Third-Floor Medical Office
For Sale
Contact for pricing
7350 Van Dusen, Laurel, MD 20707
Class B medical condominium with surface parking near Laurel Medical Center.
Property Size1,438 SF
Price / SF$160
Days on Market9
Property Features for 7350 Van Dusen
General Information
Standard status
Active
Size
1,438 SF
Class
B
Property subtype
Office
Additional Details
Floor
3
Building Details
Stories
3
Tenancy
Multi
Listing Agency:
Health-Pro Realty Group
Listed By:
Luke Poulos · License #5005869
Source:
Crexi
Added: Aug 13
Changed: Aug 18
Last Checked: Aug 21 at 6:49AM
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 Health-Pro Realty Group
Investment Insights
Based on property information with market context.
This 1,438-square-foot, third-floor medical condominium is classified as Class B space within a condominium park with a strong medical presence. The property is located at 7350 Van Dusen in Laurel, Maryland, and includes access to ample surface parking at no charge.
The suite sits 0.1 mile from Laurel Medical Center and approximately 1/2 mile from MD 206, providing access to regional routes including the Intercounty Connector and I-95. Its medical-oriented setting and surrounding professional occupancy support continued use as a physician or healthcare office, subject to applicable approvals.
The suite sits 0.1 mile from Laurel Medical Center and approximately 1/2 mile from MD 206, providing access to regional routes including the Intercounty Connector and I-95. Its medical-oriented setting and surrounding professional occupancy support continued use as a physician or healthcare office, subject to applicable approvals.
Key Highlights
- 1,438 square feet of third‑floor Class B medical office space
- Located within a medical‑focused condominium park
- Ample free surface parking
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,850
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$417,000
$417.0K
Cap Rate 7%
$297,857
$297.9K
Cap Rate 9%
$231,667
$231.7K
Market Conditions
NOI Build-Up for 1,438 SF
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.
Gross rent
$38.8K $27.00/SF
− Vacancy
−$4.1K −$2.84/SF
EGI
$34.7K $24.17/SF
− OpEx
−$13.9K −$9.67/SF
NOI
$20.8K $14.50/SF
Area
Anne Arundel County, MD
Vacancy
10.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$417,000
Cap Rate 7%
$297,857
Cap Rate 9%
$231,667
Alternative Uses
Best Use
Healthcare Medical
$297.9K
$260.6K – $347.5K
NOI $20,850 @ 7.0% cap · market cap 9.06%
Second Best
Office B
$144.0K
$126.0K – $168.0K
NOI $10,082 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$420.7K
$368.1K – $490.8K
NOI $29,446 @ 7.0% cap · market cap 12.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
642
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 20707, MD
37,702
Population
15,146
Households
2.5
Avg Household Size
37
Median Age
45%
College-Educated
89%
High-School Grad
12.6 sq mi
ZIP Area
2,992
Density / Sq Mi
$104,093
Median Household Income
$58,633
Median Earnings
$1,880
Median Rent
$411,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Banfield Pet Hospital — 13600 Baltimore Ave #160, Laurel, MD 20707
- Spay Now Laurel Animal Surgery Clinic — 7401 Van Dusen Rd, Laurel, MD 20707
Frequently Asked Questions
What type of property is this?
Medical Office Space - Class B medical condominium with surface parking near Laurel Medical Center.
Where is this medical office space located?
The property is located at 7350 Van Dusen Laurel, MD.
What is the asking price?
The asking price for this property is $230,080.
What are key features of this property?
This property features: 1,438 square feet of third‑floor Class B medical office space; Located within a medical‑focused condominium park; Ample free surface parking
