Search
Medical Office Suite with Private Offices
For Sale
$255,000

7933 BELLE POINT Drive, Greenbelt, MD 20770

Commercial Sale - GREENBELT, MD

Property Size1,800 SF
Lot Size0.07 Acres
Price / SF$141.67
Days on Market59

Property Features for 7933 BELLE POINT Drive

General Information

Property type Other
Property subtype Office
Parking 105
Parking features Parking Lot
Elementary school district PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Middle school district PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
High school district PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Standard status Active
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 3135

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 2007
Number of units 1
Building materials Brick
Listing Agency: Samson Properties
Listed By: Akindele A Falodun · License #600183
Added: Jun 15 Changed: Aug 6 Last Checked: Aug 12 at 3:06AM
MLS# MDPG2207194

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This medical office suite is arranged around a substantial reception and waiting area, three private offices, and one bathroom. The rooms can support exam, consultation, or general professional office functions, with the layout suited to a physician or healthcare practitioner. The suite is currently combined with 7929 Belle Point Drive, creating approximately 1,800 square feet of total office space.

The 2007 building features brick construction, central heating, and central air conditioning. On-site parking is provided through a dedicated parking lot, adding practical convenience for staff and visitors.

Key Highlights

  • Three private offices suitable for exam, consultation, or general office rooms
  • Reception and waiting area with one bathroom
  • Currently combined with 7929 Belle Point Drive for approximately 1,800 SF total

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 (±1% cap)
NOI $27,498 @ 7.0% cap · market cap 10.78%
Second Best
Healthcare Medical
$308.9K
$270.3K – $360.4K (±1% cap)
NOI $21,626 @ 7.0% cap · market cap 8.48%
Theoretical Best
Specialty Retail
$580.7K
$508.1K – $677.5K (±1% cap)
NOI $40,647 @ 7.0% cap · market cap 15.94%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Oasis Family Medical Medical Clinic

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Restaurant Auto Parts Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,074
Businesses Nearby
Under-served
Demand for This Use

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Banfield Pet Hospital 7475 Greenbelt Rd, Greenbelt, MD 20770

Frequently Asked Questions

What type of property is this?
Medical Office Space - Configured for medical or professional office use with reception space, private rooms, and on-site parking.
Where is this medical office space located?
The property is located at 7933 BELLE POINT Drive 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: Three private offices suitable for exam, consultation, or general office rooms; Reception and waiting area with one bathroom; Currently combined with 7929 Belle Point Drive for approximately 1,800 SF total
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message