Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    15193-15207 Marlboro Pike Upper Marlboro, MD 20772

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail/Office and Industrial building with parking or outdoor storage.

    Property size:
    45,796 SF
    Lot size:
    5.65 Acres

    Property Features for 15193-15207 Marlboro Pike

    General Information

    Size
    45,796 SF
    Lot size
    5.65 Acres

    We can help!

    Listing Contact
    Ross Conn
    Ross Conn
    Source: Moodyscre

    Listing Agent: Ross Conn

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Industrial Building on 6.5 Acres

    This retail, office, and industrial building is situated on 6.5 acres of land, offering 4 acres of parking or outdoor storage. The property provides convenient access to Washington, D.C. via Pennsylvania Avenue. Site improvements are currently underway. Its location allows for easy access to I-95 to the East and Route 50 to the north. The building has a total area of 45796 square feet.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Law Firm Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Upper Marlboro
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.7419958
    Latitude
    38.8222145

    Nearby Similar for Lease

    • $1,750 /Mo
      2,178 SF

      Updated Office Space Available

      Updated office space with reception, offices, conference room, breakroom.
      14414 Old Mill Rd, Upper Marlboro, MD 20772
      View Details
    • $1,000 /Mo
      194,713 SF

      Professional Office Suites For Lease

      Upscale office suites in modern building, ideal for professionals.
      1401 Mercantile Ln, Upper Marlboro, MD 20774
      View Details
    • Contact for pricing
      161,789 SF

      Upper Marlboro Warehouse Sublease Opportunity

      77,285 SF Class A warehouse space for sublease.
      8420 Westphalia Rd, Upper Marlboro, MD 20774
      View Details
    • Contact for pricing
      43,222 SF

      Renovated Office Building Near Metro

      Newly renovated office suites with medical availabilities and ample parking.
      9440 Marlboro Pike, Upper Marlboro, MD 20772
      View Details
    • Contact for pricing
      301,392 SF

      New Logistics Space Available

      Class A logistics campus near Washington DC and Baltimore.
      Us-301 & Leeland Rd, Upper Marlboro, MD
      View Details
    • $3,000 /Mo

      Professional Office Space For Lease

      Lower-level office space ideal for small businesses and professional use.
      6600 Croom Station Rd, Upper Marlboro, MD 20772
      View Details
    • Contact for pricing
      111,403 SF

      Watkins Park Plaza Retail Space

      Upper Marlboro retail center, 3 suites available.
      50 Watkins Park Dr, Upper Marlboro, MD 20774
      View Details
    • Contact for pricing

      Marlboro Pike Industrial Warehouse

      14 sq ft Warehouse, MD, I-95 Access
      0 Marlboro Pike, Upper Marlboro, MD 20772
      View Details
    • Contact for pricing
      20,640 SF

      Warehouse Space Available For Lease

      20,640 SF warehouse space available June 1, 2025.
      15850 Commerce Ct, Upper Marlboro, MD 20774
      View Details
    • Contact for pricing
      111,403 SF

      Watkins Park Plaza Executive Suite

      Prime Executive Office Space Available
      50 Watkins Park Dr, Upper Marlboro, MD 20774
      View Details
    • Contact for pricing
      3,400 SF

      Upper Marlboro Office Space Available

      Office park with multiple suites available for lease.
      551-579 Commerce Dr, Upper Marlboro, MD 20774
      View Details
    • Contact for pricing
      40,000 SF

      Upper Marlboro Warehouse/Flex Space

      Multiple suites available in a four-building park.
      651-687 Commerce Dr, Upper Marlboro, MD 20774
      View Details

    FAQs

    What type of property is this?
    Industrial property - Retail/Office and Industrial building with parking or outdoor storage.
    Where is this industrial property located?
    The property is located at 15193-15207 Marlboro Pike Upper Marlboro, MD.
    What are key features of this property?
    This property features: - 6.5 acres of land with **4 acres of parking or outdoor storage**; - Retail/Office and Industrial building; - Easy access to DC via Pennsylvania Ave.
    (410) 342-5263
    Request Owner's contact information
    15193-15207 Marlboro Pike Upper Marlboro, MD 20772
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    15193-15207 Marlboro Pike
    Upper Marlboro, MD 20772
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    15193-15207 Marlboro Pike Upper Marlboro, MD 20772
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ross Conn
    Ross Conn
    (410) 342-5263
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.