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    Property profile & analytics
    OFF-MARKET Estimated value $6,850,000
    Office buildings

    10001 Derekwood Ln, Lanham, MD 20706-4804

    56,192 SF 2.52 ac lot Built 1988
    Entity Owned 28-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US40-1435984
    Property summary
    AI-generated overview

    The DANAC Corporate Center, a Class B office building in Lanham's thriving submarket of Prince George's County, offers exceptional leasing opportunities. This two-story building, constructed in 1989 and extensively renovated in 2020, boasts a total of 56,000 square feet of space. Currently, 10,000 square feet of office space is available, divisible into units ranging from a minimum of 1,800 square feet to a maximum contiguous space of 6,600 square feet, perfect for businesses of various sizes. The building features attractive 10-foot ceilings throughout, providing a spacious and modern feel. Ample parking is available, with a ratio of approximately 3.5 spaces per 1,000 square feet. The property sits on a generous 2.5 acres of land, offering potential for expansion or outdoor amenities. The building is categorized as a traditional office space, suitable for a wide range of professional tenants. This is an excellent opportunity to secure high-quality office space in a desirable location, with the flexibility to customize your space to meet your specific needs. The property is available for both lease and sale. Inquire today to learn more about this exceptional opportunity.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1988
    Construction BRICK
    Total area 56,192 SF
    Lot 2.52 ac (109,635 SF)
    Zoning code IE
    APN 13-1442045
    UPID US40-1435984
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Braids By Glossy Hair Salon Nail Salon
    • Annagrace braids Hair Salon Nail Salon
    • Kids Zone Party Rentals Party Supply Store Rental Equipment Company
    • Beauté Noire Hair Studio Hair Salon
    • Catherine Accounting & Tax Services LLC Tax Preparation
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $9.20M
    Blend (final) Blend
    $6.85M
    Owner & transaction history
    Derekwood Lane LP III · 28 yrs held
    Derekwood Lane LP III
    since 1998
    2 recorded transactions
    1998
    1969
    Zoning & alternative use
    IE · Lanham, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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