Standalone Live-Work
New
For Sale
$425,000
17400 LIVINGSTON ROAD, Accokeek, MD 20607
Brick commercial structure with CS zoning and grandfathered residential permissions.
Property Size1,414 SF
Lot Size0.54 Acres
Price / SF$300.57
Days on Market4
Property Features for 17400 LIVINGSTON ROAD
General Information
Standard status
Active
Size
1,414 SF
Lot size
0.54 Acres
Property subtype
Commercial
Zoning
CS (Commercial Service)
Land
Usable Acres
0.54 Acres
Topography
flat
Land Use
commercial, residential
Additional Details
Road Access
Yes
Building Details
Year Built
1962
Buildings
1
Construction
brick
Listing Agency:
Own Real Estate
(240) 615-8395
Listed By:
Dawn N Ambrose · License #675906
(202) 277-4765
Source:
Cummingsrealtors
Added: Aug 30
Changed: Sep 1
Last Checked: Sep 1 at 10:53PM
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 Own Real Estate
Investment Insights
Based on property information with market context.
This standalone live-work property includes a 1,414-square-foot brick structure built in 1962 on a 0.54-acre parcel. The interior configuration can be adapted, providing flexibility for combined business and residential use. Grandfathered residential permissions support an on-site live-work arrangement within the property's CS (Commercial Service) zoning.
Located at 17400 Livingston Road in Accokeek, Maryland, the property offers road frontage for signage and convenient access for clients and logistics. The flat site contains 23,478 square feet and provides a dedicated setting for a small business operation with the ability to occupy the premises.
Located at 17400 Livingston Road in Accokeek, Maryland, the property offers road frontage for signage and convenient access for clients and logistics. The flat site contains 23,478 square feet and provides a dedicated setting for a small business operation with the ability to occupy the premises.
Key Highlights
- 1,414‑square‑foot standalone brick structure built in 1962
- 0.54‑acre flat parcel totaling 23,478 square feet
- CS (Commercial Service) zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,601
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$432,020
$432.0K
Cap Rate 7%
$308,586
$308.6K
Cap Rate 9%
$240,011
$240.0K
Market Conditions
NOI Build-Up for 1,414 SF
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.
Gross rent
$34.8K $24.60/SF
− Vacancy
−$6.0K −$4.23/SF
EGI
$28.8K $20.37/SF
− OpEx
−$7.2K −$5.09/SF
NOI
$21.6K $15.28/SF
Area
Prince George's County, MD
Vacancy
17.20%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$432,020
Cap Rate 7%
$308,586
Cap Rate 9%
$240,011
Alternative Uses
Best Use
Office B
$308.6K
$270.0K – $360.0K
NOI $21,601 @ 7.0% cap · market cap 5.08%
Second Best
Mixed Use
$254.7K
$222.8K – $297.1K
NOI $17,827 @ 7.0% cap · market cap 4.19%
Theoretical Best
Specialty Retail
$456.2K
$399.1K – $532.2K
NOI $31,931 @ 7.0% cap · market cap 7.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
47
Businesses Nearby
Explore this area
Business Placement
Demographics for 20607, MD
12,762
Population
4,264
Households
3
Avg Household Size
43
Median Age
44%
College-Educated
95%
High-School Grad
19.6 sq mi
ZIP Area
651
Density / Sq Mi
$147,647
Median Household Income
$67,582
Median Earnings
$3,066
Median Rent
$522,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - Brick commercial structure with CS zoning and grandfathered residential permissions.
Where is this live-work space located?
The property is located at 17400 LIVINGSTON ROAD Accokeek, MD.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1,414‑square‑foot standalone brick structure built in 1962; 0.54‑acre flat parcel totaling 23,478 square feet; CS (Commercial Service) zoning
