3901 Calverton BlvdCalverton, MD 20705
- Office properties
- 141,312 SF
Property Details for 3901 Calverton Blvd
- Year built
- 1984
- Construction
- STEEL FRAME
- Lot size
- 7.64 AC
- Property size (Sq ft)
- 141,312 SF
- Zone code
- CGO
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 01-2945970
- APU
- 12945970
Description
This Class A office building, the Calverton Corporate Center, located at 3901 Calverton Blvd, Calverton, MD 20705, offers exceptional office space in the Beltsville submarket cluster of Prince George's County. Built in 1984 and extensively renovated in 2011, this single, four-story building boasts 120,000 square feet of total space. Multiple tenancy options are available, with a minimum divisible space of 1,938 square feet and a maximum contiguous space of 30,000 square feet. Currently, 30,000 square feet is vacant and ready for immediate occupancy. The building features a 10-foot ceiling height and elevators for convenient access. This property is ideal for businesses seeking a modern and efficient workspace in a well-established location. The building comprises a total of 60,000 individual suites. Its convenient location within the Calverton submarket provides easy access to major transportation routes and amenities. Don't miss this opportunity to secure your ideal office space in this highly sought-after location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $29,924,794
- 6.5%
- $27,622,888
- 7%
- $25,649,824
-
Comparable approach
- Method
- Valuation
- Relative Method
- $10,705,039
- Geo Method
- $23,600,518
-
Alternative Use
- Use
- Valuation
- Residential
- $34,252,380
- Hospitality
- $31,374,996
- Educational
- $26,103,628
- Medical
- $27,001,372
- Retail
- $40,605,644
Location Insight
- City
- Beltsville
- County
- Prince George's
- State
- Maryland
- Latitude
- 39.0513
- Longitude
- -76.9391
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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