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    FOR LEASE
    Office buildings

    16701 Melford Blvd 400, Bowie, MD 20715

    166,720 SF 10.88 ac lot Built 2006
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US40-1253278
    Property summary
    AI-generated overview

    This impressive Class A office building, located at 16701 Melford Blvd. #400, Bowie, MD 20715, offers a variety of flexible workspace solutions. The 13,235 square foot building, renovated in 2019, features a striking blue-glass and brick exterior and a two-story lobby with a rotating metal sculpture. Amenities include ample business facilities and an on-site coffee bar. The property boasts 350 total suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are vacant. The building is situated in a business park, conveniently located near Bowie's town center, offering easy access to restaurants and shops. Office options range from fully furnished, private suites for individuals or large companies to custom spaces, disaster recovery solutions, and day offices. Tenancy is multiple, and the building includes elevators. This Prince George's County property provides a professional and modern work environment tailored to diverse business needs, including executive office, coworking, and creative office spaces. The building offers a benefits program with exclusive discounts and procurement support.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2006
    Total area 166,720 SF
    Lot 10.88 ac (473,933 SF)
    Zoning code TACE
    APN 07-3876950
    UPID US40-1253278
    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
    • Aksum Consulting, Inc. Consultant
    • Mincy Industrial Trucking, LLC Trucking Company
    • Uptown Cafe Cafe & Coffee Shop
    • Amicus Nursing Services Hospital
    • E Cyber 7 (Bike/Boat/Book/etc) Store Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $29.58M
    Blend (final) Blend
    $33.09M
    Owner & transaction history
    Mstc II LLC · 1 yrs held
    Mstc II LLC
    since 2024
    7 recorded transactions
    2024
    2024
    2024
    2020
    2001
    1969
    1969
    Zoning & alternative use
    TACE · Bowie, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $50.6M +35.9%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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