Add Listing
    For Sale
    • 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

    5908 BURGUNDY Street Capitol Heights, MD 20743

    View on Map
    For Sale
    $79,000

    LAND - CAPITOL HEIGHTS, MD

    Lot size:
    0.09 Acres
    Added:
    Dec 18, 2025
    Days on Market:
    104
    Last Refresh:
    Apr 1 at 4:06 am

    Property Features for 5908 BURGUNDY Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.09 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    1238

    We can help!

    Listing Contact
    Vincent J Payne
    Vincent J Payne

    Listing agent Vincent J Payne License #300238

    Listing office Realty Navigator 1125 West Street unit: 216, Chester, MD

    Listing date Dec 18, 2025

    MLS# MDPG2186370

    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.

    Overview

    Residential Land in Capitol Heights

    Lots 12 & 13 in Tolson Heights are prepared and ready for construction of a home. The property, with a lot size of 0.0918 acres, is conveniently located near the Metro Stop and stores, with quick access to the Capital Beltway. Refer to the documents on file for additional information.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Capitol Heights
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.9048694
    Latitude
    38.8895357

    Nearby Similar for Sale

    • $3,750

      Secured Lot in Capitol Heights

      Fenced, paved lot with trailer near Metro stations.
      5927 CENTRAL Avenue, CAPITOL HEIGHTS, MD 20743
      View Details
    • $475,000

      Capitol Heights Townhome Development Opportunity

      9-unit townhome development opportunity near DC and Metro stations.
      5426 SHERIFF Road, CAPITOL HEIGHTS, MD 20743
      View Details
    • $2,800,000

      Transit District Development Opportunity

      2.71-acre development site near Addison Road-Seat Pleasant Metro.
      CENTRAL Avenue, CAPITOL HEIGHTS, MD 20743
      View Details
    • $45,000

      Capitol Heights Land For Sale

      Flat, mostly clear lot with metal fence in Capitol Heights.
      DRUM Avenue, CAPITOL HEIGHTS, MD 20743
      View Details
    • $110,000

      Permit Ready Land For Sale

      Shovel-ready lot with approved permits for a multi-generational house.
      1426 PACIFIC Avenue, CAPITOL HEIGHTS, MD 20743
      View Details
    • $129,000

      Residential Lot in Capitol Heights

      Vacant lot approved for new residential construction in Capitol Heights.
      5102 DOPPLER Street, CAPITOL HEIGHTS, MD 20743
      View Details
    • $2,800,000

      Land in Capitol Heights, MD

      2.71 acre commercial land for sale in Capitol Heights.
      CENTRAL Avenue, CAPITOL HEIGHTS, MD 20743
      View Details
    • $165,000

      Capitol Heights Vacant Development Lot

      Vacant lot suitable for residential or commercial development.
      4619 SOUTHERN Avenue, CAPITOL HEIGHTS, MD 20743
      View Details
    • $51,240

      Residential Land in Capitol Heights

      0.17-acre parcel near the Maryland/DC border, ideal for new home.
      62ND Avenue, CAPITOL HEIGHTS, MD 20743
      View Details
    • $90,000

      Capitol Heights Raw Land Parcel

      Spacious raw land parcel perfect for development or dream home.
      ROLLINS Avenue, CAPITOL HEIGHTS, MD 20743
      View Details
    • $100,000

      Residential Lot in Capitol Heights

      Residential lot ready to build, close to DC and highways.
      5810 JEFFERSON HEIGHTS Drive, CAPITOL HEIGHTS, MD 20743
      View Details
    • $1,800,000
      6,316 SF

      Versatile Commercial Building in Capitol Heights

      6,316 sq ft building on .34-acre lot near DC.
      116 Ritchie Rd, CAPITOL HEIGHTS, MD 20743
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Lots ready for home construction, convenient location.
    Where is this residential land & home lot located?
    The property is located at 5908 BURGUNDY Street Capitol Heights, MD.
    What is the asking price?
    The asking price for this property is $79,000.
    What are key features of this property?
    This property features: Ready for Home Construction: The lots are prepared and ready for building.; Convenient to Metro Stop: Offers easy access to public transportation.; Close to Stores: Provides convenient access to shopping.
    (410) 924-3182
    We can help!
    Listing Contact
    Vincent J Payne
    Vincent J Payne
    Real Estate License ID: 300238
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!