Two-Level Office
New
For Sale
Contact for pricing
5879 ALLENTOWN ROAD #39, Suitland, MD 20746
Each floor can be leased separately, with open-plan space and private restrooms.
Property Size1,929 SF
Price / SF$1.56
Days on Market7
Property Features for 5879 ALLENTOWN ROAD #39
General Information
Standard status
Active
Size
1,929 SF
Property subtype
Commercial
Additional Details
Property Use
Medical Office
Building Details
Year Built
1987
Listing Agency:
Samson Properties
(703) 378-8810
Listed By:
Nik Biberaj · License #0225226782
(571) 451-7940
Source:
Cummingsrealtors
Added: Oct 22
Changed: Oct 27
Last Checked: Oct 28 at 7:58AM
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 1,929-square-foot office condominium spans two levels and was built in 1987. Its open-plan interior includes two private restrooms, and the floors are available for separate leasing. The property is presented for professional or medical office use, with parking available on site.
Key Highlights
- 1,929‑square‑foot office condominium across two levels
- Built in 1987
- Open‑plan layout with two private restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,469
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,380
$589.4K
Cap Rate 7%
$420,986
$421.0K
Cap Rate 9%
$327,433
$327.4K
Market Conditions
NOI Build-Up for 1,929 SF
Gross rent
$47.5K $24.60/SF
− Vacancy
−$8.2K −$4.23/SF
EGI
$39.3K $20.37/SF
− OpEx
−$9.8K −$5.09/SF
NOI
$29.5K $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%
$589,380
Cap Rate 7%
$420,986
Cap Rate 9%
$327,433
Alternative Uses
Best Use
Office B
$421.0K
$368.4K – $491.2K
NOI $29,469 @ 7.0% cap · market cap 982.30%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$622.3K
$544.5K – $726.0K
NOI $43,560 @ 7.0% cap · market cap 1,452.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
998
Businesses Nearby
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Business Placement
Demographics for 20746, MD
31,635
Population
14,075
Households
2.2
Avg Household Size
37
Median Age
25%
College-Educated
93%
High-School Grad
7.6 sq mi
ZIP Area
4,163
Density / Sq Mi
$78,391
Median Household Income
$54,930
Median Earnings
$1,735
Median Rent
$325,000
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Each floor can be leased separately, with open-plan space and private restrooms.
Where is this office unit located?
The property is located at 5879 ALLENTOWN ROAD #39 Suitland, MD.
What are key features of this property?
This property features: 1,929‑square‑foot office condominium across two levels; Built in 1987; Open‑plan layout with two private restrooms
