7929 Belle Point DrGreenbelt, MD 20770

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

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.

• CAP approach

  CAP return

  Valuation

  6%

  $211,199

  6.5%

  $194,953

  7%

  $181,028

• Comparable approach

  Method

  Valuation

  Relative Method

  $66,664.10

  Geo Method

  $146,969

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $386,282

  Retail / Commercial

  $197,601

  Mixed-Use / Specialty

  $196,517

  Hospitality / Lodging

  $143,683

  Institutional / Educational

  $204,162

  Residential Income

  $238,870

  Multifamily

  $288,595

  Automotive / Energy

  $174,996

  Parking / Income-Based Land

  $60,764.60

  Restaurant / Food Service

  $101,398

  Healthcare / Senior Housing

  $201,914

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

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