Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4816 Rhode Island Ave Hyattsville, MD 20781

    Sponsored
    For Lease
    $3,304 /Mo ($11 SF/Yr)

    CommercialLease - HYATTSVILLE, MD

    Type:Retail
    Lot size:
    0.08 Acres
    Days on Market:
    31
    Last Refresh:
    Feb 12 at 6:06 pm

    Property Features for 4816 Rhode Island Ave

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking
    10
    Parking features
    Parking Lot
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1932
    Number of units
    1
    Building materials
    Brick

    We can help!

    Listing Contact
    Martha Liriano

    Keller Williams Capital Prop. (202) 243-7700

    Listing agent Joseph Ewing Martin Jr. (202) 243-7700

    Listing date Jan 13, 2026

    MLS# MDPG2140184

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Hyattsville Commercial Space For Lease

    This commercial space in Hyattsville, MD, is ideally configured for a carry-out restaurant. The layout includes a walk-in waiting area, a small kitchen, a back-office space, and a bathroom. Essential infrastructure is in place, such as a grease trap, in-wall and under-slab plumbing, in-wall electrical, and a gas line. The property is situated on a lot of approximately 0.08 acres. Please refer to the attached scope overview for details on the planned Landlord delivery. Note that hood equipment is excluded.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hyattsville Bailbonds Law Firm Maryland Discount Bail ... Law Firm Carlos Auto Repair Auto Repair Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hyattsville
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.94303026
    Latitude
    38.94923927

    Nearby Similar for Lease

    • $7,500 /Mo
      15,682 SF

      Customizable Commercial Space in HYATTSVILLE

      Versatile NNN lease opportunity suitable for various business types.
      7300 Martin Luther King Jr Hwy, Hyattsville, MD 20785
      View Details
    • $3,889 /Mo
      3,485 SF

      Retail Space in Crittenden Crossing

      Retail space in vibrant Hyattsville arts and small business community.
      4814 Rhode Island Ave, Hyattsville, MD 20781
      View Details
    • $6,000 /Mo
      5,663 SF

      Hyattsville Retail/Flex/Industrial Space Available

      Flexible retail, flex, or light industrial space for lease.
      4902 43Rd Ave, Hyattsville, MD 20781
      View Details
    • $14 SF/Yr
      23,001 SF

      Freestanding Warehouse Near Washington DC

      23,001 SF warehouse with convenient access to major routes.
      5720-5726 Lafayette Pl, Hyattsville, MD 20781
      View Details
    • $2,700 /Mo
      1,347 SF

      Freestanding Building in Growing Community

      1,347 SF building near metro and new development.
      3430 Hamilton St, Hyattsville, MD 20782
      View Details
    • Contact for pricing
      144,000 SF

      Landover Retail Suites Available

      Neighborhood shopping center with renovated retail suites in Landover/Largo.
      8511 Landover Rd, Hyattsville, MD 20785
      View Details
    • $6,000 /Mo

      Unique Hyattsville Ballroom Ready For Lease

      Historic ballroom in Hyattsville's SoHy arts district available for lease.
      4207 Gallatin St, Hyattsville, MD 20781
      View Details
    • $3,506 /Mo
      3,920 SF

      Versatile Hyattsville Office/Flex Space

      Adaptable standalone building suitable for office, retail, or entertainment.
      4805 42Nd Pl, Hyattsville, MD 20781
      View Details
    • Contact for pricing
      2,800 SF

      Freestanding Building on Rhode Island

      Freestanding retail building with parking, suitable for various businesses.
      4802 Rhode Island Ave, Hyattsville, MD 20781
      View Details
    • Contact for pricing
      15,149 SF

      Hyattsville Warehouse with Easy Access

      15,149 SF warehouse with convenient access to major routes.
      5601 Lafayette Pl, Hyattsville, MD 20781
      View Details
    • Contact for pricing
      33,115 SF

      Landover Automotive/Retail Opportunity For Rent

      Former Lincoln dealership with showroom, office, and service repair areas.
      7591 Annapolis Rd, Hyattsville, MD 20784
      View Details
    • $3,506 /Mo

      Standalone Office/Flex Space Available

      Versatile space suitable for office, retail, or entertainment.
      4805 42Nd Ave, Hyattsville, MD 20781
      View Details

    FAQs

    What type of property is this?
    Turn key restaurant - Ideally configured for a carry-out restaurant with essential infrastructure.
    Where is this turn key restaurant located?
    The property is located at 4816 Rhode Island Ave Hyattsville, MD.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Ideally configured for a carry-out restaurant.; - Grease trap already in place.; - In-wall and under-slab plumbing is installed.
    (240) 848-5138
    Request Owner's contact information
    4816 Rhode Island Ave Hyattsville, MD 20781
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4816 Rhode Island Ave
    Hyattsville, MD 20781
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4816 Rhode Island Ave Hyattsville, MD 20781
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Martha Liriano
    Real Estate License ID: 591374
    (240) 848-5138 (240) 383-1350 (202) 243-7700
    Learn more
    Google sign-in failed. Please try again or use another login method.