Turnkey Retail Storefront
For Sale
$225,000
7753 BELLE POINT DRIVE #3/3/77, Greenbelt, MD 20770
Two professionally finished storefront units are available for sale, each currently leased on a month-to-month basis.
Property Size850 SF
Price / SF$264.71
Days on Market58
Property Features for 7753 BELLE POINT DRIVE #3/3/77
General Information
Standard status
Active
Size
850 SF
Property subtype
Commercial
Occupancy
100%
Additional Details
Business Included
Yes
Building Details
Year Built
1990
Listing Agency:
EXP Realty, LLC
(301) 281-6981
Listed By:
Jonathan S Lahey · License #0225099090
(301) 281-6981
Source:
Cummingsrealtors
Added: Jun 28
Changed: Aug 24
Last Checked: Aug 24 at 5:17AM
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 EXP Realty, LLC
Investment Insights
Based on property information with market context.
This offering includes two turnkey commercial storefront units, sold separately, with professional finishes designed for immediate occupancy. The current operation includes an active month-to-month lease running as a barber shop and beauty salon. Interiors feature quality flooring, upgraded lighting, and strong infrastructure, supported by modern, flexible floorplans intended to adapt to a range of retail or service uses.
The properties are located at 7753 Belle Point Dr and 7759 Belle Point Dr in Greenbelt, Maryland. The configuration supports day-to-day customer access, with ample parking and public transit access described as part of the overall convenience.
For owner-operators, these spaces provide a ready-to-run setup with existing improvements in place. For investors, the current month-to-month leasing provides an on-site operating scenario while maintaining the flexibility that comes with a short-form lease structure. Each unit is offered separately, allowing buyers to acquire one or both storefronts depending on their business or portfolio goals.
The properties are located at 7753 Belle Point Dr and 7759 Belle Point Dr in Greenbelt, Maryland. The configuration supports day-to-day customer access, with ample parking and public transit access described as part of the overall convenience.
For owner-operators, these spaces provide a ready-to-run setup with existing improvements in place. For investors, the current month-to-month leasing provides an on-site operating scenario while maintaining the flexibility that comes with a short-form lease structure. Each unit is offered separately, allowing buyers to acquire one or both storefronts depending on their business or portfolio goals.
Key Highlights
- Two turnkey commercial units for sale at 7759 Belle Point Dr Unit #3/3/77 and 7753 Belle Point Dr Unit #3/3/77 in Greenbelt, MD 20770 (sold separately)
- Year built: 1990
- Each unit is professionally finished with quality flooring and upgraded lighting
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
$19,095
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
8.49%
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%
$381,900
$381.9K
Cap Rate 7%
$272,786
$272.8K
Cap Rate 9%
$212,167
$212.2K
Market Conditions
NOI Build-Up for 850 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
$28.9K $33.96/SF
− Vacancy
−$1.6K −$1.87/SF
EGI
$27.3K $32.09/SF
− OpEx
−$8.2K −$9.63/SF
NOI
$19.1K $22.46/SF
Area
Prince George's County, MD
Vacancy
5.50%
Lease Rate
$33.96 /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%
$381,900
Cap Rate 7%
$272,786
Cap Rate 9%
$212,167
Alternative Uses
Best Use
Retail
$272.8K
$238.7K – $318.3K
NOI $19,095 @ 7.0% cap · market cap 8.49%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$274.2K
$239.9K – $319.9K
NOI $19,194 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,364
Businesses Nearby
39k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Dining 25%
Hotels & Casinos 14%
Royal Farms
Shops & Services
23,972 visits/mo
0.2 miles
TGI Fridays
Dining
9,590 visits/mo
0.3 miles
Hilton Garden Inn
Hotels & Casinos
2,364 visits/mo
0.4 miles
Residence Inn Greenbelt
Hotels & Casinos
1,773 visits/mo
0.5 miles
WoodSpring Suites Washington DC Northeast Greenbelt
Hotels & Casinos
1,241 visits/mo
0.4 miles
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Two professionally finished storefront units are available for sale, each currently leased on a month-to-month basis.
Where is this storefront property located?
The property is located at 7753 BELLE POINT DRIVE #3/3/77 Greenbelt, MD.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two turnkey commercial units for sale at 7759 Belle Point Dr Unit #3/3/77 and 7753 Belle Point Dr Unit #3/3/77 in Greenbelt, MD 20770 (sold separately); Year built: 1990; Each unit is professionally finished with quality flooring and upgraded lighting
