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Property profile & analytics
FOR LEASE
Office buildings
7701 Greenbelt Rd, Greenbelt, MD 20770
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US40-1801729
For Lease
1 / 2
$29,410,000
7701 Greenbelt Rd, Greenbelt, MD 20770
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
BRICK
Total area
133,000 SF
Lot
7.68 ac (334,541 SF)
Zoning code
CGO
APN
21-2319721
UPID
US40-1801729
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
-
Vincent Young, Bennett Realty Solutions Real Estate Agency
-
Chris King-David, Bennett Realty Solutions Real Estate Agency
-
REALTOR Stephanie Hill, HillSellsDMV Real Estate Agency
-
Swingtech Consulting Inc (Bike/Boat/Book/etc) Store Corporate Office
-
Sheridan Title, Inc. Title Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$32.99M
Blend (final)
Blend
$29.41M
Owner & transaction history
Md Property & Realty LLC · 6 yrs held
Md Property & Realty LLC
since 2019
7 recorded transactions
Zoning & alternative use
CGO · Greenbelt, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$43.8M
+0.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Greenbelt submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenbelt submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$43,780,000
Current use
COMMERCIAL (GENERAL)
$43,810,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$29.41M
Range $26.47M – $32.35M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$221 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$280,313
Tax year 2023
Assessed value
$15,612,000
Assessed 2023
Previous assessed
$14,889,333
+4.9% YoY
Effective rate
1.80%
On assessed value
Land market value
$5,018,100
Improvement market value
$12,649,900
Total market value
$17,668,000
Applied tax rate
74.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1988
Construction
BRICK
Heating
YES
Cooling
YES
Stories
5
Units
1
Total area
133,000 SF
Lot
7.68 ac (334,541 SF)
Zoning code
CGO
APN
21-2319721
UPID
US40-1801729
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CGO · Greenbelt, MD
Zoning CGO · permitted uses
CGO · Greenbelt, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greenbelt. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$43.8M
COMMERCIAL (GENERAL)
Est. value
$43.8M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
5
Units
1
Lot
7.68 ac
Current owner
From public records · entity-resolved
Md Property & Realty LLC
Entity
Mailing address
17201 COLLINS AVE APT #3501, SUNNY ISLES BEACH, FL 33160-3484
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2019
$11,500,000
Md Property & Realty LLC
Interra Sky Commerce Center I LLC
Special Warranty Deed
$8,625,000 · Langley FCU
Aug 30, 2016
—
Bvfl I Fi LLC
—
Deed
related
—
Jul 25, 2016
$7,875,000
Interra-sky Commerce Center I
Us Bank NA 2006-ldp8
Grant Deed
$5,700,000 · Private Individual
Jun 3, 2013
$6,000,000
Us Bank NA Series 2006-ldp8 Tr
Mccormack Timothy F
Trustees Deed
related
—
Dec 2, 2008
$18,700,482
Csg Commerce Center LLC
Commerce Center I LLC
Grant Deed
related
—
Nov 3, 2000
$12,200,000
Commerce Center I LLC
Flatiron Property Corp
Grant Deed
$11,775,000 · General Electric Capital Corp
—
—
Bvfl I Fi LLC
—
Deed Of Trust
related
—
—
—
Commerce Center I LLC
—
Deed Of Trust
related
$17,760,000 · J P Morgan Chase Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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