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    14203 Park Center Dr Laurel, MD 20707

    Sponsored
    For Sale
    $625,000

    Prime Laurel Office Space, 2,947 SF

    Property size:
    2,947 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class B executive office condo, located at 14203 Park Center Dr in Laurel, Maryland, offers 2,947 square feet of versatile space. Units #307 and #308 are being sold together for $625,000. The property boasts an end-unit location with two sides of glass, providing ample natural light. It features separate mechanical systems for optimal climate control and convenient direct parking lot access. The zoning is Village Activity Center (VAC), City of Laurel. Annual real estate taxes are $10,601, and monthly condo fees are $645. This prime location offers easy access to major transportation arteries, including I-95, ICC (Route 200), the Baltimore/Washington Parkway, and Route 1. The property's proximity to the University of Maryland Laurel Regional Hospital adds to its appeal. This is an excellent opportunity for businesses seeking a well-maintained, conveniently located office space in a thriving area of Laurel, MD, zip code 20707. The property is situated in Prince George's County.

    Property Features for 14203 Park Center Dr

    General Information

    Property type
    Office space
    Square Feet
    2,947 SF
    Class
    B

    HighLights

    • 2,976 SF end‑cap unit with abundant natural light.
    • $650,000 sale price.
    • $645 monthly condo fees.
    • Annual real estate taxes of $10,601.
    • Village Activity Center (VAC) zoning, City of Laurel.
    • Independent HVAC systems.
    Property Profile Location Intelligence

    Current Use by Public Records

    Align Radiology Medical Diagnostic Imaging Center Linly Ramlal Financial Consultant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.8784115
    Latitude
    39.0842112

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    FAQs

    What type of property is this?
    Office space - Prime Laurel Office Space, 2,947 SF
    Where is this office space located?
    The property is located at 14203 Park Center Dr Laurel, MD.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: 2,976 SF end-cap unit with abundant natural light.; $650,000 sale price.; $645 monthly condo fees.
    (301) 918-2916
    Request Owner's contact information
    14203 Park Center Dr Laurel, MD 20707
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14203 Park Center Dr Laurel, MD 20707
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