Property profile

50 At Rte Crofton, MD 20715

OFF-MARKET
Retail properties & Spaces
870,000 SF
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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

Location

50 At Rte Crofton, MD 20715
Crofton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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