Medical Office
6132 Landover Road, Cheverly, MD 20785
For Sale
$250,000
Traditional medical office layout with reception, waiting area, four private offices, and a dedicated bathroom.
Property Size9,183 SF
Price / SF$265.39
Days on Market99
Property Features for 6132 Landover Road
General Information
Standard status
Size
Property subtype
Financials
Asking Price
HOA Fee
Site & Location
Neighborhood
Public Transit
Amenities
24 Hour Access
Separately Metered Utilities
Building Details
Building Size
Listed By:
Steve Catalano · License MD #639306
(301) 646-9310
Source:
Naiglobal
Added: Aug 8
Changed: Nov 6
Last Checked: Nov 12 at 6:37AM
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 Steve Catalano
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Investment Insights
Based on property information with market context.
This medical office condominium at 6132 Landover Rd features a traditional multi-office arrangement with a waiting area, reception room, four offices, and a private bathroom. Separately metered utilities and 24-hour access support day-to-day professional use. The approximately 942-square-foot size is omitted because the source provides conflicting property-size figures.
The property is in Cheverly with access to major throughfares and public transportation. Cheverly Metro Station is nearby, and Landover Rd (Rt 202) records a traffic count of 39,400 vpd. The location also provides proximity to amenities and the nation’s capital.
The property is in Cheverly with access to major throughfares and public transportation. Cheverly Metro Station is nearby, and Landover Rd (Rt 202) records a traffic count of 39,400 vpd. The location also provides proximity to amenities and the nation’s capital.
Key Highlights
- Four‑office medical suite with waiting area and reception room
- Private bathroom and separately metered utilities
- 24 Hour Access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,391
Cap Rate
5.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$287,820
$287.8K
Cap Rate 7%
$205,586
$205.6K
Cap Rate 9%
$159,900
$159.9K
Market Conditions
NOI Build-Up for 942 SF
Gross rent
$23.2K $24.60/SF
− Vacancy
−$4.0K −$4.23/SF
EGI
$19.2K $20.37/SF
− OpEx
−$4.8K −$5.09/SF
NOI
$14.4K $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%
$287,820
Cap Rate 7%
$205,586
Cap Rate 9%
$159,900
Alternative Uses
Best Use
Office B
$205.6K
$179.9K – $239.9K
NOI $14,391 @ 7.0% cap · market cap 5.76%
Second Best
Healthcare Medical
$161.7K
$141.5K – $188.6K
NOI $11,318 @ 7.0% cap · market cap 4.53%
Theoretical Best
Specialty Retail
$303.9K
$265.9K – $354.5K
NOI $21,272 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
928
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 20785, MD
41,636
Population
16,202
Households
2.6
Avg Household Size
35
Median Age
30%
College-Educated
88%
High-School Grad
10.1 sq mi
ZIP Area
4,122
Density / Sq Mi
$83,690
Median Household Income
$45,595
Median Earnings
$1,764
Median Rent
$346,000
Median Home Value
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Market
Average Price Trend$/SF for Medical Office Space in Prince George's County, MD
Properties on Market for Medical Office Space in Prince George's County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Traditional medical office layout with reception, waiting area, four private offices, and a dedicated bathroom.
Where is this medical office space located?
The property is located at 6132 Landover Road Cheverly, MD.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Four‑office medical suite with waiting area and reception room; Private bathroom and separately metered utilities; 24 Hour Access
