16701 Melford Blvd 400Bowie, MD 20715

Property Details for 16701 Melford Blvd 400

Year built

2006

Lot size

10.88 AC

Property size (Sq ft)

166,720 SF

Zone code

TACE

Property type

Office properties

Property subtype

Office buildings

APN

07-3876950

APU

73876950

Description

This impressive Class A office building, located at 16701 Melford Blvd. #400, Bowie, MD 20715, offers a variety of flexible workspace solutions. The 13,235 square foot building, renovated in 2019, features a striking blue-glass and brick exterior and a two-story lobby with a rotating metal sculpture. Amenities include ample business facilities and an on-site coffee bar. The property boasts 350 total suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are vacant. The building is situated in a business park, conveniently located near Bowie's town center, offering easy access to restaurants and shops. Office options range from fully furnished, private suites for individuals or large companies to custom spaces, disaster recovery solutions, and day offices. Tenancy is multiple, and the building includes elevators. This Prince George's County property provides a professional and modern work environment tailored to diverse business needs, including executive office, coworking, and creative office spaces. The building offers a benefits program with exclusive discounts and procurement support.

• CAP approach

  CAP return

  Valuation

  6%

  $26,945,980

  6.5%

  $24,873,212

  7%

  $23,096,554

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,739,134

  Geo Method

  $10,488,355

• Alternative Use

  Use

  Valuation

  Residential

  $30,842,784

  Hospitality

  $28,251,824

  Educational

  $23,505,186

  Medical

  $24,313,564

  Retail

  $36,563,624

Location Insight

City

Bowie

County

Prince George's

State

Maryland

Latitude

38.9614

Longitude

-76.7151

CBSA code

47900

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.