7803 Belle Point Dr Greenbelt, MD 20770
- Office Properties & Spaces
- 870 SF
- 0.10 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 7803 Belle Point Dr
- Year built
- 2000
- Construction
- BRICK
- Lot size
- 0.10 lot acres
- Property size
- 870 SF
- Zone code
- CO
- Property type
- Office Properties & Spaces
- APN
- 21-3321494
- APU
- 213321494
Description
This exceptional investment opportunity presents two combined office condominium units totaling 1,730 square feet, ideally situated at 7803 & 7807 Belle Point Drive in Greenbelt, Maryland. The property, built in 2002, offers a versatile space suitable for executive, medical, or traditional office uses. Each unit is priced at $200,000, with a combined asking price of $400,000. Located on the second floor of a two-story building, the property boasts 24-hour access and ample free, unreserved surface parking. This prime location within an established office park benefits from exceptional accessibility, situated between the future FBI Headquarters and NASA's Goddard Center, offering proximity to major transportation arteries including I-95, I-495, MD 295, and MD 193. The area also provides convenient access to Greenbelt Metro and MARC Rail stations, along with numerous amenities such as Beltway Plaza Mall and Greenway Shopping Center. This presents a unique chance to own a well-positioned property in a thriving commercial area with high employment density and strong retail support. The property is vacant and available immediately for owner-user occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $295,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $360,000
- 6.5%
- $370,000
- 7%
- $395,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $415,000
- Geo Method
- $410,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $440,000
- Retail
- $435,000
- Mixed-Use
- $345,000
- Hospitality
- $350,000
- Educational
- $410,000
- Residential Income
- $335,000
- Energy
- $405,000
- Income-Based Land
- $415,000
- Food Service
- $355,000
Location Insight
- Map
- Local Demand
- City
- Greenbelt
- County
- Prince George's
- State
- Maryland
- Longitude
- -76.89
- Latitude
- 38.9977
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA