Property profile

10001 Derekwood Ln Lanham, MD 20706

OFF-MARKET
Office buildings
Property ID
US40-1435984
56,192 SF 2.52 ac lot Built 1988
Entity Owned 28-yr Hold Absentee Owner ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon
  • Hair Salon Nail Salon
  • Party Supply Store Rental Equipment Company
  • Hair Salon
  • Tax Preparation

Location

10001 Derekwood Ln Lanham, MD 20706-4804
Lanham metro Census 803516 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

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

since 1998
2 recorded transactions
1998
Price N/A
1969
Price N/A

Zoning & alternative use

IE · Lanham, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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