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    Property profile & analytics

    9300 Annapolis Rd Lanham, MD 20706-3114

    • Office buildings
    • 10,000 SF
    • 0.74 lot acres
    OFF-MARKET
    Value Estimations
    $1,500,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-1053397
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dayspring Community Church / Church
    • arys boutique and apparels / Boutique
    • New Birth Carpet Cleaning / Car Detailing Service / Carpet Cleaning Service
    • Starlite Care / Disability Services
    • Simky African Carryout & Catering / Caterer / Mobile Caterer

    Property Details for 9300 Annapolis Rd

    Year built
    1977
    Construction
    BRICK
    Lot size
    0.74 lot acres
    Property size
    10,000 SF
    Zone code
    CGO
    Property type
    Office buildings
    APN
    20-2195923
    APU
    202195923

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lanham
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.8501
    Latitude
    38.9649
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,610
    $385,300
    $658,800
    $1,044,100
    -
    $385,300
    $658,800
    $1,044,100

    Comparable in this City

    • Value Estimation
      $9,245,000
      59,458 SF

      4601 Presidents Dr

      OFFICE BUILDING • 59,458 SF
      4601 Presidents Dr, Lanham, MD 20706-4365
      View Details
    • Value Estimation by Request
      64,900 SF

      4640 Forbes Blvd

      OFFICE BUILDING • 64,900 SF
      4640 Forbes Blvd, Lanham, MD 20706-4323
      View Details
    • Value Estimation
      $1,540,000
      8,640 SF

      7901 Annapolis Rd

      OFFICE BUILDING • 8,640 SF
      7901 Annapolis Rd, Lanham, MD 20706-1309
      View Details
    • Value Estimation
      $4,990,000
      56,184 SF

      10003 Derekwood Ln

      OFFICE BUILDING • 56,184 SF
      10003 Derekwood Ln, Lanham, MD 20706-4362
      View Details
    • Value Estimation
      $3,975,000
      31,091 SF

      7401 Forbes Blvd

      OFFICE BUILDING • 31,091 SF
      7401 Forbes Blvd, Lanham, MD 20706-2200
      View Details
    • Value Estimation by Request
      2,301 SF

      9315 Annapolis Rd

      OFFICE BUILDING • 2,301 SF
      9315 Annapolis Rd, Lanham, MD 20706-3120
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.08 Acres

      Lanham Office Space - Unit A7

      Prime Lanham office, 0.08 acres. Ideal for small business.
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    • $550,000
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      Medical Office Condos For Sale

      Two combined medical office condos with 12 offices/exam rooms.
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      58,729 SF

      Lanham Office Suites For Sale

      Office suites for sale near Capital Beltway and Rt. 50.
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      115,831 SF

      Lanham, MD Creative Office Campus

      115,831 SF Mixed-Use Investment Opportunity
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      76,163 SF

      Renovated Office Space For Sale

      Excellent location with ample parking and high-speed internet.
      8855 Annapolis Rd, Lanham, MD 20706
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    • $450,000

      Lanham Specialty Property For Sale

      Specialty property available for purchase in Lanham, Maryland.
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    Similar Nearby for Lease

    • $18 SF/Yr
      1,625 SF

      Lanham Office Space For Lease

      Four-story office building near NASA with on-site conference center.
      7375 Executive Pl, Lanham, MD 20706
      View Details
    • $1,675 /Mo
      11,900 SF

      Well-Maintained Office Building For Lease

      Office building in Chesapeake Office Park, near upcoming Purple Line.
      7100 Chesapeake Rd, Landover Hills, MD 20706
      View Details
    • $17 SF/Yr
      23,177 SF

      Lanham Office Building For Lease

      Office building with upgraded space and convenient location for lease.
      9410 Annapolis Rd, Lanham, MD 20706
      View Details
    • Contact for pricing
      41,480 SF

      Office Space in Goddard Corporate Park

      Class B office building with ample parking and convenient location.
      7515 Mission Dr, Lanham, MD 20706
      View Details
    • $15 SF/Yr
      64,842 SF

      Lanham Office Building For Rent

      Four-story office building with renovated lobby and backup generator.
      4500 Forbes Blvd, Lanham, MD 20706
      View Details
    • $18 SF/Yr
      8,099 SF

      Lanham Office Building For Rent

      Four-story office building near NASA with on-site conference center.
      7404 Executive Pl, Lanham, MD 20706
      View Details
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    9300 Annapolis Rd
    Lanham, MD 20706-3114
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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