Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6111 Livingston Rd Oxon Hill, MD

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space with high visibility near MGM Casino and Tanger Outlets.

    Type:RETAIL
    Property size:
    29,864 SF
    Lot size:
    11.58 Acres
    Added:
    Mar 14, 2024
    Days on Market:
    778
    Last Refresh:
    Apr 5 at 10:12 pm

    Property Features for 6111 Livingston Rd

    General Information

    Standard status
    Active
    Size
    29,864 SF
    Lot size
    11.58 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 6111 Livingston Rd Contact us

    We can help!

    Listing Contact
    John Kostyo
    John Kostyo

    Listing agent John Kostyo

    Listing office DLC Management Corp - Corporate

    Listing date Mar 14, 2024

    Source Moodyscre

    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 DLC Management Corp - Corporate

    Overview

    Retail Space Near MGM Casino

    This retail property is located at the intersection of Livingston Road and Oxon Hill Road, benefiting from a traffic volume of 54,000 vehicles per day. Situated within a densely populated residential community, the property offers easy access from I-495/95. The location is less than 1 mile from the new MGM Casino and Tanger Outlets. Notable tenants include Marshalls, Family Dollar, Chipotle, and Advance Auto Parts. The property has a total size of 29,864 square feet.
    Location Intelligence

    Current Use by Public Records

    Lidl Grocery & Convenience Store higi Medical Clinic Lidi Grocery & Convenience Store MoneyGram Bank Coinme at Coinstar - Bitcoin ... Bank

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Similar Places Nearby

    • Tanger — 6800 oxon hill rd, oxon hill, md 20745
    • Outlet — 6800 Oxon Hill Rd, Oxon Hill, MD 20745
    • Coinstar Kiosk | Bitcoin ATM — Safeway, 6235 Oxon Hill Rd, Oxon Hill, MD 20745
    • Coin Cloud Bitcoin ATM — 100 Monument Ave #2, National Harbor, MD 20745
    • Coinstar Kiosk - Bitcoin ATM — 6235 Oxon Hill Rd Safeway, Oxon Hill, MD 20745

    Location Insight

    • Map
    • Local Demand
    City
    Oxon Hill
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.992
    Latitude
    38.8052

    Nearby Similar for Lease

    • $24 SF/Yr

      High-Traffic Office Space Available

      Office space in high-traffic area near I-95 & I-295.
      5210 Indian Head Hwy, Oxon Hill, MD 20745
      View Details
    • Contact for pricing

      Oxon Hill Class B Office

      Three-story office building near Capital Beltway and local amenities.
      6178 Oxon Hill Rd, Oxon Hill , MD 20744
      View Details
    • Contact for pricing

      Office Space at National Harbor

      Office space available for rent at National Harbor.
      201 National Harbor Blvd, Oxon Hill, MD 20745
      View Details
    • Contact for pricing

      Dominant Shopping Center Near National Harbor

      Convenient location near National Harbor, MGM Grand, and major routes.
      6127 Oxon Hill Rd, Oxon Hill, MD
      View Details
    • Contact for pricing

      Retail Space in Oxon Hill

      Retail space available in shopping center anchored by Giant Food.
      4901-5135 Indian Head Hwy, Oxon Hill, MD
      View Details
    • Contact for pricing

      Retail Space Near Southern Avenue

      Retail space in mixed-use project near Metro Station.
      1501 Southern Ave SE, Oxon Hill, MD
      View Details
    • Contact for pricing

      Office Space Available For Rent

      Office space for rent at 137 National Plaza.
      137 National Plaza, Suite 300, Oxon Hill, MD 20745
      View Details
    • Contact for pricing

      Retail Space Anchored by Giant

      Retail space available in shopping center anchored by Giant Food.
      5143 Indian Head Hwy, Oxon Hill, MD
      View Details
    • Contact for pricing

      Retail Space Near National Harbor

      Retail space available near MGM National Harbor and Tanger Outlets.
      6009 Oxon Hill Rd, Oxon Hill, MD
      View Details
    • Contact for pricing

      Retail Space Near MGM Casino

      Retail space with high visibility near MGM Casino and outlets.
      6241-6251 Livingston Rd, Oxon Hill, MD
      View Details
    • Contact for pricing

      Retail Space Near MGM Casino

      Retail space with high visibility near MGM Casino and Tanger Outlets.
      6255-6263 Livingston Rd, Oxon Hill, MD
      View Details
    • Contact for pricing

      Medical/Office Building For Lease

      20,000 sqft medical/office building in Prince George’s County.
      5500 Livingston Rd, Oxon Hill, MD 20745
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space with high visibility near MGM Casino and Tanger Outlets.
    Where is this shopping center located?
    The property is located at 6111 Livingston Rd Oxon Hill, MD.
    What are key features of this property?
    This property features: Located less than 1 mile from the new MGM Casino and Tanger Outlets.; Notable tenants include Marshalls, Family Dollar, Chipotle and Advance Auto Parts.; High traffic location at the intersection of Livingston Rd and Oxon Hill Rd with 54,000 VPD.
    (301) 310-1156 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing John Kostyo
    John Kostyo
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!