7929 Belle Point DrGreenbelt, MD 20770

  • Office properties
  • 880 SF
For Sale

Property Details for 7929 Belle Point Dr

Year built
2007
Lot size
0.07 AC
Property size (Sq ft)
880 SF
Zone code
CO
Property type
Office properties
Property subtype
Other office properties
APN
21-3830916
APU
213830916

Description

This exceptional office suite, located at 7929 Belle Point Drive in Greenbelt, Maryland, presents a fantastic opportunity for medical professionals. Situated on a 0.07-acre lot, this ready-to-occupy space is perfectly designed to accommodate a growing practice or a new medical venture. The suite boasts a thoughtfully designed layout, featuring two generously sized private offices, providing ample space for consultations and administrative tasks. A dedicated den offers additional flexibility, potentially serving as a storage area, break room, or even a small examination room depending on the tenant's needs. A convenient reception area ensures a professional and welcoming environment for patients. Furthermore, a private bathroom is included within the suite for the convenience of both staff and patients. The suite is offered on a lease basis, with the tenant responsible for their own water and electric utilities. This prime location in Greenbelt offers easy access to major transportation routes and a thriving community, making it an ideal setting for a successful medical practice. The property is available immediately, allowing for a swift and efficient transition into your new workspace. Interested parties are encouraged to inquire promptly to secure this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $186,352
    6.5%
    $172,018
    7%
    $159,731
  • Comparable approach

    Method
    Valuation
    Relative Method
    $66,664
    Geo Method
    $146,969
  • Alternative Use

    Use
    Valuation
    Residential
    $213,302
    Hospitality
    $195,383
    Educational
    $162,557
    Medical
    $168,147
    Retail
    $252,866
7929 Belle Point Dr, Greenbelt, Maryland

Location Insight

City
Greenbelt
County
Prince George's
State
Maryland
Latitude
38.9994
Longitude
-76.891
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
$2,818
-
-
$156,933
-
$55,400
$103,000
$158,400

FAQs

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