Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4235 28th Avenue Temple Hills, MD 20748

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $24 SF/Yr

    Seven-story office building in Temple Hills, Maryland, near Washington DC.

    Type:Office
    Property size:
    98,000 SF
    Added:
    Nov 21, 2025
    Days on Market:
    131
    Last Refresh:
    Mar 29 at 10:55 pm

    Property Features for 4235 28th Avenue

    General Information

    Standard status
    Active
    Size
    98,000 SF
    Property subtype
    Office

    Building Details

    Year Built
    1970

    Spaces For Lease

    at 4235 28th Avenue Contact us

    We can help!

    Listing Contact
    Jonathan Reneau

    Listing agent Jonathan Reneau

    Listing office

    Listing date Nov 21, 2025

    Source Naiglobal

    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 Jonathan Reneau

    Overview

    Established Office Building Near DC

    The Scuderi Building is a seven-story office building located in Temple Hills, Prince George's County, Maryland, just outside of Washington DC. The building is close to numerous amenities, including shopping, grocery, restaurants, and entertainment. It offers on-site parking and is quickly accessible to the Capital Beltway (I-495). Three Metro stations are located within two miles of the property. Space is available on the 6th floor, offering approximately 6,300 square feet. Immediate occupancy is available. The lease rate is $24.00 per square foot, modified gross. The property size is 98,000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Prince George’s County ... Local Government Office Dept Of Social Services High School Scuderi Building Hotel & Motel Parole & Probation Division Probation Office

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Temple Hills
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.9426
    Latitude
    38.831

    Nearby Similar for Lease

    • Contact for pricing

      Restaurant Space in Temple Hills

      Former carry-out restaurant space in a highly visible corner unit.
      4715 RALEIGH Road, TEMPLE HILLS, MD 20748
      View Details
    • Contact for pricing

      Retail Space in Temple Hills

      Retail space for lease in well-maintained Temple Hills plaza.
      5830 ALLENTOWN Way unit: 5830, TEMPLE HILLS, MD 20748
      View Details
    • Contact for pricing

      Retail Space in Temple Hills

      Well-maintained retail space available for lease in Temple Hills, MD.
      5852-5854 ALLENTOWN Way unit: 5852-5854, TEMPLE HILLS, MD 20748
      View Details
    • Contact for pricing

      Retail Space in Allentown Plaza

      Retail space available in well-maintained Allentown Way Plaza.
      5852 -5854 Allentown Way #5852-5854, TEMPLE HILLS, TEMPLE HILLS, MD 20748
      View Details
    • Contact for pricing

      Finished Warehouse Space with Office

      Drive-in warehouse space suitable for flex, showroom, wholesale, and storage.
      4572 Beech Rd, TEMPLE HILLS, MD 20748
      View Details
    • Contact for pricing

      Retail Spaces Near Washington, DC

      Retail spaces for lease in high-volume, grocery-anchored center.
      3201 - 3297 Brinkley Road, Temple Hills, MD 20748
      View Details
    • Contact for pricing

      Warehouse Space in Business Center

      Warehouse space with office, roll-up door, and included amenities.
      4544 Beech Rd, TEMPLE HILLS, MD 20748
      View Details
    • $35/mo

      Retail Space in Temple Hills

      Retail and restaurant spaces available in Temple Hills, Maryland.
      4305-4331 Saint Barnabas Rd, Temple Hills, MD
      View Details
    • Contact for pricing

      Marlow Heights Industrial Center

      Industrial spaces available for rent in Marlow Heights.
      4878-4896 Stamp Rd, Temple Hills, MD 20748
      View Details
    • Contact for pricing

      Grocery-Anchored Retail Center For Rent

      High-volume retail center with regional access near Washington, DC.
      3201-3287 Brinkley Rd, Temple Hills, MD
      View Details
    • Contact for pricing

      Marlow Heights Industrial Center

      Industrial spaces available for rent in Temple Hills, Maryland.
      4801-4827 Beech Pl, Temple Hills, MD 20748
      View Details
    • Contact for pricing

      Retail Space in Temple Hills

      Retail spaces available in well-attended Temple Hills shopping center.
      4115-4165 Branch Ave, Temple Hills, MD
      View Details

    FAQs

    What type of property is this?
    Office building - Seven-story office building in Temple Hills, Maryland, near Washington DC.
    Where is this office building located?
    The property is located at 4235 28th Avenue Temple Hills, MD.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: Immediate occupancy available.; Convenient access to the Capital Beltway (I‑495).; On‑site parking.
    (301) 918-2920
    We can help!
    Listing Contact
    Jonathan Reneau
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!