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$ 1,750,000
Est. payment | /mo
7,841 Sqft Lot
$ 1,750,000
Est. payment | /mo
7,841 Sqft Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Lot Size 7,841 Sqft
MLS Listing ID MDPG2198748
Short Sale No
Originating MLS BRIGHT
Available Date 2026-04-17
Property Description
Positioned along one of Prince George's County's most closely watched revitalization corridors, this fully leased retail asset offers investors immediate cash flow with long-term upside.
The ±3,710 SF property built in 1958 with three spaces is 100% leased, delivering long-term stable income at a 6.6% cap rate. With over 30,000+ vehicles passing daily and no near-term vacancy risk, the asset provides a true “day one” yield—ideal for investors seeking predictable returns in an emerging growth corridor. Having been family-owned for nearly 70 years with no vacancies is considered by some to be a “gold mine”.
The property sits within the Marlboro Pike corridor, where county-backed planning and private-sector initiatives are actively targeting reinvestment, economic growth, and repositioning of the corridor as a more vibrant commercial destination. Recent planning efforts highlight the Pike's capacity for new business development, improved retail environments, and long-term value creation through coordinated public and private investment.
For investors, this translates into a compelling profile:
- In-place income today
- Basis below replacement cost in a transitioning corridor
- Exposure to a multi-year redevelopment initiative backed by local planning authorities-
The ±3,710 SF property built in 1958 with three spaces is 100% leased, delivering long-term stable income at a 6.6% cap rate. With over 30,000+ vehicles passing daily and no near-term vacancy risk, the asset provides a true “day one” yield—ideal for investors seeking predictable returns in an emerging growth corridor. Having been family-owned for nearly 70 years with no vacancies is considered by some to be a “gold mine”.
The property sits within the Marlboro Pike corridor, where county-backed planning and private-sector initiatives are actively targeting reinvestment, economic growth, and repositioning of the corridor as a more vibrant commercial destination. Recent planning efforts highlight the Pike's capacity for new business development, improved retail environments, and long-term value creation through coordinated public and private investment.
For investors, this translates into a compelling profile:
- In-place income today
- Basis below replacement cost in a transitioning corridor
- Exposure to a multi-year redevelopment initiative backed by local planning authorities-
Location
State MD
County Prince Georges
Zoning CGO
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
1-purchase type For Sale
Exterior
Garage Spaces 20
Utilities Available Other
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Parking Type Parking Lot
Total Parking Spaces 20
Building
New Construction N
Sewer Public Sewer
Water Public
Schools
School District Prince George'S County Public Schools
Others
Tax Amount $6,514
Tax Year 2026
Tax ID 17060471755
Ownership Fee Simple
Special Sale Standard
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Listed by Anita John • Engel & Volkers Washington, DC
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