite ideal for wellness or professional services.
      595 MAIN St 337, Laurel, MD 20707
      View Details
    • $250,000
      979 SF

      Laurel Office Suite For Sale

      Second-floor office suite with five private offices and kitchenette.
      13677 Baltimore Ave, Laurel, MD 20707
      View Details
    • $649,000

      Laurel Multifamily Investment Opportunity

      Well-maintained four-unit property with renovated kitchens and baths.
      214 10TH St, Laurel, MD 20707
      View Details
    • $340,000
      1,414 SF

      Office Condominium Near I-95

      1,414 SF office condo with direct access and central location.
      14207 Park Center Drive, Unit 108, Laurel, MD 20707
      View Details
    • $375,000

      Work Where You Live Opportunity

      Commercial space suitable for various businesses with oversized garage.
      910 Montgomery St, LAUREL, MD 20707
      View Details
    • $328,500
      71 SF

      Medical Office Condo Opportunity

      71,700 SF medical office condo near University of Maryland.
      7350 Van Dusen Road | Laurel, MD 20707, MD 20707
      View Details

    FAQs

    What type of property is this?
    Office units - 1,490 SF office space with direct parking access.
    Where is this office units located?
    The property is located at 14205 Park Center Drive Unit 206 Laurel, MD.
    What is the asking price?
    The asking price for this property is $365,050.
    What are key features of this property?
    This property features: Direct access to parking lot; Close proximity to I‑95, MD 198, ICC (MD 200), and MARC train; Flexible modern construction
    (301) 918-2909
    We can help!
    Listing Contact
    Allen Cornell
    Allen Cornell
    Real Estate License ID: MD 24755
    Learn More
    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.
    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.
    Sign Up Successful!
    You now have access to more from Realmo!