Bowie Retail Investment
15704 Mount Oak Road Bowie, MD 20716
15704 Mount Oak Road, Bowie, MD, 20716
$3,750,000
For Sale
$3,750,000
Freestanding retail property in Bowie, MD with established tenants.
Property Size8,533 SF
Price / SF$439.47
Days on Market242
Property Features for 15704 Mount Oak Road
General Information
- Standard status
- Active
- Size
- 8,533 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1985
Listing agency
NAI Michael
(301) 597-9504
Listed by
Marcus N. Daniels · License #660771
(301) 597-9504
Source
Naiglobal
Added: Nov 21, 2025 Updated: Jul 6 at 8:59AM Checked: Jul 21 at 3:41AM
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 NAI Michael
Investment Insights
Based on property information with market context.
The property at 15704 Mt Oak Rd in Bowie, MD 20716 is an 8,533 square foot one-story free-standing retail investment property. Built in 1985, the building is situated in a commercial area, offering visibility. The property has tenants and provides immediate income. The shopping center is located in the Mt Oak corridor. The property is located in Bowie, Maryland, within Prince George’s County, outside the Washington, D.C. metropolitan area, providing access to a consumer base. It has proximity to major transportation arteries such as Route 50, serving as a hub for regional commerce. The land size is 0.82 acres, which is 35,791 square feet. The building FAR is 0.24. Zoning is C-G-O (Commercial General Office). There are 45 surface parking spaces, with a parking ratio of 5.06 per 1,000 square feet. Tenants include 7-Eleven, Mount Oak Dry Cleaners, Hunan Gardens, M & B Holistic Hair Care, and Tight N Up. The tenants have been in place for over 20 years. The total annualized rent is $283,000, and the net operating income is $189,277.
Key Highlights
- Stable income‑producing property with a Net Operating Income (NOI) of $189,277.
- High occupancy with well‑established tenants, some in place for over 20 years, providing immediate income.
- Prime location in Bowie, MD, a thriving suburban area with high visibility and access to a diverse consumer base.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $289.8k | $33.96 |
| − Vacancy | −$32.9k | −$3.85 |
| EGI | $256.9k | $30.11 |
| − OpEx | −$64.2k | −$7.53 |
| NOI | $192.7k | $22.58 |
8,533 SF · lease $33.96/SF/yr · vacancy 11.34% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.75M
$2.41M – $3.21M
NOI $192,690 @ 7.0% cap · market cap 5.14%
Second Best
Retail
$2.74M
$2.40M – $3.19M
NOI $191,690 @ 7.0% cap · market cap 5.11%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Strip malls
Similar For Sale Nearby
FAQs
What type of property is this?
Strip mall - Freestanding retail property in Bowie, MD with established tenants.
Where is this strip mall located?
The property is located at 15704 Mount Oak Road Bowie, MD.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Stable income‑producing property with a Net Operating Income (NOI) of $189,277.; High occupancy with well‑established tenants, some in place for over 20 years, providing immediate income.; Prime location in Bowie, MD, a thriving suburban area with high visibility and access to a diverse consumer base.
