Brick Office Condominium
For Sale
$299,900
7700 OLD BRANCH Avenue, Clinton, MD 20735
Commercial Sale, CLINTON, MD
Property Size1,700 SF
Price / SF$176.41
Days on Market317
Property Features for 7700 OLD BRANCH Avenue
General Information
Property type
Other
Property subtype
Office
Subdivision
S D S SQUARE
Elementary school district
PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Middle school district
PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
High school district
PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
1141
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Amenities
landscaped
Building Details
Year built
1982
Building materials
Brick
Listing Agency:
Jim Hall Real Estate
(301) 609-8747
Listed By:
Julie H Marshall · License #81213
(301) 520-2310
Added: Nov 10, 2025
Changed: Sep 5
Last Checked: Sep 23 at 9:06AM
MLS# MDPG2182916
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering comprises two office condominium units within an all-brick building constructed in 1982. The units are tenant occupied and provide an income-producing configuration for an office-focused owner or investor. Heat pump systems provide both heating and cooling, while several elevators serve the building.
The condominium arrangement includes grounds maintenance, snow removal, trash service, and water. Additional condominium units are available separately or as part of a package, including the adjacent 850-square-foot unit. The property is located at 7700 Old Branch Avenue in Clinton, Maryland, within Prince George’s County.
The condominium arrangement includes grounds maintenance, snow removal, trash service, and water. Additional condominium units are available separately or as part of a package, including the adjacent 850-square-foot unit. The property is located at 7700 Old Branch Avenue in Clinton, Maryland, within Prince George’s County.
Key Highlights
- Two tenant‑occupied office condominium units
- All‑brick building constructed in 1982
- Several elevators available within the building
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
$25,970
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
8.66%
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%
$519,400
$519.4K
Cap Rate 7%
$371,000
$371.0K
Cap Rate 9%
$288,556
$288.6K
Market Conditions
NOI Build-Up for 1,700 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
$41.8K $24.60/SF
− Vacancy
−$7.2K −$4.23/SF
EGI
$34.6K $20.37/SF
− OpEx
−$8.7K −$5.09/SF
NOI
$26.0K $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 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%
$519,400
Cap Rate 7%
$371,000
Cap Rate 9%
$288,556
Alternative Uses
Best Use
Office B
$371.0K
$324.6K – $432.8K
NOI $25,970 @ 7.0% cap · market cap 8.66%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$548.4K
$479.9K – $639.8K
NOI $38,389 @ 7.0% cap · market cap 12.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Office units
2
Residential units
Location Intelligence
Trade Area within ½ mile
852
Businesses Nearby
Explore this area
Business Placement
Demographics for 20735, MD
38,200
Population
13,670
Households
2.8
Avg Household Size
44
Median Age
33%
College-Educated
90%
High-School Grad
25.9 sq mi
ZIP Area
1,475
Density / Sq Mi
$123,125
Median Household Income
$59,610
Median Earnings
$1,915
Median Rent
$401,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Tenant-occupied office condominium units in an all-brick building with shared elevator access and maintained common grounds.
Where is this office units located?
The property is located at 7700 OLD BRANCH Avenue Clinton, MD.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two tenant‑occupied office condominium units; All‑brick building constructed in 1982; Several elevators available within the building
