Office Suite with Private
14801 PRATT STREET, Upper Marlboro, MD 20772
For Sale
Contact for pricing
Four furnished work areas, a conference room, kitchen and two restrooms serve the suite’s office layout.
Property Size3,916 SF
Price / SF$0.89
Days on Market24
Property Features for 14801 PRATT STREET
General Information
Standard status
Size
Net Rentable
Total Parking Spaces
Property subtype
Space & Availability
Condition
Furnished
Additional Details
Property Use
Building Details
Year Built
Listing Agency:
Samson Properties
(301) 850-0255
Listed By:
Ermin Rustemovic · License #5023972
(301) 832-0090
Source:
Alderferrealestate
Added: Oct 15
Changed: Nov 6
Last Checked: Nov 6 at 5:59AM
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 Samson Properties
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Investment Insights
Based on property information with market context.
This 1,305-square-foot office suite at 14801 Pratt Street includes four private offices, with desks in three and a TV in one. A main conference area has a large table, while the kitchen provides cabinetry and counter space. Two restrooms are also included. The property was built in 1969.
A private, security-monitored parking lot provides 10 spaces. The address is in Upper Marlboro, next to the courthouse.
A private, security-monitored parking lot provides 10 spaces. The address is in Upper Marlboro, next to the courthouse.
Key Highlights
- 1,305 square feet of office space
- Four private offices; three include desks and one has a TV
- Conference area with a large table
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,823
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,196,460
$1.2M
Cap Rate 7%
$854,614
$854.6K
Cap Rate 9%
$664,700
$664.7K
Market Conditions
NOI Build-Up for 3,916 SF
Gross rent
$96.3K $24.60/SF
− Vacancy
−$16.6K −$4.23/SF
EGI
$79.8K $20.37/SF
− OpEx
−$19.9K −$5.09/SF
NOI
$59.8K $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 Rate 5%
$1,196,460
Cap Rate 7%
$854,614
Cap Rate 9%
$664,700
Alternative Uses
Best Use
Office B
$854.6K
$747.8K – $997.1K
NOI $59,823 @ 7.0% cap · market cap 1,709.23%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.26M
$1.11M – $1.47M
NOI $88,430 @ 7.0% cap · market cap 2,526.57%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
915
Businesses Nearby
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Business Placement
Demographics for 20772, MD
51,395
Population
19,658
Households
2.6
Avg Household Size
41
Median Age
46%
College-Educated
94%
High-School Grad
72.5 sq mi
ZIP Area
709
Density / Sq Mi
$135,576
Median Household Income
$74,434
Median Earnings
$2,045
Median Rent
$443,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Office Units in Upper Marlboro
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Four furnished work areas, a conference room, kitchen and two restrooms serve the suite’s office layout.
Where is this office unit located?
The property is located at 14801 PRATT STREET Upper Marlboro, MD.
What are key features of this property?
This property features: 1,305 square feet of office space; Four private offices; three include desks and one has a TV; Conference area with a large table
