Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9841 Greenbelt Rd, Unit A-3 Lanham, MD 20706-6269

    • Commercial real estate
    • 1,275 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-1355459
    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

    • Okorafor Nkem M DC / Alternative Medicine Practice
    • Face N Nails / Hair Salon / Nail Salon
    • Absolute Rehabilitative Therapy, Inc. / Physician
    • AjaBLU Salon & Studio / Hair Salon / Nail Salon
    • Da We Yone / Computer & Electronic Repair

    Property Details for 9841 Greenbelt Rd

    Year built
    1997
    Lot size
    0.03 lot acres
    Property size
    1,275 SF
    Zone code
    CO
    Property type
    Commercial real estate
    APN
    14-3119930
    APU
    143119930

    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
    -76.835
    Latitude
    38.9901
    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
    $2,126
    $66,900
    $124,300
    $191,200
    -
    $66,900
    $124,300
    $191,200

    Comparable in this City

    • Value Estimation by Request
      847 SF

      9801 Greenbelt Rd, Unit J

      COMMERCIAL CONDOMINUIM • 847 SF
      9801 Greenbelt Rd, Lanham, MD 20706-2273
      View Details
    • Value Estimation by Request
      847 SF

      9801 Greenbelt Rd, Unit I

      COMMERCIAL CONDOMINUIM • 847 SF
      9801 Greenbelt Rd, Lanham, MD 20706-2273
      View Details
    • Value Estimation by Request
      693 SF

      214 Annapolis Rd Ste, Unit 214

      COMMERCIAL (GENERAL) • 693 SF
      214 Annapolis Rd Ste, Lanham, MD 20706-3037
      View Details
    • Value Estimation by Request
      693 SF

      215 Annapolis Rd Ste, Unit 215

      COMMERCIAL (GENERAL) • 693 SF
      215 Annapolis Rd Ste, Lanham, MD 20706-3090
      View Details
    • Value Estimation by Request
      1,322 SF

      9470 Annapolis Rd, Unit 3-318

      COMMERCIAL (GENERAL) • 1,322 SF
      9470 Annapolis Rd, Lanham, MD 20706-3025
      View Details
    • Value Estimation by Request
      0.11 Acres

      Colbert Ln

      COMMERCIAL (GENERAL) • 0.11 Acres
      Colbert Ln, Lanham, MD 20706
      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.
      9500 Annapolis Rd, Lanham, MD 20706
      View Details
    • $375,000
      0.75 Acres

      Lanham Commercial Land For Sale

      0.75+/- acre corner lot in Lanham, MD for sale.
      9897 Greenbelt Rd, Lanham, MD 20706
      View Details
    • $750,000
      2,048 SF

      Renovated Multi-Family Cape Cod

      Two homes on a .48-acre lot, move-in ready.
      9226 Fowler Ln, Lanham, MD 20706
      View Details
    • $138,000
      0.54 Acres

      Sushi Restaurant Business Opportunity

      Established sushi restaurant with loyal customer base in Lanham, MD.
      8855 Greenbelt Rd, Lanham, MD 20706
      View Details
    • Contact for pricing

      Lanham Corner Lot Opportunity

      0.75 acre corner lot in Lanham, Prince George's County.
      9897 Greenbelt Rd, Lanham, MD 20706
      View Details
    • $1,200,000

      Commercial Building on Fenced Lot

      3,000 SF commercial building with fenced lot for sale.
      10805 Lanham Severn Rd, Glenn Dale, MD 20706
      View Details

    Similar Nearby for Lease

    • $1,650 /Mo

      Well-Maintained Office Building For Rent

      Office space in Chesapeake Office Park, near upcoming Purple Line.
      7050 Chesapeake Rd, Landover Hills, MD 20706
      View Details
    • $3,000 /Mo

      Lanham Auto Body Shop Space

      Former auto body shop, the only one available in the area.
      9605 Lanham Severn Rd, Lanham, MD 20706
      View Details
    • Contact for pricing
      1,081 SF

      Lanham Office Space For Rent

      Office space with direct access to major transportation routes.
      4200 Forbes Blvd, Lanham, MD 20706
      View Details
    • Contact for pricing
      2,400 SF

      Lanham Retail Space For Rent

      Retail space and pad site with drive-thru available for lease.
      8807-8845 Annapolis Rd, Lanham, MD 20706
      View Details
    • $15 SF/Yr

      Lanham Office Suites For Rent

      Office suites available in Lanham, Prince George's County, MD.
      7501 Forbes Blvd, Lanham, MD 20706
      View Details
    • Contact for pricing
      12,016 SF

      Lanham Flex Space Available

      Flex space with dock-high door in Lanham, Maryland.
      4720 Boston Way, Lanham, MD 20706
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9841 Greenbelt Rd, Unit A-3
    Lanham, MD 20706-6269
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!