Second-Floor Office
New
For Sale
$193,995
7807 BELLE POINT DRIVE, Greenbelt, MD 20770
Central air and surface parking serve this office space within Belle Point Office Park.
Property Size860 SF
Days on Market4
Property Features for 7807 BELLE POINT DRIVE
General Information
Standard status
Active
Size
860 SF
Total Parking Spaces
2
Zoning
CO
Additional Details
Floor
2
Taxes and HOA fees
Annual Taxes
$3,018
Amenities
Central Air, Electric
Electric, Central
Electric Water Heater
On Street, Parking Lot
Building Details
Building Size
860 SF
Year Built
2000
Stories
2
Listed By:
Alan Soumali
(202) 751-8885
Source:
Evrealestate
Added: Oct 25
Changed: Oct 27
Last Checked: Oct 28 at 8:53AM
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 Alan Soumali
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office unit occupies the second floor of a building constructed in 2000. The space has central air conditioning, electric service, and an electric water heater. Zoning is CO.
Parking is available in the office park lot, with on-street parking also listed. The property is at 7807 Belle Point Drive in Greenbelt, Maryland, within Belle Point Office Park.
Parking is available in the office park lot, with on-street parking also listed. The property is at 7807 Belle Point Drive in Greenbelt, Maryland, within Belle Point Office Park.
Key Highlights
- Second‑floor office unit
- Building constructed in 2000
- Central air conditioning and electric water heater
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,138
Cap Rate
6.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$262,760
$262.8K
Cap Rate 7%
$187,686
$187.7K
Cap Rate 9%
$145,978
$146.0K
Market Conditions
NOI Build-Up for 860 SF
Gross rent
$21.2K $24.60/SF
− Vacancy
−$3.6K −$4.23/SF
EGI
$17.5K $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%
$262,760
Cap Rate 7%
$187,686
Cap Rate 9%
$145,978
Alternative Uses
Best Use
Office B
$187.7K
$164.2K – $219.0K
NOI $13,138 @ 7.0% cap · market cap 6.77%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$277.4K
$242.8K – $323.7K
NOI $19,420 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Central air and surface parking serve this office space within Belle Point Office Park.
Where is this office unit located?
The property is located at 7807 BELLE POINT DRIVE Greenbelt, MD.
What is the asking price?
The asking price for this property is $193,995.
What are key features of this property?
This property features: Second‑floor office unit; Building constructed in 2000; Central air conditioning and electric water heater
