Interconnected Office
For Sale
$749,000
14300 GALLANT FOX LANE, Bowie, MD 20715
Three interconnected office suites are sold as one unit, recently renovated in 2025 and configured for shared office use.
Property Size4,018 SF
Price / SF$186.41
Days on Market51
Property Features for 14300 GALLANT FOX LANE
General Information
Standard status
Active
Size
4,018 SF
Property subtype
Office
Additional Details
Office Units
3
Taxes and HOA fees
Annual Taxes
$8,695
Amenities
reception area
conference room
common workspace
kitchen
copier space
2nd entrance
1 office with separate entrance
Central Air, Heat Pump
3
Vinyl
Parking.
Lighted, Private, Lot.
Insulated Doors. Other, Business Park, Paved Road.
Building Details
Year Built
1980
Year Renovated
2025
Stories
2
Listing Agency:
Realty Navigator
(443) 600-1986
Listed By:
Petra Quinn · License #603985
(443) 600-1986
Source:
Xome
Added: Jun 22
Changed: Aug 8
Last Checked: Aug 11 at 5:13AM
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 Realty Navigator
Investment Insights
Based on property information with market context.
Bowie Office Park offers three individual office suites that are interconnected and sold together as one unit only. The space was recently renovated in 2025 and is currently operated as shared office space with 14 individual offices. The layout includes two restrooms, a reception area, a conference room, common workspace, and a kitchen area, plus a copier space. There is also a second entrance and an office with a separate entrance.
The property is listed as entry-only, and all questions and requests for showings are directed to the Owner or the office manager. A 24-hour notice is preferred.
Taxes are calculated for all three suites, and the property is offered as a single combined unit. Most of the offices are currently occupied, and long-term tenants have indicated interest in staying, though there are no leases in place.
The property is listed as entry-only, and all questions and requests for showings are directed to the Owner or the office manager. A 24-hour notice is preferred.
Taxes are calculated for all three suites, and the property is offered as a single combined unit. Most of the offices are currently occupied, and long-term tenants have indicated interest in staying, though there are no leases in place.
Key Highlights
- Three interconnected office suites sold as one unit; currently configured for shared office space
- Recently renovated in 2025 and includes shared areas such as reception, conference room, common workspace, and kitchen
- Provides 14 individual offices, plus 2 restrooms and copier space
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
$61,381
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
8.20%
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%
$1,227,620
$1.2M
Cap Rate 7%
$876,871
$876.9K
Cap Rate 9%
$682,011
$682.0K
Market Conditions
NOI Build-Up for 4,018 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
$98.8K $24.60/SF
− Vacancy
−$17.0K −$4.23/SF
EGI
$81.8K $20.37/SF
− OpEx
−$20.5K −$5.09/SF
NOI
$61.4K $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%
$1,227,620
Cap Rate 7%
$876,871
Cap Rate 9%
$682,011
Alternative Uses
Best Use
Office B
$876.9K
$767.3K – $1.02M
NOI $61,381 @ 7.0% cap · market cap 8.20%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.30M
$1.13M – $1.51M
NOI $90,733 @ 7.0% cap · market cap 12.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Office units
Location Intelligence
Trade Area within ½ mile
434
Businesses Nearby
Explore this area
Business Placement
Demographics for 20715, MD
27,127
Population
9,168
Households
3
Avg Household Size
41
Median Age
48%
College-Educated
94%
High-School Grad
14.0 sq mi
ZIP Area
1,938
Density / Sq Mi
$139,962
Median Household Income
$63,411
Median Earnings
$2,523
Median Rent
$437,600
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 - Three interconnected office suites are sold as one unit, recently renovated in 2025 and configured for shared office use.
Where is this office units located?
The property is located at 14300 GALLANT FOX LANE Bowie, MD.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Three interconnected office suites sold as one unit; currently configured for shared office space; Recently renovated in 2025 and includes shared areas such as reception, conference room, common workspace, and kitchen; Provides 14 individual offices, plus 2 restrooms and copier space
