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    14402 Laurel Pl Laurel, MD 20707-6100
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    Property profile & analytics

    14402 Laurel Pl Laurel, MD 20707-6100

    View on Map
    • Hotels
    • 65,084 SF
    • 2.46 lot acres
    Off-Market
    Property ID
    US40-0454669
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,355,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Prayer Arena / Association / Organization
    • prince george sports and learning complex / Hotel & Motel / Bed & Breakfast
    • Holiday Inn Express & Suites Laurel, an IHG Hotel / Hotel & Motel
    • Pizza / Restaurant

    Property Details for 14402 Laurel Pl

    Year built
    1990
    Construction
    BRICK
    Lot size
    2.46 lot acres
    Property size
    65,084 SF
    Zone code
    LAUR
    Property type
    Hotels
    APN
    10-1035252
    APU
    101035252

    Description

    This exceptional 119-room Holiday Inn Express & Suites hotel presents a compelling investment opportunity in the thriving Laurel, Maryland market. Located at 14402 Laurel Pl, 20707, in Prince George's County, this five-story property underwent a complete renovation in 2024, ensuring modern amenities and optimal guest experience. The hotel's strategic location offers easy access to major transportation routes and local attractions, maximizing its appeal to both business and leisure travelers. The property's strong performance history, coupled with its recent renovation, positions it for continued success and significant return on investment. This turnkey operation is ready for immediate ownership and offers a rare chance to acquire a well-established, high-performing asset in a desirable location. Detailed financial information and operational data are available upon request. The property's 119 guest rooms are equipped with modern conveniences, contributing to high guest satisfaction ratings. This represents a unique opportunity to acquire a profitable hospitality asset in a growing market. The property's excellent condition and prime location make it an ideal investment for experienced hospitality investors seeking a stable and lucrative addition to their portfolio. Serious inquiries only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,355,000
      Market price range: $929k - $3.68M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $2,035,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.8616
    Latitude
    39.0885
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $100,979
    $0.00
    $0.00
    $6,123,633
    -
    $2,041,300
    $4,537,600
    $6,578,900

    Comparable in this City

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    • Value Estimation
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      143,748 SF

      15101 Sweitzer Ln

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    • Value Estimation
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      39,258 SF

      7900 Braygreen Rd

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    • Value Estimation
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      52,052 SF

      13700 Baltimore Ave

      HOTEL • 52,052 SF
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      View Details
    • Value Estimation by Request
      2,600 SF

      3 1st N St, Unit 3

      MOTEL • 2,600 SF
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      View Details
    • Value Estimation by Request
      0.04 Acres

      337 Main St

      COMMERCIAL (GENERAL) • 0.04 Acres
      337 Main St, Laurel, MD 20707-4130
      View Details

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    • Contact for pricing

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      Hospitality property available for purchase in Laurel, Maryland.
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      0.55 Acres

      Lot-B

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      Historic Firehouse Office/Community Space

      Renovated historic building near Laurel's Main Street.
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      Land Along Baltimore Avenue

      Land with dual zoning for commercial or residential development.
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    Similar Nearby for Lease

    • $6,500 /Mo

      Renovated Office Space For Rent

      Prime location office space with modern amenities and strategic positioning.
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      Mixed-Use Shopping Center in Laurel, MD

      392,500 SF mixed-use center with retail, dining, and entertainment.
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      6,000 SF

      Data Center Ready Office Space

      6,000 SF office space with data center infrastructure.
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      Commercial Land with Route 1 Visibility

      Commercial land for rent with high traffic and ample parking.
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      1,558 SF

      Medical Office Space Available

      Medical office space for rent featuring multiple exam rooms.
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    • $19 SF/Yr

      Laurel Office Space Available

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      View Details
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    14402 Laurel Pl
    Laurel, MD 20707-6100
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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