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Capitol Heights Industrial Condo Portfolio
For Sale
$799,000

1793 Olive St, Capitol Heights, MD 20743

Three adjacent industrial condo units near DC border, ideal for investors.

Property SizeContact for details
Days on Market484

Property Features for 1793 Olive St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $5,885

Building Details

Year Built 1951
Listing Agency: UNITED REAL ESTATE
Listed By: JOSE L GUZMAN · License #671479
Source: Corcoran
Added: May 4, 2025 Changed: Mar 16 Last Checked: Aug 29 at 8:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of UNITED REAL ESTATE

Investment Insights

Based on property information with market context.

This is a unique opportunity to purchase a portfolio of three adjacent small bay covered dock industrial condo units for sale in Capitol Heights, Maryland, near the DC border. The industrial condos are suitable for investors looking to capitalize on rising industrial lease rates and shrinking industrial inventory, or for a contractor or owner/user needing space conveniently located in Maryland and Washington, DC. The property features I-2 zoning for heavy industrial uses with abundant surface parking. There are 3 loading docks, one per unit, a covered loading area, and a 23-foot ceiling height. The parking lot has gated security. The total area of the three units is 12,178 square feet. Unit 1789 has 4,307 square feet, Unit 1791 has 4,249 square feet, and Unit 1793 has 3,622 square feet. The units are adjacent but currently demised. There is sale lease-back potential for units 1789 and 1791. Unit 1793 has a NNN lease in place until 2028.

Key Highlights

  • Portfolio of three adjacent industrial condo units totaling 12,178± SF.
  • Rare I‑2 zoning for heavy industrial uses.
  • Convenient location near the DC border in Capitol Heights, Maryland.

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Hair Salon Spa & Massage Center

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

460
Businesses Nearby
Balanced
Demand for This Use

Demographics for 20743, MD

40,709
Population
16,521
Households
2.5
Avg Household Size
38
Median Age
23%
College-Educated
86%
High-School Grad
9.6 sq mi
ZIP Area
4,241
Density / Sq Mi
$76,332
Median Household Income
$47,762
Median Earnings
$1,614
Median Rent
$317,100
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Three adjacent industrial condo units near DC border, ideal for investors.
Where is this warehouse located?
The property is located at 1793 Olive St Capitol Heights, MD.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Portfolio of three adjacent industrial condo units totaling 12,178± SF.; Rare I‑2 zoning for heavy industrial uses.; Convenient location near the DC border in Capitol Heights, Maryland.
More about this property
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