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    FOR LEASE
    Office buildings

    6404 Ivy Ln, Greenbelt, MD 20770

    173,794 SF 8.12 ac lot Built 1987
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US40-0010644
    Property summary
    AI-generated overview

    This exceptional Class A office building, totaling 176,828 square feet, is situated in Greenbelt, Maryland's Capital Office Park, a vibrant and amenity-rich complex. Built in 1984 and extensively renovated in 2019, the single building offers multiple tenancy options ranging from 1,213 to 21,383 square feet. Enjoy unparalleled convenience with a prime location on the Capital Beltway (I-95/I-495) at Kenilworth Avenue (Exit 23), providing effortless access to Washington, D.C., Baltimore, and Northern Virginia via major highways. The Greenbelt Metro station is within a mile, offering easy access to the Green and Yellow Lines, MARC trains, and future Purple Line Light Rail. Proximity to BWI, DCA, and IAD airports further enhances accessibility. The property boasts a wealth of amenities, including a state-of-the-art conference center, a private metro shuttle, a fully equipped fitness center with classes, on-site cafes, a restaurant, a food truck hub, executive garage parking, ample surface parking, electric car charging stations, and a car-sharing service. 24/7 access is ensured via a keycard system. The on-site Crowne Plaza hotel, recently renovated, offers additional conference and dining options. All leases include full-service utilities, nightly janitorial service, and maintenance. Nearby are the US District Courthouse, the University of Maryland, and NASA Goddard Space Flight Center. This is a truly exceptional opportunity for businesses seeking a premier office space in a dynamic and convenient location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1987
    Construction BRICK
    Total area 173,794 SF
    Lot 8.12 ac (353,707 SF)
    Zoning code RTOLE
    APN 21-2397594
    UPID US40-0010644
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • The Federation of Galaxy Explorers Charitable Organization Social Service Agency
    • Brady S. Getlan Law Firm
    • Caroline K. Boras Law Firm
    • Kevin R. Feig Law Firm
    • Charles P. Lane Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $37.22M
    Blend (final) Blend
    $30.35M
    Owner & transaction history
    Mcm Parkway 6404 Ivy LLC · 4 yrs held
    Mcm Parkway 6404 Ivy LLC
    since 2021
    Last sale
    $21.1M
    3 recorded transactions
    2021
    $21.1M
    2017
    $12.3M
    2006
    $10
    Zoning & alternative use
    RTOLE · Greenbelt, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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