8401 Corporate Dr Greater Landover, MD 20785
- Office buildings
- 110,772 SF
- 3.95 lot acres
Current Use by Public Records
- Office buildings
Property Details for 8401 Corporate Dr
- Year built
- 1980
- Construction
- BRICK
- Lot size
- 3.95 lot acres
- Property size
- 110,772 SF
- Zone code
- RTOHE
- Property type
- Office buildings
- APN
- 20-3479524
- APU
- 203479524
Description
This Class B office building, located at 8401 Corporate Drive in Greater Landover, Maryland, offers 111,437 square feet of space across one six-story building. The property features multiple tenancy options, with available suites ranging from 1,114 to 6,481 square feet. Amenities include renovated elevators, a fitness center, on-site café and Subway restaurant, and new conference facilities. Full-service leases are available for smaller suites (under 1,500 sq ft), encompassing utilities, nightly janitorial services, and maintenance. The building boasts prominent penthouse signage opportunities and ample free parking. Its strategic location at the intersection of Route 50 and the Capital Beltway, adjacent to the New Carrollton Metro station, provides exceptional accessibility. A shuttle service to the New Carrollton Station (Amtrak and Metro Orange Line) further enhances commuting convenience. The surrounding area offers a variety of dining, retail, and lodging options, including New Carrollton Town Center, Starbucks, Dunkin', Walmart, and FedEx Field. The property enjoys excellent proximity to Downtown DC (10 miles), Reagan National Airport (15 miles), and Baltimore (36 miles). Located in a qualified HUBZone, this property presents a compelling opportunity for businesses seeking a well-amenitized and conveniently located office space in the Baltimore-Washington corridor. On-site property management, maintenance, and security staff ensure a seamless tenant experience.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $10,460,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $7,990,000
- 6.5%
- $8,465,000
- 7%
- $9,205,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $8,020,000
- Geo Method
- $9,150,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $7,385,000
- Retail
- $8,940,000
- Mixed-Use
- $6,895,000
- Hospitality
- $7,090,000
- Educational
- $7,765,000
- Residential Income
- $9,205,000
- Energy
- $8,365,000
- Income-Based Land
- $7,980,000
- Food Service
- $8,635,000
Location Insight
- Map
- Local Demand
- City
- Landover
- County
- Prince George's
- State
- Maryland
- Longitude
- -76.8619
- Latitude
- 38.9465
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA