Medical Office Condo in Medical
For Sale
Contact for pricing
7350 Van Dusen Rd, Laurel, MD 20707
Medical office condo in Medical Arts Building, zoned CO and positioned near University of Maryland Health Systems.
Property Size1,460 SF
Price / SF$225
Days on Market823
Property Features for 7350 Van Dusen Rd
General Information
Standard status
Active
Size
1,460 SF
Property subtype
OFFICE
Zoning
CO
Listing Agency:
Lee & Associates | Columbia
(410) 299-2500
Listed By:
Bill Harrison
(410) 299-2500
Source:
Moodyscre
Added: Apr 29, 2024
Changed: Jul 26
Last Checked: Jul 30 at 9:48AM
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 Lee & Associates | Columbia
Investment Insights
Based on property information with market context.
This prominent 71,700 SF medical office condo is located within the Medical Arts Building and is offered for sale (with leasing also referenced). The property is zoned CO, supporting medical office use within the existing condo configuration.
Situated at 7350 Van Dusen Rd in Laurel, MD, the offering is positioned near the University of Maryland Health Systems. The marketing materials also describe the surrounding area as home to prominent medical tenants, reinforcing the property’s fit for users seeking convenient access to a large regional healthcare network.
Situated at 7350 Van Dusen Rd in Laurel, MD, the offering is positioned near the University of Maryland Health Systems. The marketing materials also describe the surrounding area as home to prominent medical tenants, reinforcing the property’s fit for users seeking convenient access to a large regional healthcare network.
Key Highlights
- 71,700 SF medical office condo in the Medical Arts Building
- Zoned CO
- Located near University of Maryland Health Systems
Financial Insights For Healthcare Medical
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 | $39.4k | $27.00 |
| − Vacancy | −$4.1k | −$2.84 |
| EGI | $35.3k | $24.17 |
| − OpEx | −$14.1k | −$9.67 |
| NOI | $21.2k | $14.50 |
1,460 SF · lease $27.00/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$302.4K
$264.6K – $352.8K
NOI $21,169 @ 7.0% cap · market cap 6.44%
Second Best
Office B
$146.2K
$128.0K – $170.6K
NOI $10,236 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$427.1K
$373.7K – $498.3K
NOI $29,896 @ 7.0% cap · market cap 9.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
669
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 - Medical office condo in Medical Arts Building, zoned CO and positioned near University of Maryland Health Systems.
Where is this medical office space located?
The property is located at 7350 Van Dusen Rd Laurel, MD.
What is the asking price?
The asking price for this property is $328,500.
What are key features of this property?
This property features: 71,700 SF medical office condo in the Medical Arts Building; Zoned CO; Located near University of Maryland Health Systems
