Medical Office Condo
6132 Landover Road Cheverly, MD 20785
New
6132 Landover Road, Cheverly, MD, 20785
$250,000
For Sale
$250,000
Traditional multi-office layout with a reception area, four private offices, and a private bathroom.
Property Size942 SF
Price / SF$265.39
Days on Market1
Property Features for 6132 Landover Road
General Information
- Standard status
- Active
- Size
- 942 SF
- Property subtype
- Office
Listing Agency
(301) 646-9310
Listed by
Steve Catalano
(301) 646-9310
Source
Naimichael
Added: Jul 18 Checked: Jul 18 at 4:43 am
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
Investment Insights
Based on property information with market context.
This medical office condo suite features a traditional multi-office layout with a waiting area and reception room, four private offices, and a private bathroom. The space also includes separately metered utilities and offers 24-hour access.
The condo is available for sale or lease. A condo fee of approximately $200 per month is noted.
The suite totals approximately 942 square feet and is presented as an office condo configured for professional use.
The condo is available for sale or lease. A condo fee of approximately $200 per month is noted.
The suite totals approximately 942 square feet and is presented as an office condo configured for professional use.
Key Highlights
- Medical/office condo with a traditional multi‑office layout, approx. 942 SF
- Reception/waiting area plus four private offices
- Private bathroom included
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 | $23.2k | $24.60 |
| − Vacancy | −$4.0k | −$4.23 |
| EGI | $19.2k | $20.37 |
| − OpEx | −$4.8k | −$5.09 |
| NOI | $14.4k | $15.28 |
942 SF · lease $24.60/SF/yr · vacancy 17.20% · expense 25.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Traditional multi-office layout with a reception area, four private offices, and a private bathroom.
Where is this office units 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: Medical/office condo with a traditional multi‑office layout, approx. 942 SF; Reception/waiting area plus four private offices; Private bathroom included
