Renovated Office Condo
8900 Edgeworth Drive U Capitol Heights, MD 20743
New
8900 Edgeworth Drive U, Capitol Heights, MD, 20743
$300,000
For Sale
$300,000
Newly renovated office condo includes a large conference room, two offices, open cubicle space, kitchen, and half bath.
Property Size1,390 SF
Price / SF$215.83
Days on Market1
Property Features for 8900 Edgeworth Drive U
General Information
- Standard status
- Active
- Size
- 1,390 SF
Building Details
- Year Built
- 1982
Listing agency
Taylor Properties
(585) 957-0819
Listed by
Antonette Price Umaru
Source
Kandorre
Added: Jul 21 Checked: Jul 21 at 7:37AM
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 Taylor Properties
Investment Insights
Based on property information with market context.
This newly renovated commercial office condo suite offers a practical layout for everyday work. The space features a large conference room, two private offices, an open area with two cubicle stations, plus a kitchen and a half bath.
Located at 8900 Edgeworth Drive U in Capitol Heights, Maryland, the property is presented for sale as a condo unit within the 8900 Edgeworth Dr. Condos.
The interior configuration supports both meetings and day-to-day office operations, combining dedicated private rooms with an open workstation area.
Located at 8900 Edgeworth Drive U in Capitol Heights, Maryland, the property is presented for sale as a condo unit within the 8900 Edgeworth Dr. Condos.
The interior configuration supports both meetings and day-to-day office operations, combining dedicated private rooms with an open workstation area.
Key Highlights
- Newly renovated commercial office condo
- Year built: 1982
- Large conference room plus two offices
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.2k | $24.60 |
| − Vacancy | −$5.9k | −$4.23 |
| EGI | $28.3k | $20.37 |
| − OpEx | −$7.1k | −$5.09 |
| NOI | $21.2k | $15.28 |
1,390 SF · lease $24.60/SF/yr · vacancy 17.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$303.3K
$265.4K – $353.9K
NOI $21,234 @ 7.0% cap · market cap 7.08%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$448.4K
$392.4K – $523.2K
NOI $31,389 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Solomon Shipping
Freight Service
Redeeeming Hearts Outreach ...
Church
Colliflower Hose & Fittings
Big Box & Wholesale Store
Studio Noir
(Bike/Boat/Book/etc) Store
Rugged Trends Boutique
Clothing & Fashion Store
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Newly renovated office condo includes a large conference room, two offices, open cubicle space, kitchen, and half bath.
Where is this office units located?
The property is located at 8900 Edgeworth Drive U Capitol Heights, MD.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Newly renovated commercial office condo; Year built: 1982; Large conference room plus two offices
