Office Units with Month-to-Month
For Sale
$225,000
7759 BELLE POINT DRIVE, Greenbelt, MD 20770
Two professionally finished commercial units offer flexible layouts, upgraded lighting, and central air.
Property Size850 SF
Price / SF$264.71
Days on Market52
Property Features for 7759 BELLE POINT DRIVE
General Information
Standard status
Active
Size
850 SF
Property subtype
Office
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$3,045
Amenities
ample parking
public transit access
Central Air
3
No Parking.
Building Details
Year Built
1990
Listing Agency:
EXP Realty, LLC
(301) 281-6981
Listed By:
Jonathan Lahey · License #SP98369515
(301) 281-6981
Source:
Xome
Added: Jun 27
Changed: Aug 16
Last Checked: Aug 16 at 8:30AM
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 commercial office units at 7759 and 7753 Belle Point Drive, each offered separately. The spaces feature professionally finished interiors, quality flooring, upgraded lighting, central air, and adaptable floorplans suitable for continued commercial operation. One active month-to-month lease is in place for a barber shop and beauty salon.
Both units are located in Greenbelt, Maryland, with access to public transit noted in the property information. The buildings date to 1990, and the existing interior improvements support continued use without a substantial interior buildout.
Both units are located in Greenbelt, Maryland, with access to public transit noted in the property information. The buildings date to 1990, and the existing interior improvements support continued use without a substantial interior buildout.
Key Highlights
- Two commercial units offered separately at 7759 and 7753 Belle Point Drive
- Active month‑to‑month lease currently operates as a barber shop and beauty salon
- Professionally finished interiors 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
Office B
$185.5K
$162.3K – $216.4K
NOI $12,985 @ 7.0% cap · market cap 5.77%
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
Location Intelligence
Trade Area within ½ mile
1,074
Businesses Nearby
Explore this area
Business Placement
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 Office 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?
Office units - Two professionally finished commercial units offer flexible layouts, upgraded lighting, and central air.
Where is this office units located?
The property is located at 7759 BELLE POINT DRIVE 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 commercial units offered separately at 7759 and 7753 Belle Point Drive; Active month‑to‑month lease currently operates as a barber shop and beauty salon; Professionally finished interiors with quality flooring and upgraded lighting
