For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Renovated Condominium Office Suite Title is generated by Realmo AI

    3321 Toledo Terrace Unit 1-10, Hyattsville, MD 20782

    View on Map
    Claim this Listing
    For Sale
    $252,000

    Renovated office unit in a professionally managed condominium with ample surrounding parking and nearby established businesses.

    Type:Office
    Property size:
    1,210 SF
    Price / SF:
    $208/SF
    Added:
    Apr 24, 2026
    Days on Market:
    53
    Last Refresh:
    Jun 15 at 3:20 am

    Property Features for 3321 Toledo Terrace Unit 1-10

    General Information

    Standard status
    Active
    Size
    1,210 SF
    Property subtype
    Office

    Building Details

    Year Built
    1991

    We can help!

    Listing Contact
    Leah Webster

    Listing agent Leah Webster

    Listing office RE/MAX Allegiance

    Listing date Apr 24, 2026

    Source Xome

    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 RE/MAX Allegiance

    HighLights

    • Renovated office condominium unit in a professionally managed complex
    • Directly across from the Mall at Prince Georges
    • Central air cooling; heating listed as “3”
    • Zoned MUI
    • Ample parking surrounding the entire condominium complex
    • Year built: 1991

    Overview

    This renovated office condominium unit is move-in ready, with updates already completed and room for a final round of paint to match an owner’s or tenant’s preferences. The property is part of a well-kept condominium project that is professionally managed, providing a maintained environment for daily operations. The surrounding commercial mix across neighboring units supports a business-focused setting.

    The unit is located directly across from the Mall at Prince Georges, placing it within easy reach of retail and services. Ample parking surrounds the condominium complex, which can help accommodate employees, clients, and visitors.

    For buyers, the combination of a renovated interior and a professionally managed condo setting can reduce near-term upkeep concerns. For owner-occupants, the existing condition and established neighbor mix may be well-suited for small professional offices that benefit from convenient off-street parking and a stable commercial presence within the condominium project.

    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 $29.8k $24.60
    − Vacancy −$5.1k −$4.23
    EGI $24.6k $20.37
    − OpEx −$6.2k −$5.09
    NOI $18.5k $15.28
    1,210 SF · lease $24.60/SF/yr · vacancy 17.20% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $264.1K
    $231.1K – $308.1K (±1% cap)
    NOI $18,485 @ 7.0% cap · market cap 7.34%
    Second Best
    no second resolved use
    Theoretical Best
    Specialty Retail
    $390.3K
    $341.6K – $455.4K (±1% cap)
    NOI $27,324 @ 7.0% cap · market cap 10.84%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    D Angella Studios Hair Salon EXIT ABOVE REALTY Real Estate Agency Carole J Hair ... Hair Salon Djam's Hair Braiding Hair Salon Al's Custom Tailoring (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hyattsville
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.9613427
    Latitude
    38.9689338

    FAQs

    What type of property is this?
    Office units - Renovated office unit in a professionally managed condominium with ample surrounding parking and nearby established businesses.
    Where is this office units located?
    The property is located at 3321 Toledo Terrace Unit 1-10 Hyattsville, MD.
    What is the asking price?
    The asking price for this property is $252,000.
    What are key features of this property?
    This property features: Renovated office condominium unit in a professionally managed complex; Directly across from the Mall at Prince Georges; Central air cooling; heating listed as “3”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message