Property profile

7200 Hanover Dr Greenbelt, MD 20770

OFF-MARKET
Hotels
Property ID
US40-1386116
97,487 SF 4.12 ac lot Built 1983
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1983
Construction BRICK
Total area 97,487 SF
Lot 4.12 ac (179,467 SF)
Zoning code CGO
APN 21-2371847
UPID US40-1386116

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
  • Hotel & Motel
  • Painting Service General Contractor
  • Bar & Pub

Location

7200 Hanover Dr Greenbelt, MD 20770-2246
Greenbelt metro Census 806710 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$10.33M

Owner & transaction history

since 2021
Last sale
$8.4M
7 recorded transactions
2026
Price N/A
2024
Price N/A
2023
Price N/A
2021
$8.4M
2021
$7.7M
2012
Price N/A
1969
Price N/A

Zoning & alternative use

CGO · Greenbelt, MD
Zoning description

The purposes of the Commercial, General and Office (CGO) Zone are to provide lands for a diverse range of business, civic, and mixed use development, typically at or near major intersections where visibility and good acc…

General category MIXED_USE
Top alternative use upside
Industrial (general) $14.6M +377.9%
Retail stores $14.5M +375.7%

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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