Built-Out Medical Office
For Sale
$230,080
7350 Van Dusen Road ste 370, Laurel, MD 20707
Configured with exam rooms, a laboratory, physician office, reception, break room, and restroom.
Property Size71,700 SF
Price / SF$160
Days on Market42
Property Features for 7350 Van Dusen Road ste 370
General Information
Standard status
Active
Size
71,700 SF
Class
B
Property subtype
Office - General Office
Building Details
Building Size
71,700 SF
Listing Agency:
Health-Pro Realty Group
Listed By:
Luke Poulos · License #5005869
Source:
Commercialcafe
Added: Aug 25
Changed: Sep 30
Last Checked: Oct 5 at 3:34PM
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 Health-Pro Realty Group
Investment Insights
Based on property information with market context.
Suite 370 is a 1,438-square-foot medical office condominium at 7350 Van Dusen Road in Laurel, Maryland. The existing layout includes a reception and waiting area, multiple examination rooms, a physician’s office, laboratory, break room, and bathroom, providing a functional clinical arrangement for medical office use.
The unit is part of an office park with multiple medical occupants. Parking is available around the building, supporting access for patients, visitors, and staff. The property is identified as Suite 370, with the address also designated as 7350 Van Dusen Road, Laurel, MD 20707.
The unit is part of an office park with multiple medical occupants. Parking is available around the building, supporting access for patients, visitors, and staff. The property is identified as Suite 370, with the address also designated as 7350 Van Dusen Road, Laurel, MD 20707.
Key Highlights
- 1,438‑square‑foot medical office condominium
- Suite 370 at 7350 Van Dusen Road, Laurel, MD 20707
- Multiple examination rooms plus a dedicated physician’s office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,277
Cap Rate
7.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$345,540
$345.5K
Cap Rate 7%
$246,814
$246.8K
Cap Rate 9%
$191,967
$192.0K
Market Conditions
NOI Build-Up for 1,438 SF
Gross rent
$35.4K $24.60/SF
− Vacancy
−$6.6K −$4.58/SF
EGI
$28.8K $20.02/SF
− OpEx
−$11.5K −$8.01/SF
NOI
$17.3K $12.01/SF
Area
Prince George's County, MD
Vacancy
18.60%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$345,540
Cap Rate 7%
$246,814
Cap Rate 9%
$191,967
Alternative Uses
Best Use
Office B
$313.8K
$274.6K – $366.1K
NOI $21,968 @ 7.0% cap · market cap 9.55%
Second Best
Healthcare Medical
$246.8K
$216.0K – $288.0K
NOI $17,277 @ 7.0% cap · market cap 7.51%
Theoretical Best
Specialty Retail
$463.9K
$405.9K – $541.2K
NOI $32,472 @ 7.0% cap · market cap 14.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
642
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 20707, MD
37,702
Population
15,146
Households
2.5
Avg Household Size
37
Median Age
45%
College-Educated
89%
High-School Grad
12.6 sq mi
ZIP Area
2,992
Density / Sq Mi
$104,093
Median Household Income
$58,633
Median Earnings
$1,880
Median Rent
$411,200
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
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured with exam rooms, a laboratory, physician office, reception, break room, and restroom.
Where is this medical office space located?
The property is located at 7350 Van Dusen Road ste 370 Laurel, MD.
What is the asking price?
The asking price for this property is $230,080.
What are key features of this property?
This property features: 1,438‑square‑foot medical office condominium; Suite 370 at 7350 Van Dusen Road, Laurel, MD 20707; Multiple examination rooms plus a dedicated physician’s office
