7833 Walker DrGreenbelt, MD 20770

Property Details for 7833 Walker Dr

Year built

1982

Construction

BRICK

Lot size

5.26 AC

Property size (Sq ft)

111,579 SF

Zone code

CGO

Property type

Office buildings

APN

21-2394609

APU

212394609

Description

This exceptional six-story Class A office building, located at 7833 Walker Drive in Greenbelt, Maryland, offers a diverse range of office spaces to suit various business needs. The property is ideally suited for traditional office setups, coworking spaces, medical offices, creative agencies, or executive suites. Multiple tenancy options are available within this recently renovated building, boasting high-end finishes including a stunning marble lobby and upgraded lighting throughout. Enjoy the convenience of electronic key card access for enhanced security. Tenants will appreciate the on-site amenities, including WalkerFit and WalkerRevive, as well as spectacular views and large windows in each suite. The building offers excellent signage opportunities, both on the building itself and as a monument sign. Ample parking is provided with a generous parking ratio of 3.7 spaces per 1,000 square feet, encompassing both garage and front/rear parking lots. A full-time building engineer ensures seamless operations. The property's strategic location is just three miles from the Goddard Space Center and offers easy access to shopping and other amenities. Build-to-suit options may be available. This move-in ready space presents a fantastic opportunity for businesses seeking a prestigious and well-equipped office environment in a thriving location. The property is situated in Prince George's County, Maryland, zip code 20770.

• CAP approach

  CAP return

  Valuation

  6%

  $26,778,900

  6.5%

  $24,719,000

  7%

  $22,953,300

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,452,630

  Geo Method

  $18,634,800

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $48,978,400

  Retail / Commercial

  $25,054,700

  Mixed-Use / Specialty

  $24,917,200

  Hospitality / Lodging

  $18,218,200

  Institutional / Educational

  $25,886,600

  Residential Income

  $30,287,300

  Multifamily

  $36,592,200

  Automotive / Energy

  $22,188,500

  Parking / Income-Based Land

  $7,704,610

  Restaurant / Food Service

  $12,856,800

  Healthcare / Senior Housing

  $25,601,500

Location Insight

City

Greenbelt

County

Prince George's

State

Maryland

Latitude

38.9988

Longitude

-76.8933

CBSA code

47900

CBSA name

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

Property Tax & Assessments

FAQs

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