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
    Back to Search

    116 Ritchie Rd Capitol Heights, MD 20743

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,800,000

    6,316 sq ft building on .34-acre lot near Washington DC.

    Lot size:
    0.34 Acres

    Property Features for 116 Ritchie Rd

    General Information

    Lot size
    0.34 Acres

    Building Details

    Year built
    1963

    Source: Keller Williams Realty Agent Joel R Wagner

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

    Overview

    Capitol Heights Industrial Opportunity

    Located at the corner of Central Ave and Ritchie Rd in Capitol Heights, this property presents a business opportunity. The building offers 6,316 sq ft of space on a 0.34-acre lot. The location is near Washington DC and major beltways, benefiting from traffic in the area. The property includes parking and a loading dock. Zoned (IE) Industrial Employment, the space is suited for light industrial development and research.
    Insight Report Location Intelligence

    Current Use by Public Records

    UPS Access Point ... Shipping And Mailing Service Carquest Auto Parts Truck Accessories Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Capitol Heights
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.8609906
    Latitude
    38.8871109

    Nearby Similar for Sale

    • $439,000
      1,732 SF

      Spacious Rambler with Detached Garage

      Three-bedroom rambler with modern kitchen, garage, and fenced lot.
      907 57Th Pl, Capitol Heights, MD 20743
      View Details
    • $350,000
      1,294 SF

      Capitol Heights Home with Updates

      Well-maintained home with three bedrooms and updated features.
      4720 Pistachio Ln, Capitol Heights, MD 20743
      View Details
    • $4,620,000
      42,000 SF

      Capitol Heights Industrial Building For Sale

      42,000 SF industrial building with I-E zoning.
      223 Westhampton Ave, Capitol Heights, MD 20743
      View Details
    • $279,800
      960 SF

      Updated Townhome Near DC Border

      Renovated townhome with new kitchen, HVAC, and convenient location.
      1327 Eastern Ave, Capitol Heights, MD 20743
      View Details
    • $799,000

      Capitol Heights Industrial Condo Portfolio

      Three adjacent industrial condo units near DC border, ideal for investors.
      1793 Olive St, Capitol Heights, MD 20743
      View Details
    • Contact for pricing
      29,369 SF

      Capitol Heights Industrial Space Available

      Industrial space near Washington DC with excellent accessibility.
      9200-9216 Hampton Overlook, Capitol Heights, MD 20743
      View Details

    FAQs

    What type of property is this?
    Industrial property - 6,316 sq ft building on .34-acre lot near Washington DC.
    Where is this industrial property located?
    The property is located at 116 Ritchie Rd Capitol Heights, MD.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: - Prime corner location at Central Ave and Ritchie Rd in Capitol Heights.; - Versatile 6,316 sq ft building on a .34-acre lot.; - (IE) Industrial Employment zoning allows for diverse business uses.
    (301) 908-2686
    Request Owner's contact information
    116 Ritchie Rd Capitol Heights, MD 20743
    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.
    116 Ritchie Rd
    Capitol Heights, MD 20743
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    116 Ritchie Rd Capitol Heights, MD 20743
    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
    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.