Renovated Class A Office
For Sale
Contact for pricing
Pending
14750 Sweitzer Ln, Laurel, MD 20707
Fully renovated office space ideal for medical or professional use.
Property Size16,880 SF
Days on Market326
Property Features for 14750 Sweitzer Ln
General Information
Standard status
Pending
Size
16,880 SF
Property subtype
Office
Zoning
IE (Industrial Employment)
Listing Agency:
NAI Michael
(301) 459-4400
Listed By:
Jonathan Reneau · License #MD 624504
Source:
Crexi
Added: Sep 30, 2025
Changed: Aug 21
Last Checked: Aug 19 at 10:01PM
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 NAI Michael
Investment Insights
Based on property information with market context.
This fully renovated Class A office building offers approximately 16,880 square feet of designed space, suitable for medical training centers, healthcare practices, and professional office users. The layout includes a mix of private offices, cubicle workstations, and a large open area suitable for assembly, training, or conferences. It features two modern kitchens, and four restrooms. Additional amenities include an outdoor picnic area and abundant on-site parking. A new roof with solar panels is planned for 2025. The property is zoned I-E (Industrial Employment), offering flexibility for a range of medical and professional uses.
Key Highlights
- Fully renovated Class A office space with approximately 16,880 square feet.
- Suitable for medical training centers, healthcare practices, and professional office users.
- Flexible layout with private offices, cubicle workstations, and a large open area.
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
$244,743
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
6.61%
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%
$4,894,860
$4.9M
Cap Rate 7%
$3,496,329
$3.5M
Cap Rate 9%
$2,719,367
$2.7M
Market Conditions
NOI Build-Up for 16,880 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
$455.8K $27.00/SF
− Vacancy
−$47.9K −$2.84/SF
EGI
$407.9K $24.17/SF
− OpEx
−$163.2K −$9.67/SF
NOI
$244.7K $14.50/SF
Area
Anne Arundel County, MD
Vacancy
10.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
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%
$4,894,860
Cap Rate 7%
$3,496,329
Cap Rate 9%
$2,719,367
Alternative Uses
Best Use
Healthcare Medical
$3.50M
$3.06M – $4.08M
NOI $244,743 @ 7.0% cap · market cap 6.61%
Second Best
Office B
$1.69M
$1.48M – $1.97M
NOI $118,346 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$4.94M
$4.32M – $5.76M
NOI $345,648 @ 7.0% cap · market cap 9.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
169
Businesses Nearby
Well-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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully renovated office space ideal for medical or professional use.
Where is this medical office space located?
The property is located at 14750 Sweitzer Ln Laurel, MD.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Fully renovated Class A office space with approximately 16,880 square feet.; Suitable for medical training centers, healthcare practices, and professional office users.; Flexible layout with private offices, cubicle workstations, and a large open area.
