13990 Baltimore Ave Laurel, MD 20707
- Office buildings
- 22,902 SF
- 1.42 lot acres
Current Use by Public Records
- Block Advisors / Tax Preparation / Tax Preparation Service
- Diplomat Investment LLC / Financial Planner
Property Details for 13990 Baltimore Ave
- Year built
- 1987
- Construction
- BRICK
- Lot size
- 1.42 lot acres
- Property size
- 22,902 SF
- Zone code
- LAUR
- Property type
- Office buildings
- APN
- 10-1043603
- APU
- 101043603
Description
This exceptional commercial property, located at 13990 Baltimore Ave in Laurel, MD, offers a variety of office spaces to suit diverse business needs. Situated within the Laurel Lakes Corporate Center, this building boasts a highly visible corner location at a signalized intersection on Route 1, ensuring maximum exposure and accessibility. The property features a total of 75 parking spaces, providing ample convenience for employees and clients. Built in 1987, the building sits on 1.422 acres of land and is zoned PDA-E. Currently, there is 7,000 square feet of vacant space available for lease. Flexible floor plans cater to various requirements; ground level options range from 400 to 5,000 square feet, ideal for office, medical, or retail uses. The ground floor space features excellent condition, a large open area, eight individual offices, and a reception area. Second-floor spaces range from 400 to 2,100 square feet, while a substantial 6,000 square foot space is available on the third floor. This property presents a unique opportunity to establish a presence in a thriving business community with excellent visibility and convenient access to Route 1's high traffic volume. The building's multiple tenancy structure allows for flexibility and adaptability to various business models. Inquire today to explore the possibilities.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,525,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,950,000
- 6.5%
- $2,965,000
- 7%
- $2,735,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,490,000
- Geo Method
- $2,985,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,000,000
- Retail
- $3,220,000
- Mixed-Use
- $3,205,000
- Hospitality
- $2,690,000
- Educational
- $3,090,000
- Residential Income
- $3,190,000
- Energy
- $2,835,000
- Income-Based Land
- $2,925,000
- Food Service
- $3,215,000
Location Insight
- Map
- Local Demand
- City
- Laurel
- County
- Prince George's
- State
- Maryland
- Longitude
- -76.8647
- Latitude
- 39.0823
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
