Tom Bauer - REMAX Distinctive
9660 Marlboro Pike
UPPER MARLBORO, MD 20772

$129,900

Description

This Office Condo right off of Marlboro Pike and Pennsylvania Ave is in a busy office complex. Zoned for a multitude of Office types. Since there is a tenant in the office currently this is a great opportunity for investors. The Tenant whose lease is currently Month to Month wishes to remain and lease is ready to be renegotiated. Cap Rate is 9.5%. Lease restructure could easily raise cap above 10%

Details

MLS#1002017342
StyleIndustrial
Sub-TypeResale
StatusActive
Year1990
Days On Site99

Features

SQ Feet1,230
Story(s)0
ZoningCO

Market Activity 20772

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Area Information

StateMD
CityUPPER MARLBORO
Zip Code20772
Listing VS Median (in 20772)
Price:
$129,900
low | high
Med:
$345,000
100% of Average
SqFt:
1,230
low | high
Med:
3,000
93.90243902439% of Average
$ / SqFt:
$106
low | high
Med:
$115
41.108545034642% of Average
On Site:
99
low | high
Med:
21
100% of Average
Listing Updated: 10/18/2018
MLS Number: 1002017342
Listing Provided By:
Sam M Tanner  of  Keller Williams Flagship of Maryland

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