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Property profile & analytics
OFF-MARKET
Specialty properties

4380 Forbes Blvd Lanham, MD 20706

115,831 SF 5.52 ac lot Built 1984
Property ID
Property summary
AI-generated overview

This exceptional Lanham, Maryland property presents a compelling investment opportunity for owner-users or value-add investors. The 115,831 square foot campus, situated on 5.52 acres, comprises two buildings totaling 115,831 square feet. Building 4400 offers 53,350 square feet, while Building 4380 provides 62,481 square feet of flexible office space. Currently, the property boasts 30% occupancy, with two national credit tenants contributing to existing rental income. The property features 18-foot ceilings, eight dock-high doors, and one loading dock, enhancing its functionality and appeal. Built in 1984, this Class B property is zoned I-E, providing versatility for various uses. Its strategic location offers convenient access to major transportation arteries, including I-495/I-95, Route 50, MD-193 (Greenbelt Road), and the New Carrollton Metro Station, ensuring excellent connectivity. This prime location, combined with the substantial square footage and existing income stream, makes this a rare and attractive investment prospect. The two-story buildings are connected by a party wall. This property offers significant potential for redevelopment and increased profitability. The property's size and location make it ideal for a variety of uses, from creative office spaces to light industrial applications.

Property profile
Verified
Property type Specialty properties
Year built 1984
Total area 115,831 SF
Lot 5.52 ac (240,451 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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