Live-Work Space with Detached
For Sale
$350,000
910 Montgomery St, Laurel, MD 20707
Live and work in this walkable Laurel location.
Property Size1,136 SF
Price / SF$308.10
Days on Market190
Property Features for 910 Montgomery St
General Information
Standard status
Active
Size
1,136 SF
Building Details
Year Built
1900
Listing Agency:
RE/MAX Executive
Listed By:
Sherry L Young · License #93960
(301) 206-9193
Source:
Premierehomegroup
Added: Apr 24
Changed: Oct 25
Last Checked: Oct 28 at 12:27PM
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 RE/MAX Executive
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Investment Insights
Based on property information with market context.
This property offers a live-work space suitable for businesses such as hair salons, nail salons, tailors, seamstresses, accountants, and attorneys. The property features an oversized, detached two-car garage capable of accommodating an RV or a dump truck. The location has a walk score of 89, indicating it is very walkable, a bike score of 51, indicating it is bikeable, and a transit score of 44, indicating some transit options are available.
Key Highlights
- Ideal for business owners seeking a live/work space to eliminate commuting.
- High walk score (89) indicating convenient access to nearby amenities.
- Oversized detached two‑car garage suitable for large vehicles like RVs or dump trucks.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,354
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,080
$347.1K
Cap Rate 7%
$247,914
$247.9K
Cap Rate 9%
$192,822
$192.8K
Market Conditions
NOI Build-Up for 1,136 SF
Gross rent
$27.9K $24.60/SF
− Vacancy
−$4.8K −$4.23/SF
EGI
$23.1K $20.37/SF
− OpEx
−$5.8K −$5.09/SF
NOI
$17.4K $15.28/SF
Area
Prince George's County, MD
Vacancy
17.20%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,080
Cap Rate 7%
$247,914
Cap Rate 9%
$192,822
Alternative Uses
Best Use
Office B
$247.9K
$216.9K – $289.2K
NOI $17,354 @ 7.0% cap · market cap 4.96%
Second Best
Mixed Use
$204.6K
$179.0K – $238.7K
NOI $14,322 @ 7.0% cap · market cap 4.09%
Theoretical Best
Specialty Retail
$366.5K
$320.7K – $427.6K
NOI $25,653 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,057
Businesses Nearby
Explore this area
Business Placement
Demographics for 20707, MD
37,702
Population
15,146
Households
2.5
Avg Household Size
37
Median Age
45%
College-Educated
89%
High-School Grad
12.6 sq mi
ZIP Area
2,992
Density / Sq Mi
$104,093
Median Household Income
$58,633
Median Earnings
$1,880
Median Rent
$411,200
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Live-work space - Live and work in this walkable Laurel location.
Where is this live-work space located?
The property is located at 910 Montgomery St Laurel, MD.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Ideal for business owners seeking a live/work space to eliminate commuting.; High walk score (89) indicating convenient access to nearby amenities.; Oversized detached two‑car garage suitable for large vehicles like RVs or dump trucks.
