Property profile

8359 Cherry Ln 3 Laurel, MD 20707

OFF-MARKET
Office Spaces
Property ID
US40-1356173
2,132 SF 0.21 ac lot Built 1986
Entity Owned 9-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1986
Total area 2,132 SF
Lot 0.21 ac (9,345 SF)
Zoning code LAUR
APN 10-1040351
UPID US40-1356173

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
  • Real Estate Agency

Location

8359 Cherry Ln, Unit 3 Laurel, MD 20707-4829
Laurel metro Census 800106 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
$535k
Comparable Approach Comparable
$556k
Blend (final) Blend
$305k

Owner & transaction history

since 2017
2 recorded transactions
2017
$485,000
2008
Price N/A

Zoning & alternative use

LAUR · Laurel, MD
Top alternative use upside
Medical building $645,000 +6.7%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8359 Cherry Ln, Unit 3?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message