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Financial
Distress signals
Property profile

4550 Forbes Blvd Lanham, MD 20706

FOR LEASE
Office buildings
Property ID
US40-2310781
52,413 SF 2.38 ac lot Built 1985
Last sale Dec 2016 · $2,598,750
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
4550 Forbes Blvd, Lanham, MD 20706 For Lease 1 / 2
Contact for pricing 3,344 SF available
4550 Forbes Blvd, Lanham, MD 20706
View Listing

Property summary

AI-generated overview

4550 Forbes Boulevard is a commercial office building located just off Martin Luther King Jr. Highway (Route 704) in the New Carrollton area. The property offers on-site employee parking and provides access to I-495 and Route 50 within approximately half a mile. It is within walking distance of the New Carrollton Metro Station on the Red Line, with service also planned for the future Purple Line. The building’s setting supports business use requiring convenient commuting options and nearby…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$47k
Tax billed · 2023
Assessed value$4.24M
Assessed land$1.04M
Assessed improvement$3.20M
Effective rate1.11%

Value estimate

· Oct 2026
$6.55M
$5.90M – $7.21M
Submarket $/SF estimate$9.11M
NOI build-up
Gross scheduled income$82k
Vacancy & credit loss−$14k
Operating expenses−$17k
NOI · 301,386.43% cap applied$51k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$255/SF
County average, outlier-cleaned · 439 recorded sales of this use type
Observed band · Q1–Q3$151 – $370
Qualifying comparables3

Cap rate analysis

How does the asset earn?
301,386.43%
$51k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IE
JurisdictionPRINCE GEORGE'S

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant20.1
Auto Repair Shop19.0
Dental Office17.5

Location

4550 Forbes Blvd Lanham, MD 20706
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4276 Forbes, Lanham, MD 20706-4329 $8,887,020 Mar 2024 55,757 SF
4601 Forbes, Lanham, MD 20706-4807 $2,545,062 Mar 2024 47,260 SF
9300 Martin Luther King Jr, Lanham, MD 20706 $192,550,000 Jul 2023 57,426 SF
4640 Forbes, Lanham, MD 20706-4323 $68,000,000 Dec 2022 64,900 SF
5001 Forbes, Lanham, MD 20706-4415 $68,000,000 Dec 2022 39,910 SF
7375 Executive, Lanham, MD 20706-2278 $7,675,000 May 2022 66,678 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $8,905,000
    55,757 SF
    4276 Forbes Blvd
    OFFICE BUILDING
    4276 Forbes Blvd, Lanham, MD 20706-4329
    View Details
  • Value Estimation
    $8,480,000
    76,260 SF
    4551 Forbes Blvd
    OFFICE BUILDING
    4551 Forbes Blvd, Lanham, MD 20706-4325
    View Details
  • Value Estimation
    $4,105,000
    27,538 SF
    9344 Lanham Severn Rd
    OFFICE BUILDING
    9344 Lanham Severn Rd, Lanham, MD 20706-2776
    View Details
  • Value Estimation
    $2,755,000
    23,177 SF
    9410 Annapolis Rd
    OFFICE BUILDING
    9410 Annapolis Rd, Lanham, MD 20706-3026
    View Details
  • Value Estimation
    $14,000,000
    122,094 SF
    7515 Msn Dr
    OFFICE BUILDING
    7515 Msn Dr, Lanham, MD 20706-2267
    View Details
  • Value Estimation
    $14,730,000
    132,312 SF
    4200 Parliament Pl
    OFFICE BUILDING
    4200 Parliament Pl, Lanham, MD 20706-1849
    View Details

Similar Nearby for Sale

  • New
    Contact for pricing
    80,000 SF
    Four-Story Office Building
    Four-story office building totaling 80,000 rentable square feet, currently 99.4% leased on 4.913 acres.
    4600 Forbes Blvd, Lanham, MD 20706
    View Details
  • New
    Contact for pricing
    115,831 SF
    Lanham Mixed-Use Investment Opportunity
    115,831 sqft mixed-use property on 5.52 acres for sale.
    4380 Forbes Blvd, Lanham, MD 20706
    View Details
  • New
    $2,950,000
    8,562 SF
    Renovated Office Building
    CGO-zoned office space features upgraded interiors, natural light, and generous surface parking.
    9410 Annapolis Rd, Lanham, MD 20706
    View Details

Similar Nearby for Lease

  • New
    $20 SF/Yr
    Office Suite in Office Building
    For-rent office suite on Forbes Boulevard, providing dedicated space within an office building setting.
    4221 Forbes Blvd, Lanham, MD 20706
    View Details
  • Contact for pricing
    13,200 sqft
    Office Building with Highway Connectivity
    Office building with convenient access to I-495, I-295, I-95, and the ICC via nearby Route 50
    4640 Forbes Blvd, Lanham, MD 20706
    View Details
  • New
    $1,750/Mo
    11,900 sqft
    Well-Maintained Office Building For Lease
    Office building in Chesapeake Office Park, near upcoming Purple Line.
    7100 Chesapeake Road, Landover Hills, MD 20706
    View Details
  • New
    Contact for pricing
    338,000 sqft
    Modern Office Space For Rent
    Fully furnished office with seamless transit access and HUBZone benefits.
    7900 Harkins Road, Lanham, MD 20706
    View Details
  • $700/Mo
    Lanham Office Space For Lease
    Four-story office building near NASA with on-site conference center.
    7375 Executive Place 204-222, Lanham, MD 20706
    View Details
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