11720 Beltsville DrBeltsville, MD 20705

Property Details for 11720 Beltsville Dr

Year built

1986

Construction

BRICK

Lot size

7.25 AC

Property size (Sq ft)

139,866 SF

Zone code

CGO

Property type

Office properties

Property subtype

Office buildings

APN

01-3002664

APU

13002664

Description

This exceptional Class A office building, located at 11720 Beltsville Drive in Beltsville, Maryland, 20705, offers a variety of flexible office spaces ideal for businesses of all sizes. The property, known as Calverton 95, boasts a total of 120,000 square feet spread across eleven stories, with a minimum divisible space of 751 square feet and a maximum contiguous space of 15,000 square feet. Currently, there are 30,000 square feet of vacant space available for immediate occupancy, providing ample opportunity for expansion or relocation. The building features a modern design, having undergone renovations in 2020, and offers impressive nine-foot ceilings throughout. The building is situated in the desirable Calverton submarket, providing convenient access to major transportation routes and amenities. With 30,000 total suites, this property offers a diverse range of options to suit various business needs. This is a rare opportunity to secure high-quality office space in a prime location. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $29,618,584

  6.5%

  $27,340,232

  7%

  $25,387,358

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,595,498

  Geo Method

  $23,359,020

• Alternative Use

  Use

  Valuation

  Residential

  $33,901,888

  Hospitality

  $31,053,946

  Educational

  $25,836,518

  Medical

  $26,725,076

  Retail

  $40,190,140

Location Insight

City

Beltsville

County

Prince George's

State

Maryland

Latitude

39.0509

Longitude

-76.9415

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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