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Off Market
1/42

7350 Van Dusen Rd
Laurel, MD 20707


HIGHLIGHTS

  • AUCTION SITE: https://rimarketplace.com/auction/2037/absolute-auction-opportunity-medical-condo-unit-in-laurel-md?utm_source=costar
  • Being situated across from UM Laurel Medical Center and close to Chesapeake Surgical Center, positions this unit in the heart of a dynamic healthcare
  • With a robust healthcare sector and increasing demand for medical office space. The city's strategic location and growing population make it a prime t
  • Laurel, MD, is a bustling city with a population of 197,378 residents within a 5-mile radius. This high density ensures a steady flow of potential cli
  • Easy access to major highways and public transportation ensures convenient travel to and from Washington, D.C., and Baltimore, enhancing the appeal fo
  • 1,484 SF vacant medical office condo located in the heart of Laurel, Maryland.

OVERVIEW

Bracket Real Estate, in conjunction with Real Insight Marketplace, present the opportunity to acquire a unique investment opportunity with an absolute auction of a vacant condo unit situated within a 71,700 square foot medical office building in the thriving city of Laurel, Maryland. This 1,484 square foot unit offers exceptional value-add potential, making it an ideal acquisition for investors, medical professionals, and entrepreneurs looking to capitalize on the strategic location and robust demand for medical and office space. With flexible space, the unit can be tailored to suit a variety of uses, from medical offices to professional suites. The building was constructed in 1992. The asset presents a blank canvas for investors to implement their vision and create a customized space that meets the specific needs of their business or tenants. The value-add potential is significant, making it an attractive option for those looking to enhance the property's value through renovations and strategic improvements. Located directly across the street from the University of Maryland Laurel Medical Center, ensuring high visibility and accessibility. Just a half mile from the Chesapeake Surgical Center, this unit is nestled in a hub of medical activity, making it a prime location for healthcare-related businesses. Laurel, MD, is a bustling city with a population of 197,378 residents within a 5-mile radius. This high density ensures a steady flow of potential clients and patients, providing a solid foundation for business growth. Situated midway between Washington, D.C., and Baltimore, Laurel offers the perfect blend of suburban tranquility and urban accessibility. The condo unit's proximity to major medical centers and its location between two major metropolitan areas provide a strategic advantage for attracting clients and patients from a wide geographic area. Easy access to major highways and public transportation options ensures convenient travel to and from Washington, D.C., and Baltimore, enhancing the appeal for both staff and clients. https://rimarketplace.com/auction/2037/absolute-auction-opportunity-medical-condo-unit-in-laurel-md

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

The Medical Arts Bldg

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

71700

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

302

LAND DETAILS

LAND ACRES

0.43 AC AC

LAND SF

18,615 SF

ZONING

-

APN/PARCEL ID

10-2792125