Technical
Financial
Distress signals
Property profile

2045 University Blvd E Hyattsville, MD 20783

FOR LEASE
Office buildings
Property ID
US40-1416206
37,398 SF 1.26 ac lot Built 1963
Individually Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional medical office building, located at 2045 University Blvd East in Hyattsville, Maryland, offers a variety of flexible spaces ideal for medical practices of all sizes. The building totals 42,626 square feet and features multiple tenancies, providing options for expansion or consolidation. Three spaces are currently available, ranging from a minimum of 1,478 square feet to a maximum contiguous space of 10,925 square feet. This allows for significant adaptability to suit diverse practice needs, from smaller individual practices to larger multi-specialty clinics. The building's location in Prince George's County, Maryland, offers convenient access to major transportation routes and a thriving community. The address is 2045 University Blvd East, Hyattsville, MD 20783. This full-service building presents a unique opportunity to establish or expand a medical practice in a highly desirable location. The property is categorized as a medical office building, offering a professional and efficient environment for healthcare providers. The building's size and layout provide ample space for patient care, administrative functions, and support staff. Interested parties are encouraged to inquire about available space and lease terms. The building is situated in a convenient location within Prince George's County, offering easy access for both patients and staff.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1963
Construction BRICK
Total area 37,398 SF
Lot 1.26 ac (54,908 SF)
Zoning code LTOC
APN 17-1973106
UPID US40-1416206

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
  • Physician
  • Ophthalmologist
  • Physician
  • Dental Office
  • Alternative Medicine Practice

Location

2045 University Blvd E Hyattsville, MD 20783
Hyattsville metro Census 805500 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
$3.96M
Blend (final) Blend
$2.29M

Owner & transaction history

since 2017
3 recorded transactions
2021
Price N/A
2020
Price N/A
2017
$2.3M

Zoning & alternative use

LTOC · Hyattsville, 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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