Property profile

307 1st St Laurel, MD 20707

OFF-MARKET
Office buildings
Property ID
US40-0798138
5,334 SF 0.77 ac lot Built 2004
Entity Owned 27-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2004
Construction BRICK
Total area 5,334 SF
Lot 0.77 ac (33,743 SF)
Zoning code LAUR
APN 10-1060110
UPID US40-0798138

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

307 1st St Laurel, MD 20707-4605
Laurel metro Census 800103 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.16M
Blend (final) Blend
$1.86M

Owner & transaction history

since 1999
1 recorded transaction
1999
$515,000

Zoning & alternative use

LAUR · Laurel, MD
Top alternative use upside
Retail stores $2.2M +46.7%
Auto repair, garage $2.2M +45.8%

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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