Capitol Heights Warehouse For
232 Westhampton Avenue Capitol Heights, MD 20743
For Sale
$895,000
4,200 SF warehouse/industrial property in Capitol Heights, Maryland.
Property Size4,200 SF
Price / SF$213.10
Days on Market251
Property Features for 232 Westhampton Avenue
General Information
Standard status
Active
Size
4,200 SF
Property subtype
Industrial
Listing Agency:
KLNB - Columbia
(443) 574-1404
Listed By:
Alan Coppola
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Jul 6
Last Checked: Jul 29 at 6:14AM
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 KLNB - Columbia
Investment Insights
Based on property information with market context.
This property is a 4,200 square foot warehouse/industrial property. It is located in Capitol Heights, Maryland.
Key Highlights
- Sale Price: $895,000
Financial Insights For Warehouse
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 | $108.4k | $25.80 |
| − Vacancy | −$13.2k | −$3.15 |
| EGI | $95.1k | $22.65 |
| − OpEx | −$14.3k | −$3.40 |
| NOI | $80.9k | $19.25 |
4,200 SF · lease $25.80/SF/yr · vacancy 12.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.16M
$1.01M – $1.35M
NOI $80,869 @ 7.0% cap · market cap 9.04%
Second Best
Industrial
$951.4K
$832.5K – $1.11M
NOI $66,598 @ 7.0% cap · market cap 7.44%
Theoretical Best
Specialty Retail
$1.35M
$1.19M – $1.58M
NOI $94,843 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Warehouse - 4,200 SF warehouse/industrial property in Capitol Heights, Maryland.
Where is this warehouse located?
The property is located at 232 Westhampton Avenue Capitol Heights, MD.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Sale Price: $895,000
