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Residential Home Lot
For Sale
Under Contract
$480,000

1111 KINGS HEATHER Drive, Bowie, MD 20721

Residential, BOWIE, MD

Property Size2,176 SF
Lot Size0.05 Acres
Price / SF$220.59
Days on Market98

Property Features for 1111 KINGS HEATHER Drive

General Information

Property type Land
Property subtype Other
Rooms Dining Room, Family Room, Basement
Parking 4
Parking features Driveway, Garage - Attached
Interior features Bathroom - Soaking Tub, Bathroom - Walk-In Shower, Carpet, Dining Area, Family Room Off Kitchen, Kitchen - Island, Pantry, Primary Bath(s)
Appliances Disposal, Dryer, Freezer, Refrigerator, Stainless Steel Appliances, Stove, Washer
Subdivision KETTERING
Elementary school district PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Middle school district PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
High school district PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Standard status Active Under Contract
Size 2,176 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 6685

Utilities

Heating system Electric (Heating), Baseboard

Building Details

Year built 1991
Floors in Building 3
Building materials Frame
Architectural style Other
Listing Agency: Keller Williams Preferred Properties · Keller Williams Realty
Listed By: Amanda M Watson · License #5019800
Added: Jun 30 Changed: Sep 16 Last Checked: Oct 5 at 11:06PM
MLS# MDPG2209270

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.

Investment Insights

Based on property information with market context.

Residential home lot with an attached single-family house built in 1991. The home includes four bedrooms and two and a half baths, with a main level that features a bright living area, formal dining space, and a kitchen with ample cabinetry and room for casual dining. A family room supports everyday living and entertaining, while the upper level offers a generous primary suite with a private bath plus three additional bedrooms for flexible use. Outdoor space is provided by a backyard suitable for gatherings, gardening, or quiet evenings.

The property is located near shopping, dining, commuter routes, and local amenities, offering convenience for daily needs and travel.

With approximately 2,176 square feet of living space, this configuration supports a traditional single-family layout within a compact lot setting.

Key Highlights

  • 4‑bedroom, 2.5‑bath single‑family home built in 1991
  • Kitchen features an island and pantry, with stainless steel appliances included
  • Primary suite includes a private primary bath

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,295
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$585,900 $585.9K
Cap Rate 7%
$418,500 $418.5K
Cap Rate 9%
$325,500 $325.5K
Market Conditions
NOI Build-Up for 2,176 SF
Gross rent
$56.7K $26.04/SF
− Vacancy
−$3.4K −$1.56/SF
EGI
$53.3K $24.48/SF
− OpEx
−$24.0K −$11.01/SF
NOI
$29.3K $13.46/SF
Area
Prince George's County, MD
Vacancy
6.00%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$585,900
Cap Rate 7%
$418,500
Cap Rate 9%
$325,500

Alternative Uses

Best Use
Apartment 5plus
$418.5K
$366.2K – $488.3K (±1% cap)
NOI $29,295 @ 7.0% cap · market cap 6.10%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$702.0K
$614.2K – $819.0K (±1% cap)
NOI $49,138 @ 7.0% cap · market cap 10.24%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Single family properties

Suggested Use

Top Pick Law Firm Building Supply Parking Lot & Garage Hair Salon Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

410
Businesses Nearby

Demographics for 20721, MD

29,847
Population
11,284
Households
2.6
Avg Household Size
45
Median Age
59%
College-Educated
97%
High-School Grad
16.8 sq mi
ZIP Area
1,777
Density / Sq Mi
$167,689
Median Household Income
$80,249
Median Earnings
$2,394
Median Rent
$561,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Single family property - Residential home site featuring a 1991-built 4-bedroom, 2.5-bath single-family home with a backyard.
Where is this single family property located?
The property is located at 1111 KINGS HEATHER Drive Bowie, MD.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: 4‑bedroom, 2.5‑bath single‑family home built in 1991; Kitchen features an island and pantry, with stainless steel appliances included; Primary suite includes a private primary bath
More about this property
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