Property profile

8347 Cherry Ln 2 Laurel, MD 20707

OFF-MARKET
Office Spaces
Property ID
US40-0506563
1,198 SF 0.12 ac lot Built 1986
Entity Owned 15-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1986
Total area 1,198 SF
Lot 0.12 ac (5,239 SF)
Zoning code LAUR
APN 10-1040187
UPID US40-0506563

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8347 Cherry Ln, Unit 2 Laurel, MD 20707-4828
Laurel metro Census 800106 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2011
7 recorded transactions
2018
Price N/A
2016
Price N/A
2011
$307,000
2000
$315,000
1999
$260,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LAUR · Laurel, MD

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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