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    OFF-MARKET
    Retail properties & Spaces

    50 At Rte, Crofton, MD 20715

    870,000 SF
    Property ID
    Property summary
    AI-generated overview

    Melford Town Center offers exceptional office space in Bowie, Maryland, strategically located at Route 50 and Route 3/301, midway between Annapolis and Washington, D.C. This Class A property boasts 870,000 square feet of total space, with 280,594 square feet currently vacant and divisible into units ranging from 1,245 to 41,782 square feet. The building features a single story with ceiling heights ranging from 16-18 feet clear (office spaces have 9-foot ceilings). Ample parking is provided, with a ratio of 4-6 spaces per 1,000 square feet. The property sits on a substantial 466-acre lot within a mixed-use development in Prince George's County, zoned MXT. This vibrant community includes existing and planned residential components (townhomes, senior living, and market-rate rentals), as well as a Courtyard by Marriott hotel, with additional hotels planned. The property's prime location and extensive amenities make it an ideal choice for businesses seeking a modern and convenient office environment. Multiple tenancy options are available.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 870,000 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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