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1020 Prince Frederick Blvd 7,502 SF 59% Leased Office Building Prince Frederick, MD 20678 $1,500,000 ($199.95/SF) 7.69% Cap Rate
Investment Highlights
- Located along Prince Frederick Boulevard within an established business corridor.
- Large windows provide natural light throughout the office space.
- Flexible floor plans can be adapted to a variety of office users.
- Ample on-site parking accommodates employees and visitors.
- High ceilings support an open and professional work environment.
- Available for both investment acquisition and tenant occupancy.
Executive Summary
The building features flexible office layouts, high ceilings, abundant natural light from large windows, and ample on-site parking for tenants and visitors. These characteristics support a variety of professional office users while providing adaptability for future occupancy needs. The property's existing income stream, combined with its location in an established commercial district, creates potential for both owner-users and investors seeking a well-positioned office asset.
Prince Frederick serves as a regional hub for commerce and services within Southern Maryland, drawing employees, residents, and businesses from throughout the surrounding area. The property's location provides convenient access to major local thoroughfares and the amenities that support office operations, helping maintain its appeal to a broad range of occupiers.
The combination of income-producing potential, functional office space, and a recognized business location presents a compelling opportunity for investors seeking long-term value and operational flexibility.
Property Facts
Amenities
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
The basement unit offers a flexible interior layout suitable for a variety of professional office operations. The space can accommodate private offices, collaborative work areas, meeting rooms, and support functions based on tenant requirements.
The second-floor unit features a professional office configuration with natural light and flexibility for administrative, consulting, or client-facing business operations. The layout can support a mix of private and open workspace arrangements.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste Basement | 2,250 SF | Office | - | Now |
| 2nd Floor | 850 SF | Office | - | Now |
1st Fl-Ste Basement
| Size |
| 2,250 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 850 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste Basement
| Size | 2,250 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
The basement unit offers a flexible interior layout suitable for a variety of professional office operations. The space can accommodate private offices, collaborative work areas, meeting rooms, and support functions based on tenant requirements.
2nd Floor
| Size | 850 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
The second-floor unit features a professional office configuration with natural light and flexibility for administrative, consulting, or client-facing business operations. The layout can support a mix of private and open workspace arrangements.
Property Taxes
| Parcel Number | 02-085615 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,663,733 |
Property Taxes
