3901 Calverton BlvdCalverton, MD 20705

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 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.

• CAP approach

  CAP return

  Valuation

  6%

  $33,914,800

  6.5%

  $31,305,900

  7%

  $29,069,800

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,705,000

  Geo Method

  $23,600,500

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $62,029,900

  Retail / Commercial

  $31,731,200

  Mixed-Use / Specialty

  $31,557,000

  Hospitality / Lodging

  $23,072,900

  Institutional / Educational

  $32,784,700

  Residential Income

  $38,358,100

  Multifamily

  $46,343,100

  Automotive / Energy

  $28,101,200

  Parking / Income-Based Land

  $9,757,700

  Restaurant / Food Service

  $16,282,800

  Healthcare / Senior Housing

  $32,423,700

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

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