1300 Caraway CtUpper Marlboro, MD 20774

Property Details for 1300 Caraway Ct

Year built

2008

Lot size

0.13 AC

Property size (Sq ft)

1,433 SF

Zone code

CO

Property type

Office properties

APN

13-3950896

APU

133950896

Description

This exceptional Class A office building, located at 1300 Caraway Ct in Upper Marlboro, Maryland, presents a unique investment opportunity. The property boasts a substantial 25,000 square feet of space, ideally suited for a variety of executive office uses. The two-story building offers multiple suites available for purchase, ranging in size from 875 square feet to 2,931 square feet, providing flexibility for various business needs. The existing high-end finishes include impressive 9-foot ceilings throughout, creating a sophisticated and professional atmosphere. Ample parking is provided, exceeding county code requirements by a significant margin, ensuring convenient access for tenants and visitors. An elevator conveniently services the second floor, enhancing accessibility and efficiency. The property is situated in Prince George's County, Maryland, with a zip code of 20774, offering a strategic location within the region. This multi-tenant building presents a compelling opportunity for investors seeking a high-quality, well-maintained office property in a desirable location. The building's features and ample parking make it an attractive option for businesses seeking a prestigious and functional workspace. This is a turnkey opportunity to acquire a substantial and well-appointed office building in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $231,607

  6.5%

  $213,791

  7%

  $198,521

• Comparable approach

  Method

  Valuation

  Relative Method

  $83,710

  Geo Method

  $239,325

• Alternative Use

  Use

  Valuation

  Residential

  $265,101

  Hospitality

  $242,831

  Educational

  $202,033

  Medical

  $208,981

  Retail

  $314,273

Location Insight

City

Upper Marlboro

County

Prince George's

State

Maryland

Latitude

38.9071

Longitude

-76.8458

CBSA code

47900

CBSA name

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

Property Tax & Assessments

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