10210 Greenbelt RdLanham, MD 20706

  • Office properties
  • 151,200 SF
For Lease
$18/SF/YR View listing

Property Details for 10210 Greenbelt Rd

Year built
1971
Construction
BRICK
Lot size
5.00 AC
Property size (Sq ft)
151,200 SF
Zone code
IE
Property type
Office properties
Property subtype
Office buildings
APN
14-5509278
APU
145509278

Description

The Aerospace Building, located at 10210 Greenbelt Rd, Lanham, MD 20706, offers 49,527 square feet of move-in ready Class B office space, currently fully vacant and available for lease. This multi-tenant building features a mix of medical and executive office suites, with a minimum divisible space of 1,268 square feet and a maximum contiguous space of 8,667 square feet. The property boasts abundant free surface parking with 522 spaces, ensuring convenient access for tenants and their clients. Building amenities include electronic keycard access, a full-time on-site building engineer, and a dedicated conference meeting area. Enjoy enhanced visibility from Route 193, complemented by building and monument signage opportunities. The building was renovated in 2000 and features large windows offering spectacular views. This prime location in Lanham, Maryland provides excellent access to major transportation routes and offers a professional environment for businesses of all sizes. The property is ideal for medical practices, executive offices, or a combination thereof. Contact us today to learn more about leasing opportunities at this exceptional property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $24,437,572
    6.5%
    $22,557,760
    7%
    $20,946,492
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,832,516
    Geo Method
    $21,794,648
  • Alternative Use

    Use
    Valuation
    Residential
    $27,971,622
    Hospitality
    $25,621,856
    Educational
    $21,317,082
    Medical
    $22,050,210
    Retail
    $33,159,906
10210 Greenbelt Rd, Lanham, Maryland

Location Insight

City
Lanham
County
Prince George's
State
Maryland
Latitude
38.9918
Longitude
-76.8285
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
$177,937
$5,448,600
$10,552,900
$16,001,500
-
$5,448,600
$10,552,900
$16,001,500

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