Technical
Financial
Distress signals
Property profile

3060 Mitchellville Rd Bowie, MD 20716

OFF-MARKET
Commercial land
Property ID
US40-1442571
0 ac lot
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,611 square foot office space, located at 3060 Mitchellville Road Unit 1 in Bowie, Maryland, presents a fantastic opportunity for businesses seeking a move-in ready location. Situated on the first floor of a two-story professional/medical building, this completely renovated suite boasts a brand-new HVAC system, ensuring year-round comfort and efficiency. The recently completed new roof provides long-term peace of mind. The unit features a welcoming reception area, perfect for greeting clients, and a spacious 12' x 17' conference room ideal for meetings and presentations. Seven private offices offer ample space for individual work or team collaboration, while a convenient kitchenette and storage room add to the functionality. A private restroom enhances privacy and convenience. The property is subject to a $250 per month special assessment for upcoming common area improvements, ensuring the continued upkeep and attractiveness of the building. Monthly condo fees are $871.00. This turnkey office space is priced at $395,000 and offers an excellent blend of modern amenities and a desirable Bowie location. The property is situated on a 0-acre lot. Don't miss this chance to secure a high-quality office space in a thriving community.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0 ac (3 SF)
Zoning code CO
APN 07-0791095
UPID US40-1442571

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
  • Big Box & Wholesale Store
  • Medical Clinic
  • Medical Clinic
  • Dental Office
  • Dental Office

Location

3060 Mitchellville Rd Bowie, MD 20716-1389
Bowie metro Census 800515 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2016
1 recorded transaction
2016
$130,000

Zoning & alternative use

CO · Bowie, 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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