7803 Belle Point DrGreenbelt, MD 20770

Property Details for 7803 Belle Point Dr

Year built

2000

Construction

BRICK

Lot size

0.10 AC

Property size (Sq ft)

870 SF

Zone code

CO

Property type

Office properties

Property subtype

Other office properties

APN

21-3321494

APU

213321494

Description

This exceptional investment opportunity presents two combined office condominium units totaling 1,730 square feet, ideally situated at 7803 & 7807 Belle Point Drive in Greenbelt, Maryland. The property, built in 2002, offers a versatile space suitable for executive, medical, or traditional office uses. Each unit is priced at $200,000, with a combined asking price of $400,000. Located on the second floor of a two-story building, the property boasts 24-hour access and ample free, unreserved surface parking. This prime location within an established office park benefits from exceptional accessibility, situated between the future FBI Headquarters and NASA's Goddard Center, offering proximity to major transportation arteries including I-95, I-495, MD 295, and MD 193. The area also provides convenient access to Greenbelt Metro and MARC Rail stations, along with numerous amenities such as Beltway Plaza Mall and Greenway Shopping Center. This presents a unique chance to own a well-positioned property in a thriving commercial area with high employment density and strong retail support. The property is vacant and available immediately for owner-user occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $184,235

  6.5%

  $170,063

  7%

  $157,915

• Comparable approach

  Method

  Valuation

  Relative Method

  $65,907

  Geo Method

  $145,299

• Alternative Use

  Use

  Valuation

  Residential

  $210,878

  Hospitality

  $193,163

  Educational

  $160,709

  Medical

  $166,236

  Retail

  $249,992

Location Insight

City

Greenbelt

County

Prince George's

State

Maryland

Latitude

38.9977

Longitude

-76.89

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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