Fenced Flex Space with
For Sale
$599,000
7718 Delano Rd, Clinton, MD 20735
Fenced contractor-oriented property with office space, IE zoning, available utilities, and updated HVAC.
Property Size1,430 SF
Price / SF$418.88
Days on Market52
Property Features for 7718 Delano Rd
General Information
Standard status
Active
Size
1,430 SF
Building Details
Year Built
1961
Listing Agency:
Land & Commercial, INC
(301) 952-9700
Listed By:
Carrie J Shearer · License #630339
Source:
Coalitionpg
Added: Jul 10
Changed: Aug 29
Last Checked: Aug 25 at 4:21AM
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 Land & Commercial, INC
Investment Insights
Based on property information with market context.
This flex-space property combines a brick office structure with a fenced outdoor area suited to contractor operations. The building dates to 1961 and has new HVAC, while all utilities are available. IE zoning permits contractor-related vehicle use and storage of equipment, supporting a functional office-and-yard configuration.
The property is located at 7718 Delano Rd in Clinton, Maryland, with access to Route 5, Branch Ave, and the I-95/495 corridor. Its zoning, fencing, and outdoor storage capability provide a practical setup for a contractor requiring both office space and secured equipment area.
The property is located at 7718 Delano Rd in Clinton, Maryland, with access to Route 5, Branch Ave, and the I-95/495 corridor. Its zoning, fencing, and outdoor storage capability provide a practical setup for a contractor requiring both office space and secured equipment area.
Key Highlights
- IE zoning permits contractor vehicle use and storage of equipment
- Fenced outdoor area paired with office space
- Brick structure built in 1961
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
$22,675
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
3.79%
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%
$453,500
$453.5K
Cap Rate 7%
$323,929
$323.9K
Cap Rate 9%
$251,944
$251.9K
Market Conditions
NOI Build-Up for 1,430 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
$36.9K $25.80/SF
− Vacancy
−$4.5K −$3.15/SF
EGI
$32.4K $22.65/SF
− OpEx
−$9.7K −$6.80/SF
NOI
$22.7K $15.86/SF
Area
Prince George's County, MD
Vacancy
12.20%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
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%
$453,500
Cap Rate 7%
$323,929
Cap Rate 9%
$251,944
Alternative Uses
Best Use
Industrial
$323.9K
$283.4K – $377.9K
NOI $22,675 @ 7.0% cap · market cap 3.79%
Second Best
Flex RnD
$227.3K
$198.9K – $265.2K
NOI $15,911 @ 7.0% cap · market cap 2.66%
Theoretical Best
Specialty Retail
$461.3K
$403.7K – $538.2K
NOI $32,292 @ 7.0% cap · market cap 5.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
343
Businesses Nearby
Under-served
Demand for This Use
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 Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Fenced contractor-oriented property with office space, IE zoning, available utilities, and updated HVAC.
Where is this flex space located?
The property is located at 7718 Delano Rd Clinton, MD.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: IE zoning permits contractor vehicle use and storage of equipment; Fenced outdoor area paired with office space; Brick structure built in 1961
