5632 Annapolis Rd - Medical CONDO FOR SALE


Bladensburg, MD 20710
$395,000 USD
202-318-6800
5632 Annapolis Rd, Bladensburg, MD for Sale
$395,000 USD
Medical CONDO - FOR SALE
1/12
null | Request Cap Rate

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5632 Annapolis Rd
Bladensburg, MD 20710


HIGHLIGHTS

  • • Delivered Vacant | Ideal for an Owner-User | Currently an Orthopedic Clinic
  • • Includes Reception Area, Large Treatment Room, 5 Exam Rooms, 4 Restrooms, Etc.
  • • Low Price Per SF Compared to Nearby Office Condominium Sales
  • • Street-Level Office Space Along a Primary Corridor Near the B-W Parkway
  • • Less than a 5-Minute Drive to U.S. Route 50, Washington D.C., & the 44-Acre Cheverly Hospital Redevelopment

OVERVIEW

The subject property is a two-minute drive from the Baltimore-Washington Parkway and a five-minute drive from U.S. Route 50, U.S. Route 1 Alternate, and Washington, D.C. 5632 Annapolis Road, Units 1 & 2 are positioned to serve a dense local population of more than 23,000 residents within one mile and more than 75,000 residents within two miles. The subject property also stands to benefit from the 1,300 new housing units planned at the 44-acre, mixed-use Cheverly Hospital Redevelopment, which is a three-minute drive away. Currently built out for medical office use, the subject property’s zoning allows for a wide range of permitted uses, including medical, office, educational, and retail, offering investors the flexibility to attract a diverse tenant mix and generate strong rental income.

FOR SALE DETAILS

PRICE

$395,000 USD

PRICE/SF

$119 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Annapolis Road Medical Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

22,200 SF

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

66

LAND DETAILS

LAND ACRES

1.48 AC

LAND SF

64,390 SF

ZONING

-

APN/PARCEL ID

02-0122622,02-0122630,02-0122648,02-0122655,02-0122663,02-0122671,02-0122689,02-0122697,02-0122705,02-0122713,02-0122721,02-0122739,02-0122747,02-0122754

ASK ABOUT THIS PROPERTY

Brandon CardwellFeldman RuelMore Info
202-318-6800

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Brandon CardwellFeldman RuelMore Info
202-318-6800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.