Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    7600 Landover Rd Hyattsville, MD 20785

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,900,000

    Spacious commercial property, formerly a bowling alley and church sanctuary.

    Lot size:
    1.64 Acres

    Property Features for 7600 Landover Rd

    General Information

    Lot size
    1.64 Acres

    Building Details

    Year built
    1962

    We can help!

    Listing Contact
    Tracy Y. Arnold
    Source: Elliman

    Listing Agent: Tracy Y. Arnold

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

    Learn more

    Overview

    Landover Commercial Property for Sale

    Located at 7600 Landover Road in Landover, Maryland, this commercial property presents a spacious open layout suitable for redevelopment or transformation. Formerly a bowling alley and later converted into a church sanctuary, the building is adaptable for various business ventures. The property requires a full renovation, offering a blank canvas for investors, developers, entrepreneurs, or community organizations. Potential uses include a worship center, event venue, community hub, daycare, fitness facility, or retail space. The opportunities for business use are described as endless.
    Location Intelligence

    Current Use by Public Records

    Integrity Church International Church Harvest Church Church

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hyattsville
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.8842321
    Latitude
    38.9277623

    Nearby Similar for Sale

    • Contact for pricing
      15,681 SF

      Hyattsville Industrial Investment Opportunity

      15,681 SF industrial building with in-place income in Hyattsville.
      4601 Emerson St, Hyattsville, MD 20781
      View Details
    • $138,000
      831 SF

      Move-In Ready Condo in Hyattsville

      Updated 2-bedroom condo near transportation, shopping, and dining.
      5458 85Th Ave, Hyattsville, MD 20784
      View Details
    • Contact for pricing
      15,681 SF

      Hyattsville Industrial Investment Opportunity

      15,681 SF industrial building with in-place income and flexible suites.
      4601-4607 Emerson St, Hyattsville, MD 20781
      View Details
    • $149,900

      Updated Condo with Community Amenities

      One-bedroom condo with renovated kitchen and community features.
      9200 Edwards Way, Hyattsville, MD 20783
      View Details
    • $370,000

      Profitable Nail Salon Business Opportunity

      Established nail salon business for sale in Hyattsville's walking district.
      5331 Baltimore Ave, Hyattsville, MD 20781
      View Details
    • $495,000

      Remodeled Duplex with Rental Income

      Remodeled multi-family home with dual living quarters and rental income.
      6626 23Rd Ave, Hyattsville, MD 20782
      View Details
    • $1,550,000

      West Hyattsville Commercial Lot

      0.86 acre commercial lot, ideal for auto service.
      2440 Chillum Rd, Hyattsville, MD 20782
      View Details
    • $170,000
      852 SF

      Hyattsville Condo with Spacious Layout

      Freshly painted 2-bedroom condo, ideal for investors or homebuyers.
      3450 Toledo Ter, Hyattsville, MD 20782
      View Details
    • $429,500
      1,446 SF

      Remodeled Home with Upgrades

      Remodeled 4 bed, 3 bath home near Washington DC.
      5003 37Th Ave, Hyattsville, MD 20782
      View Details
    • $299,000
      1,094 SF

      Move-in Ready Condo with Amenities

      Spacious 2BR/2BA condo with modern upgrades and community amenities.
      6506 America Blvd, Hyattsville, MD 20782
      View Details
    • $159,900

      Renovated Condo in Convenient Location

      Move-in ready 2BR/1BA condo with modern updates and convenient location.
      7402 18Th Ave, Hyattsville, MD 20783
      View Details
    • $2,550,000
      27,560 SF

      Hyattsville Warehouse For Sale

      27,560 SF warehouse/industrial property available in Hyattsville, MD.
      5328 46Th Ave, Hyattsville, MD 20781
      View Details

    FAQs

    What type of property is this?
    Church & religious facility - Spacious commercial property, formerly a bowling alley and church sanctuary.
    Where is this church & religious facility located?
    The property is located at 7600 Landover Rd Hyattsville, MD.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: - Expansive open layout suitable for redevelopment.; - Adaptable space for various business ventures.; - Blank canvas for full renovation, allowing for customized design.
    (202) 431-9811
    Request Owner's contact information
    7600 Landover Rd Hyattsville, MD 20785
    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.
    7600 Landover Rd
    Hyattsville, MD 20785
    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
    7600 Landover Rd Hyattsville, MD 20785
    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
    Tracy Y. Arnold
    Real Estate License ID: 670127
    (202) 431-9811
    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.