First-Floor Office
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For Sale
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7525 GREENWAY CENTER DRIVE #116, Greenbelt, MD 20770
Direct access provides straightforward entry to the office.
Property Size1,070 SF
Price / SF$2.62
Days on Market6
Property Features for 7525 GREENWAY CENTER DRIVE #116
General Information
Standard status
Active
Size
1,070 SF
Property subtype
Commercial
Additional Details
Floor
1st floor
Property Use
Office
Building Details
Year Built
1984
Listing Agency:
Pacific Realty
(703) 266-3828
Listed By:
Ki S Yoon · License #0225075463
(703) 989-8877
Source:
Cummingsrealtors
Added: Oct 23
Changed: Oct 27
Last Checked: Oct 28 at 8:31AM
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 Pacific Realty
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Investment Insights
Based on property information with market context.
This office unit is on the first floor and has direct access. The building dates to 1984 and is located at 7525 Greenway Center Drive, Greenbelt, Maryland.
Key Highlights
- First‑floor office unit with direct access
- Building constructed in 1984
- 7525 Greenway Center Drive, Greenbelt, MD 20770
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,346
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,920
$326.9K
Cap Rate 7%
$233,514
$233.5K
Cap Rate 9%
$181,622
$181.6K
Market Conditions
NOI Build-Up for 1,070 SF
Gross rent
$26.3K $24.60/SF
− Vacancy
−$4.5K −$4.23/SF
EGI
$21.8K $20.37/SF
− OpEx
−$5.4K −$5.09/SF
NOI
$16.3K $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%
$326,920
Cap Rate 7%
$233,514
Cap Rate 9%
$181,622
Alternative Uses
Best Use
Office B
$233.5K
$204.3K – $272.4K
NOI $16,346 @ 7.0% cap · market cap 583.79%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$345.2K
$302.0K – $402.7K
NOI $24,162 @ 7.0% cap · market cap 862.93%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,699
Businesses Nearby
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Business Placement
Demographics for 20770, MD
28,612
Population
12,736
Households
2.2
Avg Household Size
35
Median Age
43%
College-Educated
90%
High-School Grad
7.3 sq mi
ZIP Area
3,919
Density / Sq Mi
$84,125
Median Household Income
$48,773
Median Earnings
$1,823
Median Rent
$249,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Direct access provides straightforward entry to the office.
Where is this office unit located?
The property is located at 7525 GREENWAY CENTER DRIVE #116 Greenbelt, MD.
What are key features of this property?
This property features: First‑floor office unit with direct access; Building constructed in 1984; 7525 Greenway Center Drive, Greenbelt, MD 20770
