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Lanham Mixed-Use Investment Opportunity
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4380 Forbes Blvd, Lanham, MD 20706

115,831 sqft mixed-use property on 5.52 acres for sale.

Property Size115,831 SF
Lot Size5.52 Acres
Days on Market724

Property Features for 4380 Forbes Blvd

General Information

Standard status Active
Size 115,831 SF
Class B
Lot size 5.52 Acres
Property subtype Mixed Use, Office, Special Purpose
Zoning I-E
Occupancy 30%
Investment Type Owner/User

Building Details

Year Built 1984
Buildings 2
Stories 2
Listing Agency: Friend Commercial Real Estate
Listed By: Ken Griffin · License #510886
Source: Crexi
Added: Sep 11, 2024 Changed: Sep 2 Last Checked: Sep 2 at 2:54AM

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 Friend Commercial Real Estate

Investment Insights

Based on property information with market context.

Located at 4380 & 4400 FORBES BLVD, LANHAM, MD 20706, this property offers 115,831 sqft of space on a 5.52-acre campus. The site includes two buildings connected by a party wall: 4400 with 53,350 sqft and 4380 with 62,481 sqft, offering office and flex space respectively. The property is zoned I-E and is located less than half a mile from I-495/I-95 & Rt. 50, and is close to MD-193 (Greenbelt Rd) & New Carrolton Metro Station. The property is suitable for owner-users or investors. The location provides convenient access to the Beltway and major transportation routes. Approximately 30% of the RBA is represented by two National Credit tenants, providing additional rental income.

Key Highlights

  • Expansive 115,831 sqft property on 5.52 acres, suitable for owner‑users or investors.
  • Excellent location with easy access to the Beltway and major transportation routes (I‑495/I‑95 & Rt. 50).
  • Two buildings (53,350 sqft and 62,481 sqft) connected by a party wall offering office and flex space.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Restaurant Auto Repair Shop Auto Parts Store Parking Lot & Garage Hotel & Motel

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

1,326
Businesses Nearby

Demographics for 20706, MD

43,623
Population
13,799
Households
3.2
Avg Household Size
36
Median Age
34%
College-Educated
83%
High-School Grad
10.0 sq mi
ZIP Area
4,362
Density / Sq Mi
$100,061
Median Household Income
$44,032
Median Earnings
$1,797
Median Rent
$408,600
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - 115,831 sqft mixed-use property on 5.52 acres for sale.
Where is this mixed-use property located?
The property is located at 4380 Forbes Blvd Lanham, MD.
What are key features of this property?
This property features: Expansive 115,831 sqft property on 5.52 acres, suitable for owner‑users or investors.; Excellent location with easy access to the Beltway and major transportation routes (I‑495/I‑95 & Rt. 50).; Two buildings (53,350 sqft and 62,481 sqft) connected by a party wall offering office and flex space.
More about this property
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