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Two-Building Office Portfolio
For Sale
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Pending

14504 Greenview Dr, Laurel, MD 20708

Renovated suburban office portfolio with multi-suite layouts, lobby finishes, and access to major regional routes.

Property SizeContact for details
Days on Market143

Property Features for 14504 Greenview Dr

General Information

Standard status Pending
Property subtype Office
Listing Agency: JLL - Dallas | Cedar Springs, Texas
Listed By: Sean Ryan · License #N/A
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:51AM

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 JLL - Dallas | Cedar Springs, Texas

Investment Insights

Based on property information with market context.

This office portfolio comprises two buildings at 14502 and 14504 Greenview Drive, with 148,003 SF of total NRA and 41 office units. Each five-story building was constructed in 1987 and renovated in 1998. Common areas include brass- and marble-finished lobbies, while individual spaces range from several hundred to more than 16,000 SF. Average unit size is approximately 3,600 SF.

The property is 8.60% occupied overall. Lakeview I contains 19 units and is 2.9% leased across four tenants, with a weighted average lease term of 12.7 years. Lakeview II has 22 units, is 14.7% occupied by five tenants, and carries a weighted average lease term of 1.4 years. Some occupants remain in place under expired leases while continuing to pay rent.

The buildings sit at the intersection of Route 197 and Route 198, approximately 10 minutes from the Capital Beltway, 5 miles from I-95, and 3.8 miles from Route 295. The surrounding area includes suburban offices, apartment buildings, shopping, and restaurants.

Key Highlights

  • 148,003 SF office portfolio with 41 units across two five‑story buildings
  • Lakeview I: 19 units, 2.9% leased, and 12.7‑year weighted average lease term
  • Lakeview II: 22 units, 14.7% occupied, and 1.4‑year weighted average lease term

Property Analytics

Current Use

Empower Hair Salon skinbymelg Medical Clinic Access Financial Mortgage ... Loan Service Kacey Ximines Loan Service InVision Care Medical, ... Laboratory

Suggested Use

Top Pick Acupuncture Butcher (Bike/Boat/Book/etc) Store Pet Grooming Service Pet Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,191
Businesses Nearby

Demographics for 20708, MD

27,832
Population
11,023
Households
2.5
Avg Household Size
35
Median Age
41%
College-Educated
91%
High-School Grad
12.2 sq mi
ZIP Area
2,281
Density / Sq Mi
$83,457
Median Household Income
$50,309
Median Earnings
$1,796
Median Rent
$431,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Renovated suburban office portfolio with multi-suite layouts, lobby finishes, and access to major regional routes.
Where is this office building located?
The property is located at 14504 Greenview Dr Laurel, MD.
What are key features of this property?
This property features: 148,003 SF office portfolio with 41 units across two five‑story buildings; Lakeview I: 19 units, 2.9% leased, and 12.7‑year weighted average lease term; Lakeview II: 22 units, 14.7% occupied, and 1.4‑year weighted average lease term
(610) 249-2255 Call to check price and availability
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