Medical Office Suite with Private
For Sale
$255,000
7933 Belle Point Dr, Greenbelt, MD 20770
Well-appointed medical office suite with reception, multiple private offices, and two bathrooms for healthcare use.
Property Size1,800 SF
Price / SF$141.67
Days on Market59
Property Features for 7933 Belle Point Dr
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$3,135
Building Details
Year Built
2007
Listing Agency:
SAMSON PROPERTIES
(443) 542-2251
Listed By:
AKINDELE A FALODUN · License #600183
Source:
Corcoran
Added: Jun 14
Changed: Aug 9
Last Checked: Aug 10 at 3:17AM
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 SAMSON PROPERTIES
Investment Insights
Based on property information with market context.
This medical office suite is designed for healthcare professionals, with a large reception and waiting area to support patient flow. The interior also includes three spacious private offices that can serve as exam or consultation rooms, along with an additional den that may be used for administration or storage. Two bathrooms are included to accommodate patients and staff. The suite is currently combined with 7929 Belle Point to create a larger combined office space of approximately 1,800 SF total.
Located at 7933 Belle Point Dr in Greenbelt, MD 20770, the space is part of a property address arrangement that allows for an expanded footprint when combined with the adjacent suite.
For buyers or practices evaluating office space, the layout supports a physician or healthcare provider seeking a ready-to-operate setting with defined patient-facing and private clinical/work areas. The presence of multiple private offices and a separate den offers flexibility for exam rooms, consultations, and day-to-day administrative or storage needs.
Located at 7933 Belle Point Dr in Greenbelt, MD 20770, the space is part of a property address arrangement that allows for an expanded footprint when combined with the adjacent suite.
For buyers or practices evaluating office space, the layout supports a physician or healthcare provider seeking a ready-to-operate setting with defined patient-facing and private clinical/work areas. The presence of multiple private offices and a separate den offers flexibility for exam rooms, consultations, and day-to-day administrative or storage needs.
Key Highlights
- Year built 2007 medical office suite designed for healthcare use
- Includes a large reception and waiting area
- Three private offices for exam or consultation rooms
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
$21,626
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
8.48%
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%
$432,520
$432.5K
Cap Rate 7%
$308,943
$308.9K
Cap Rate 9%
$240,289
$240.3K
Market Conditions
NOI Build-Up for 1,800 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
$44.3K $24.60/SF
− Vacancy
−$8.2K −$4.58/SF
EGI
$36.0K $20.02/SF
− OpEx
−$14.4K −$8.01/SF
NOI
$21.6K $12.01/SF
Area
Prince George's County, MD
Vacancy
18.60%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
40.00%
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%
$432,520
Cap Rate 7%
$308,943
Cap Rate 9%
$240,289
Alternative Uses
Best Use
Office B
$392.8K
$343.7K – $458.3K
NOI $27,498 @ 7.0% cap · market cap 10.78%
Second Best
Healthcare Medical
$308.9K
$270.3K – $360.4K
NOI $21,626 @ 7.0% cap · market cap 8.48%
Theoretical Best
Specialty Retail
$580.7K
$508.1K – $677.5K
NOI $40,647 @ 7.0% cap · market cap 15.94%
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
Under-served
Demand for This Use
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
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Well-appointed medical office suite with reception, multiple private offices, and two bathrooms for healthcare use.
Where is this medical office space located?
The property is located at 7933 Belle Point Dr Greenbelt, MD.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Year built 2007 medical office suite designed for healthcare use; Includes a large reception and waiting area; Three private offices for exam or consultation rooms
