Second-Floor Office
New
For Sale
$194,995
7803 Belle Point Dr, Greenbelt, MD 20770
The suite has 24-hour building access and unreserved surface parking.
Property Size870 SF
Price / SF$224.13
Days on Market4
Property Features for 7803 Belle Point Dr
General Information
Standard status
Active
Size
870 SF
Property subtype
Commercial
Additional Details
Floor
2
Highway Access
Yes
Property Use
Office
Taxes and HOA fees
Annual Taxes
$3,052
Amenities
24-hour building access
Building Details
Year Built
2000
Listing Agency:
RE/MAX GALAXY
(888) 884-3396
Listed By:
ALIREZA SOUMALI · License #5014636
(202) 751-8885
Source:
Corcoran
Added: Oct 25
Changed: Oct 26
Last Checked: Oct 28 at 8:29AM
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 RE/MAX GALAXY
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Investment Insights
Based on property information with market context.
Located on the second floor of Belle Point Office Park, this office suite contains approximately 870 square feet. The adjoining 860-square-foot office at 7807 Belle Point Drive is also available on the same floor; a connecting door can join the suites for approximately 1,730 square feet. The building was constructed in 2000 and provides 24-hour access, with unreserved surface parking available.
Access routes include I-95/I-495, the Baltimore-Washington Parkway, and Greenbelt Road.
Access routes include I-95/I-495, the Baltimore-Washington Parkway, and Greenbelt Road.
Key Highlights
- Approximately 870 square feet on the second floor
- Adjacent 860‑square‑foot office at 7807 Belle Point Drive is also available
- Connecting door permits the suites to be combined for approximately 1,730 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,291
Cap Rate
6.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$265,820
$265.8K
Cap Rate 7%
$189,871
$189.9K
Cap Rate 9%
$147,678
$147.7K
Market Conditions
NOI Build-Up for 870 SF
Gross rent
$21.4K $24.60/SF
− Vacancy
−$3.7K −$4.23/SF
EGI
$17.7K $20.37/SF
− OpEx
−$4.4K −$5.09/SF
NOI
$13.3K $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%
$265,820
Cap Rate 7%
$189,871
Cap Rate 9%
$147,678
Alternative Uses
Best Use
Office B
$189.9K
$166.1K – $221.5K
NOI $13,291 @ 7.0% cap · market cap 6.82%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$280.7K
$245.6K – $327.4K
NOI $19,646 @ 7.0% cap · market cap 10.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The suite has 24-hour building access and unreserved surface parking.
Where is this office unit located?
The property is located at 7803 Belle Point Dr Greenbelt, MD.
What is the asking price?
The asking price for this property is $194,995.
What are key features of this property?
This property features: Approximately 870 square feet on the second floor; Adjacent 860‑square‑foot office at 7807 Belle Point Drive is also available; Connecting door permits the suites to be combined for approximately 1,730 square feet
