14400 Sweitzer LnLaurel, MD 20707

  • Office properties
  • 134,976 SF
For Lease

Property Details for 14400 Sweitzer Ln

Year built
2000
Lot size
7.30 AC
Property size (Sq ft)
134,976 SF
Zone code
IE
Property type
Office properties
Property subtype
Office buildings
APN
10-3480704
APU
103480704

Description

14400 Sweitzer Lane in Laurel, Maryland presents a prime opportunity for businesses seeking executive office space. This Class A, two-story building boasts a total of 120,904 square feet, offering multiple tenancy options ranging from a minimum of 6,918 square feet to a maximum contiguous space of 63,104 square feet. Currently, 87,973 square feet are available for lease. The property sits on a 1.22-acre lot and is conveniently located off Interstate 95 at Konterra Drive in Prince George's County, with a 20707 zip code. The building features attractive 9-foot ceilings and expansive window lines throughout, creating a bright and modern workspace. Amenities include an outdoor patio with seating, a convenient self-service food market, and an on-site tenant gym for employee wellness. Ample parking is provided, with a ratio of four spaces per 1,000 square feet. The building is zoned I-3 and includes elevators for easy access to all floors. This exceptional property offers a sophisticated and functional environment for businesses of all sizes. The building is comprised of four total suites.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $23,812,298
    6.5%
    $21,980,582
    7%
    $20,410,540
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,604,912
    Geo Method
    $8,491,340
  • Alternative Use

    Use
    Valuation
    Residential
    $27,255,922
    Hospitality
    $24,966,278
    Educational
    $20,771,650
    Medical
    $21,486,018
    Retail
    $32,311,456
14400 Sweitzer Ln, Laurel, Maryland
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Location Insight

City
Laurel
County
Prince George's
State
Maryland
Latitude
39.0882
Longitude
-76.9002
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$137,252
$2,305,400
$10,037,400
$12,342,800
-
$2,305,400
$10,037,400
$12,342,800

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