200 HOWARD Street, La Plata, MD 20646
- Added:
- Sep 18, 2025
- Days on Market:
- 269
- Last Refresh:
- Jun 13 at 7:06 am
Property Features for 200 HOWARD Street
General Information
- Property type
- Other
- Property subtype
- Office
- Parking
- 36
- Parking features
- Parking Lot
- Standard status
- Active
- Size
- 4,933 SF
Taxes and HOA fees
- Tax Annual Amount
- 5748
Building Details
- Year built
- 1998
- Number of units
- 2
- Building materials
- Block, Brick
Listing agent Anne M Hooper License #628757 (301) 870-5841
Listing office Hooper & Associates 3605 Old Washington Road, WALDORF, MD (301) 870-5841
Listing date Sep 18, 2025
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime location: Approx. 0.1 miles from Charles County Courthouse, Charles County Government Offices, and La Plata Town Hall
- Investment or owner‑occupant opportunity: Portfolio sale of two condominium units totaling approx. 4,933 SF
- Currently 100% leased with potential for owner occupancy: Second‑floor tenant may consider early lease release
- Zoned CB - Central Business (Town of La Plata)
- Shared access to a large parking lot: 36 unreserved striped spaces exclusively for condo association use
- Public water and sewer
Overview
The units are situated in the heart of La Plata, Maryland, approximately 0.1 miles from the Charles County Courthouse, Charles County Government Offices, and La Plata Town Hall. Access to a large adjacent parking lot is shared by the condo units, and the parking lot includes 36 unreserved striped spaces owned exclusively by the condo association.
For tenants or buyers, the consolidated condominium structure provides a practical way to align with a central business location while maintaining on-site parking access through the shared, association-owned lot. Owner-occupants may find the possibility of an early release for the second-floor tenant relevant if a transition from investment to personal use is desired.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $121.4k | $24.60 |
| − Vacancy | −$20.9k | −$4.23 |
| EGI | $100.5k | $20.37 |
| − OpEx | −$25.1k | −$5.09 |
| NOI | $75.4k | $15.28 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- La Plata
- County
- Charles
- State
- Maryland
- Longitude
- -76.97899
- Latitude
- 38.52875
