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Property profile & analytics
OFF-MARKET
Estimated value
$20,505,000
Office buildings
7852 Walker Dr, Greenbelt, MD 20770-3244
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US40-1115157
Property summary
AI-generated overview
Patriot Business Park offers exceptional Class A office space in Greenbelt, Maryland. This single, four-story building, constructed in 2006 and renovated in 2020, boasts 88,000 square feet of total space. The property features 22,000 square feet of immediately available space, divisible into units ranging from 1,900 to 22,000 contiguous square feet, making it ideal for businesses of various sizes. Each suite benefits from a 10-foot ceiling height and high-end finishes, including corporate-style build-outs with kitchens, conference rooms, open work areas, and private windowed offices. A large training room with a movable partition adds versatility. Located at 7852 Walker Dr, Greenbelt, MD 20770, in the desirable Greenbelt submarket of Prince George's County, this property provides ample parking with a 3.5 spaces per 1,000 square feet ratio. The building's prime location and modern amenities make it a truly exceptional opportunity for businesses seeking a prestigious and functional workspace. Full floors are also available. This is the finest office building in Greenbelt.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Total area
88,400 SF
Lot
5.21 ac (226,948 SF)
Zoning code
CGO
APN
21-3649324
UPID
US40-1115157
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
-
ChasenBoscolo Law Firm
-
Murry’s, Inc. Take-out & Catering
-
ElanTech Inc. (Bike/Boat/Book/etc) Store Corporate Office
-
National Volunteer Fire Council Charitable Organization Social Service Agency
-
Lancaster Bible College | Capital Seminary & Graduate School University College
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$22.16M
Comparable Approach
Comparable
$22.07M
Blend (final)
Blend
$20.51M
Owner & transaction history
Patriot Business Park LLC
Patriot Business Park LLC
1 recorded transaction
Zoning & alternative use
CGO · Greenbelt, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$29.1M
+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%
$24,010,000
6.5%
$22,160,000
7%
$20,580,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$29,100,000
Current use
COMMERCIAL (GENERAL)
$29,120,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$20.51M
Range $18.45M – $22.56M · ±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
$232 / 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
$187,562
Tax year 2023
Assessed value
$10,446,200
Assessed 2023
Previous assessed
$13,079,933
-20.1% YoY
Effective rate
1.80%
On assessed value
Assessed land
$3,404,200
Assessed improvement
$7,042,000
Land market value
$3,404,200
Improvement market value
$7,042,000
Total market value
$10,446,200
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
Off-Market
Year built
2005
Heating
YES
Cooling
YES
Stories
4
Units
1
Total area
88,400 SF
Lot
5.21 ac (226,948 SF)
Zoning code
CGO
APN
21-3649324
UPID
US40-1115157
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
$29.1M
COMMERCIAL (GENERAL)
Est. value
$29.1M
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
2005
Heating
YES
Cooling
Yes
Stories
4
Units
1
Lot
5.21 ac
Current owner
From public records · entity-resolved
Patriot Business Park LLC
Entity
Mailing address
4719 HAMPDEN LN STE #300, BETHESDA, MD 20814-3182
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Patriot Business Park LLC
—
Deed Of Trust
related
$21,000,000 · Union Bk&tr
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.
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