Renovated Office Condo
For Sale
$300,000
8900 Edgeworth Drive U, Capitol Heights, MD 20743
Newly renovated office condo includes a large conference room, two offices, open cubicle space, kitchen, and half bath.
Property Size1,390 SF
Price / SF$215.83
Days on Market14
Property Features for 8900 Edgeworth Drive U
General Information
Standard status
Active
Size
1,390 SF
Building Details
Year Built
1982
Listing Agency:
Taylor Properties
(585) 957-0819
Listed By:
Antonette Price Umaru
Source:
Kandorre
Added: Jul 21
Last Checked: Aug 3 at 8:57AM
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 Taylor Properties
Investment Insights
Based on property information with market context.
This newly renovated commercial office condo suite offers a practical layout for everyday work. The space features a large conference room, two private offices, an open area with two cubicle stations, plus a kitchen and a half bath.
Located at 8900 Edgeworth Drive U in Capitol Heights, Maryland, the property is presented for sale as a condo unit within the 8900 Edgeworth Dr. Condos.
The interior configuration supports both meetings and day-to-day office operations, combining dedicated private rooms with an open workstation area.
Located at 8900 Edgeworth Drive U in Capitol Heights, Maryland, the property is presented for sale as a condo unit within the 8900 Edgeworth Dr. Condos.
The interior configuration supports both meetings and day-to-day office operations, combining dedicated private rooms with an open workstation area.
Key Highlights
- Newly renovated commercial office condo
- Year built: 1982
- Large conference room plus two offices
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.2k | $24.60 |
| − Vacancy | −$5.9k | −$4.23 |
| EGI | $28.3k | $20.37 |
| − OpEx | −$7.1k | −$5.09 |
| NOI | $21.2k | $15.28 |
1,390 SF · lease $24.60/SF/yr · vacancy 17.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$303.3K
$265.4K – $353.9K
NOI $21,234 @ 7.0% cap · market cap 7.08%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$448.4K
$392.4K – $523.2K
NOI $31,389 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
911
Businesses Nearby
Explore this area
Business Placement
Demographics for 20743, MD
40,709
Population
16,521
Households
2.5
Avg Household Size
38
Median Age
23%
College-Educated
86%
High-School Grad
9.6 sq mi
ZIP Area
4,241
Density / Sq Mi
$76,332
Median Household Income
$47,762
Median Earnings
$1,614
Median Rent
$317,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Newly renovated office condo includes a large conference room, two offices, open cubicle space, kitchen, and half bath.
Where is this office units located?
The property is located at 8900 Edgeworth Drive U Capitol Heights, MD.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Newly renovated commercial office condo; Year built: 1982; Large conference room plus two offices
