8301 Professional Pllandover, MD 20785

Property Details for 8301 Professional Pl

Year built

1980

Construction

BRICK

Lot size

11.72 AC

Property size (Sq ft)

136,592 SF

Zone code

RTOHE

Property type

Office buildings

APN

20-2223758

APU

202223758

Description

This exceptional Class A office space at 8301 Professional Place in Prince George's County offers a variety of flexible layouts to suit diverse business needs. Multiple tenancy options are available, ranging from individual offices to expansive suites. The property features two primary suites, designated "Blue" and "Green," each offering a self-contained environment. The Blue suite comprises seven exterior offices, eight interior offices, a large workroom, and totals approximately 10,000 square feet. The Green suite includes five exterior and five interior offices, also in a self-contained layout, with a smaller overall footprint. Additionally, a smaller, divisible space ("Orange") is available, offering one exterior office, three interior offices, and one workstation. This space can be leased individually or combined with other areas. All spaces share access to a common conference room and kitchen, providing convenient amenities. Crucially, all office spaces are accessed independently, without needing to pass through any other tenant's area. Interior office spaces are available for $500 per month, while the larger suites are priced at $4750 per month for the Blue suite and $3200 per month for the Green suite. Available space ranges from 150 square feet to 10,000 square feet, providing options for businesses of all sizes. This is a prime opportunity to secure high-quality office space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $25,020,100

  6.5%

  $23,095,500

  7%

  $21,445,800

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,979,170

  Geo Method

  $22,812,200

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $45,997,400

  Retail / Commercial

  $23,483,900

  Mixed-Use / Specialty

  $23,318,800

  Hospitality / Lodging

  $17,002,300

  Institutional / Educational

  $24,213,100

  Residential Income

  $28,329,300

  Multifamily

  $34,427,900

  Automotive / Energy

  $20,754,100

  Parking / Income-Based Land

  $7,242,390

  Restaurant / Food Service

  $11,954,600

  Healthcare / Senior Housing

  $23,996,500

Location Insight

City

Landover

County

Prince George's

State

Maryland

Latitude

38.9491

Longitude

-76.8631

CBSA code

47900

CBSA name

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

Property Tax & Assessments

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