7855 Walker DrGreenbelt, MD 20770

For Lease
$22/SF/YR View listing
  • Office buildings
  • 111,590 SF

Property Details for 7855 Walker Dr

Year built
1984
Construction
BRICK
Lot size
3.11 AC
Property size (Sq ft)
111,590 SF
Zone code
CGO
Property type
Office buildings
APN
21-2394591
APU
212394591

Description

This exceptional six-story, 51,770-square-foot Class A office building in Greenbelt, Maryland, offers a variety of flexible spaces ideal for various business needs. The property is currently fully vacant, providing a unique opportunity for a single tenant or multiple tenants to occupy this meticulously maintained building. Suites are move-in ready, boasting recently renovated interiors with high-end finishes, including a stunning marble lobby and upgraded lighting. Modern amenities include electronic key card access, abundant parking (3.7 spaces per 1,000 square feet) with both garage and surface lot options, and a full-time building engineer. The building also features WalkerFit and WalkerRevive amenities. Enjoy spectacular views and large windows in each suite. Opportunities for building and monument signage are available. The space is divisible to a minimum of 1,186 square feet, with a maximum contiguous space of 18,133 square feet. Located in Prince George's County, this prime location is conveniently situated just three miles from the Goddard Space Center and nearby shopping. The building includes elevators for convenient access to all floors. This property is perfect for traditional office, executive office, medical office, creative office, or coworking spaces.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $23,630,744
    6.5%
    $21,812,996
    7%
    $20,254,924
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,453,460
    Geo Method
    $18,636,646
  • Alternative Use

    Use
    Valuation
    Residential
    $27,048,114
    Hospitality
    $24,775,928
    Educational
    $20,613,280
    Medical
    $21,322,202
    Retail
    $32,065,102
7855 Walker Dr, Greenbelt, Maryland

Location Insight

City
Greenbelt
County
Prince George's
State
Maryland
Latitude
38.9991
Longitude
-76.8945
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
$210,933
-
-
$11,747,867
-
$2,851,200
$10,009,100
$12,860,300

FAQs

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