3311 Toledo TerHyattsville, MD 20782

Property Details for 3311 Toledo Ter

Year built

1986

Construction

BRICK

Lot size

0.00 AC

Property size (Sq ft)

2,634 SF

Zone code

MUI

Property type

Office properties

Property subtype

Other office properties

APN

17-1835461

APU

171835461

Description

This freshly painted office space, located in a Hyattsville Hub Zone, offers a fantastic opportunity for businesses seeking a convenient and well-equipped workspace. Situated directly across from the Prince George's Plaza Mall and the Hyattsville Metro station, this location provides unparalleled accessibility and visibility. The office itself features a dedicated conference room, perfect for client meetings or internal collaborations. A welcoming reception and lobby area creates a professional first impression, while a convenient kitchen adds to the overall functionality. The space is part of a larger building situated on a 0.06-acre lot. A significant advantage is that all utilities are included in the rental price, simplifying budgeting and administration. This makes this office space an exceptionally attractive option for businesses seeking a cost-effective and strategically located solution in a thriving area. The property's proximity to public transportation and a major shopping center ensures high foot traffic and easy access for employees and clients alike. This is an ideal location for businesses looking to establish a strong presence in a vibrant and rapidly developing community. The square footage is currently unavailable. Interested parties should inquire for further details.

• CAP approach

  CAP return

  Valuation

  6%

  $557,786

  6.5%

  $514,880

  7%

  $478,103

• Comparable approach

  Method

  Valuation

  Relative Method

  $199,538

  Geo Method

  $439,904

• Alternative Use

  Use

  Valuation

  Residential

  $638,451

  Hospitality

  $584,818

  Educational

  $486,561

  Medical

  $503,295

  Retail

  $756,873

Location Insight

City

Hyattsville

County

Prince George's

State

Maryland

Latitude

38.968

Longitude

-76.9616

CBSA code

47900

CBSA name

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

Property Tax & Assessments

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