Second-Floor Office Condominium
For Sale
$250,000
7611 S Osborne Rd Unit 201, Upper Marlboro, MD 20772
Second-floor office suite in the Osborne Professional Center with professional management and ample surface parking.
Property Size1,414 SF
Price / SF$176.80
Days on Market96
Property Features for 7611 S Osborne Rd Unit 201
General Information
Standard status
Active
Size
1,414 SF
Class
B
Building Details
Year Built
1990
Listing Agency:
Hyatt Commercial
Listed By:
Courtney D. Phipps · License #670476
(301) 861-9431
Source:
Selltheshore
Added: Jul 26
Changed: Oct 25
Last Checked: Oct 7 at 3:12PM
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 Hyatt Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This second-floor office condominium suite is located within the Osborne Professional Center, a Class B office condominium community with professional management. The suite provides an efficient layout designed for a range of professional office users.
The property is conveniently positioned just off Route 301 (Crain Highway), offering regional access to Upper Marlboro and Prince George’s County government offices, as well as Joint Base Andrews and the Capital Beltway. It is also described as minutes from Upper Marlboro’s government district and major commuter routes.
The center offers abundant surface parking, and the suite is presented as an option for owner-users or investors looking for an alternative to leasing.
The property is conveniently positioned just off Route 301 (Crain Highway), offering regional access to Upper Marlboro and Prince George’s County government offices, as well as Joint Base Andrews and the Capital Beltway. It is also described as minutes from Upper Marlboro’s government district and major commuter routes.
The center offers abundant surface parking, and the suite is presented as an option for owner-users or investors looking for an alternative to leasing.
Key Highlights
- Second‑floor office condominium suite in the Osborne Professional Center (Year Built: 1990)
- Efficient office layout suited for professional users and owner‑users
- Professional management and Class B office condominium setting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,601
Cap Rate
8.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$432,020
$432.0K
Cap Rate 7%
$308,586
$308.6K
Cap Rate 9%
$240,011
$240.0K
Market Conditions
NOI Build-Up for 1,414 SF
Gross rent
$34.8K $24.60/SF
− Vacancy
−$6.0K −$4.23/SF
EGI
$28.8K $20.37/SF
− OpEx
−$7.2K −$5.09/SF
NOI
$21.6K $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%
$432,020
Cap Rate 7%
$308,586
Cap Rate 9%
$240,011
Alternative Uses
Best Use
Office B
$308.6K
$270.0K – $360.0K
NOI $21,601 @ 7.0% cap · market cap 8.64%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$456.2K
$399.1K – $532.2K
NOI $31,931 @ 7.0% cap · market cap 12.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
150
Businesses Nearby
Explore this area
Business Placement
Demographics for 20772, MD
51,395
Population
19,658
Households
2.6
Avg Household Size
41
Median Age
46%
College-Educated
94%
High-School Grad
72.5 sq mi
ZIP Area
709
Density / Sq Mi
$135,576
Median Household Income
$74,434
Median Earnings
$2,045
Median Rent
$443,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor office suite in the Osborne Professional Center with professional management and ample surface parking.
Where is this office unit located?
The property is located at 7611 S Osborne Rd Unit 201 Upper Marlboro, 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: Second‑floor office condominium suite in the Osborne Professional Center (Year Built: 1990); Efficient office layout suited for professional users and owner‑users; Professional management and Class B office condominium setting
