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    5061 Allentown Rd Suitland, MD 20746

    For Sale
    $2,500,000

    Prime location, updated retail space, high visibility.

    Property size:
    4,860 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional retail property, located at 5061 Allentown Road in Suitland, Maryland, presents a unique investment opportunity. Boasting 4,860 square feet of well-maintained space on a 0.71-acre lot, this property benefits from a prime location with excellent visibility and high traffic volume, ensuring strong potential for a variety of retail businesses. The building itself is in excellent condition, having undergone continuous updates to maintain its appeal and functionality. The asking price is $2,500,000. While the current inventory, furniture, and fixtures are not included in the sale price, these assets are available for separate negotiation, offering a potential buyer added flexibility and value. This property's strategic location and attractive features make it an ideal investment for savvy entrepreneurs seeking a thriving retail space in a high-traffic area. The substantial size of the lot also offers potential for future expansion or development, depending on local zoning regulations and approvals. Serious inquiries are encouraged to explore this promising opportunity further. Detailed financial statements and property information are available upon request.

    Property Features for 5061 Allentown Rd

    General Information

    Property type
    Retail properties
    Square Feet
    4,860 SF
    Lot Size
    30,928 SF

    Building Details

    Year Built
    1973
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Scandalous Hair Design Beauty Salon The EyeLash Parlor LLC. Eyelash Salon Shoe Parlor Shoe Store THE DRESSING ROOM Clothing Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Suitland
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.89473
    Latitude
    38.81482

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    FAQs

    What type of property is this?
    Retail property - Prime location, updated retail space, high visibility.
    Where is this retail property located?
    The property is located at 5061 Allentown Rd Suitland, MD.
    What is the asking price?
    The asking price for this property is $2,500,000.
    (301) 702-2200
    Request Owner's contact information
    5061 Allentown Rd Suitland, MD 20746
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    Suitland, MD 20746
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    Realmo Value Estimation

    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.

    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.

    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
    5061 Allentown Rd Suitland, MD 20746
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