Two-Unit Office
New
For Sale
$299,900
7700 OLD BRANCH AVE #E206 E206, Clinton, MD 20735
Tenant-occupied office condominium with building services and elevator access.
Property Size1,700 SF
Price / SF$176.41
Days on Market5
Property Features for 7700 OLD BRANCH AVE #E206 E206
General Information
Standard status
Active
Size
1,700 SF
Elevators
Yes
Additional Details
Office Units
2
Building Details
Construction
brick
Tenancy
Multi
Listing Agency:
Jim Hall Real Estate
(301) 520-2310
Listed By:
Julie H Marshall · License #81213
(301) 520-2310
Source:
360
Added: Aug 26
Changed: Aug 30
Last Checked: Aug 30 at 7:53AM
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 Jim Hall Real Estate
Investment Insights
Based on property information with market context.
This sale includes two office condominium units totaling approximately 1,700 square feet in an all-brick building at 7700 Old Branch Ave in Clinton, Maryland. The units are tenant occupied and described as income producing, offering an existing commercial occupancy profile for an office-focused buyer.
The property includes access to several elevators, along with condominium-covered grounds maintenance, snow removal, trash service, and water. The building site is landscaped, adding maintained common-area presentation to the office setting.
The property includes access to several elevators, along with condominium-covered grounds maintenance, snow removal, trash service, and water. The building site is landscaped, adding maintained common-area presentation to the office setting.
Key Highlights
- Two office condominium units totaling approximately 1,700 square feet
- Tenant occupied and described as income producing
- All‑brick building with several elevators available
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,970
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.66%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$519,400
$519.4K
Cap Rate 7%
$371,000
$371.0K
Cap Rate 9%
$288,556
$288.6K
Market Conditions
NOI Build-Up for 1,700 SF
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.
Gross rent
$41.8K $24.60/SF
− Vacancy
−$7.2K −$4.23/SF
EGI
$34.6K $20.37/SF
− OpEx
−$8.7K −$5.09/SF
NOI
$26.0K $15.28/SF
Area
Prince George's 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$519,400
Cap Rate 7%
$371,000
Cap Rate 9%
$288,556
Alternative Uses
Best Use
Office B
$371.0K
$324.6K – $432.8K
NOI $25,970 @ 7.0% cap · market cap 8.66%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$548.4K
$479.9K – $639.8K
NOI $38,389 @ 7.0% cap · market cap 12.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Explore this area
Business Placement
Demographics for 20735, MD
38,200
Population
13,670
Households
2.8
Avg Household Size
44
Median Age
33%
College-Educated
90%
High-School Grad
25.9 sq mi
ZIP Area
1,475
Density / Sq Mi
$123,125
Median Household Income
$59,610
Median Earnings
$1,915
Median Rent
$401,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Tenant-occupied office condominium with building services and elevator access.
Where is this office units located?
The property is located at 7700 OLD BRANCH AVE #E206 E206 Clinton, MD.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two office condominium units totaling approximately 1,700 square feet; Tenant occupied and described as income producing; All‑brick building with several elevators available
