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Third-Floor Medical Office Space
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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 Market54

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: Sep 9 Last Checked: Oct 4 at 10:07AM

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.

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 / Yr
$17,277
Cap Rate
7.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$345,540 $345.5K
Cap Rate 7%
$246,814 $246.8K
Cap Rate 9%
$191,967 $192.0K
Market Conditions
NOI Build-Up for 1,438 SF
Gross rent
$35.4K $24.60/SF
− Vacancy
−$6.6K −$4.58/SF
EGI
$28.8K $20.02/SF
− OpEx
−$11.5K −$8.01/SF
NOI
$17.3K $12.01/SF
Area
Prince George's County, MD
Vacancy
18.60%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$345,540
Cap Rate 7%
$246,814
Cap Rate 9%
$191,967

Alternative Uses

Best Use
Office B
$313.8K
$274.6K – $366.1K (±1% cap)
NOI $21,968 @ 7.0% cap · market cap 9.55%
Second Best
Healthcare Medical
$246.8K
$216.0K – $288.0K (±1% cap)
NOI $17,277 @ 7.0% cap · market cap 7.51%
Theoretical Best
Specialty Retail
$463.9K
$405.9K – $541.2K (±1% cap)
NOI $32,472 @ 7.0% cap · market cap 14.11%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Laurel Radiology Services Medical Clinic Smile Loft Laurel Dental Office New, Used, and Rebuilt ... Auto Repair Shop Laurel Pharmacy Pharmacy Dr. Chandra Graham-Parker Physician

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Auto Repair Shop Big Box & Wholesale Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

642
Businesses Nearby
Under-served
Demand for This Use

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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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
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