Second-Floor Office
For Sale
$149,900
7700 Old Branch Avenue A 202, Clinton, MD 20735
Leased office condominium with elevator access and future owner-occupancy flexibility.
Property Size856 SF
Price / SF$175.12
Days on Market51
Property Features for 7700 Old Branch Avenue A 202
General Information
Standard status
Active
Size
856 SF
Elevators
Yes
Additional Details
Floor
2
Building Details
Year Built
1981
Listing Agency:
Jim Hall Real Estate
Listed By:
Julie H Marshall · License #81213
(301) 856-2950
Source:
Belegacyre
Added: Aug 26
Changed: Oct 12
Last Checked: Oct 7 at 3:01PM
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 Jim Hall Real Estate
Investment Insights
Based on property information with market context.
This second-floor office unit offers 856 square feet within a building constructed in 1981. An elevator serves the floor, providing convenient access to the suite.
The unit is currently leased, with the lease scheduled to expire in February. The property may support either continued investment ownership or future owner occupancy after the existing lease term.
The unit is currently leased, with the lease scheduled to expire in February. The property may support either continued investment ownership or future owner occupancy after the existing lease term.
Key Highlights
- 856‑square‑foot office unit on the building’s second floor
- Elevator access serves the second‑floor unit
- Currently leased with lease expiration in February
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,077
Cap Rate
8.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,540
$261.5K
Cap Rate 7%
$186,814
$186.8K
Cap Rate 9%
$145,300
$145.3K
Market Conditions
NOI Build-Up for 856 SF
Gross rent
$21.1K $24.60/SF
− Vacancy
−$3.6K −$4.23/SF
EGI
$17.4K $20.37/SF
− OpEx
−$4.4K −$5.09/SF
NOI
$13.1K $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%
$261,540
Cap Rate 7%
$186,814
Cap Rate 9%
$145,300
Alternative Uses
Best Use
Office B
$186.8K
$163.5K – $218.0K
NOI $13,077 @ 7.0% cap · market cap 8.72%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$276.1K
$241.6K – $322.2K
NOI $19,330 @ 7.0% cap · market cap 12.90%
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
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Leased office condominium with elevator access and future owner-occupancy flexibility.
Where is this office units located?
The property is located at 7700 Old Branch Avenue A 202 Clinton, MD.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 856‑square‑foot office unit on the building’s second floor; Elevator access serves the second‑floor unit; Currently leased with lease expiration in February
