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    Property profile & analytics

    603 7th St Ste, Unit 301 Laurel, MD 20707-3959

    • Office Properties & Spaces
    • 1,077 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    $185,000
    Last Sale
    Jul 19, 2022
    $200,000
    Location Intelligence
    Property ID
    US40-1437297
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Tropical Food Inc / Grocery Store
    • UVS InfoTech / Corporate Office
    • Bridge4tekies.LLC / Recruiter
    • JCY Music School / Music School
    • Flowers Bakery Cafe Laurel / Bakery

    Property Details for 603 7th St Ste

    Year built
    2007
    Lot size
    0.02 lot acres
    Property size
    1,077 SF
    Zone code
    LAUR
    Property type
    Office Properties & Spaces
    APN
    10-3864923
    APU
    103864923

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $185,000

    • CAP approach

      CAP return
      Estimation
      6%
      $155,000
      6.5%
      $155,000
      7%
      $140,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $160,000
      Geo Method
      $160,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $170,000
      Retail
      $160,000
      Mixed-Use
      $140,000
      Hospitality
      $155,000
      Educational
      $170,000
      Residential Income
      $160,000
      Energy
      $175,000
      Income-Based Land
      $145,000
      Food Service
      $135,000

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.8569
    Latitude
    39.1024
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,125
    $66,300
    $123,200
    $189,500
    -
    $66,300
    $123,200
    $189,500

    Comparable in this City

    • Value Estimation by Request
      2,068 SF

      13934 Baltimore Ave

      Office Properties & Spaces • 2,068 SF
      13934 Baltimore Ave, Laurel, MD 20707
      View Details
    • Value Estimation by Request
      4,223 SF

      7350 Van Dusen Rd Ste, Unit 230

      CONDOMINIUM OFFICES • 4,223 SF
      7350 Van Dusen Rd Ste, Laurel, MD 20707-5268
      View Details
    • Value Estimation by Request
      1,215 SF

      7350 Van Dusen Rd Ste, Unit 220

      CONDOMINIUM OFFICES • 1,215 SF
      7350 Van Dusen Rd Ste, Laurel, MD 20707-5268
      View Details
    • Value Estimation by Request
      1,882 SF

      7350 Van Dusen Rd Ste, Unit 260

      CONDOMINIUM OFFICES • 1,882 SF
      7350 Van Dusen Rd Ste, Laurel, MD 20707-5242
      View Details
    • Value Estimation by Request
      1,427 SF

      14203 Park Ctr Dr Ste, Unit 301

      CONDOMINIUM OFFICES • 1,427 SF
      14203 Park Ctr Dr Ste, Laurel, MD 20707-5247
      View Details
    • Value Estimation by Request
      2,633 SF

      7350 Van Dusen Rd Ste, Unit 330

      CONDOMINIUM OFFICES • 2,633 SF
      7350 Van Dusen Rd Ste, Laurel, MD 20707-5264
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.06 Acres

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      Spacious Office Condo near major routes.
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      Laurel Office Space for Lease

      Prime Laurel location, flexible office & retail space.
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      12,000 SF

      Modern Office Condos For Sale

      Modern office condos with direct parking lot access, near I-95.
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    Similar Nearby for Lease

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      7,100 SF

      Prime Laurel Office Space Available

      7,000 SF Office Space, High Visibility
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      120,904 SF

      Executive Suites, Laurel, MD

      Class A Office Space, I-95 Access
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    • $1,000 /Mo
      2,178 SF

      Laurel Office Suites For Lease

      Office suites available in North Laurel near retail and library.
      601 7Th St, Laurel, MD 20707
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    • $19 SF/Yr
      2,500 SF

      Laurel Office Space For Rent

      Office space available in Laurel, MD with ample parking.
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    • $500 /Mo

      Laurel Office Suite Room

      Centrally located office space in Laurel, Maryland available for rent.
      14440 Cherry Ln Ct Ste 219, Laurel, MD 20707
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    • $2,550 /Mo
      871 SF

      Laurel Office Suite For Rent

      First-floor office suite in high-traffic Laurel, move-in ready.
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      View Details
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    Laurel, MD 20707-3959
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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