Industrial Condo Unit For
For Lease
$6,400/Mo
1789 OLIVE St, Capitol Heights, MD 20743
Industrial condo unit with 23-foot ceilings available for lease.
Space SizeContact for details
Property Size4,307 SF
Days on Market151
Property Features for 1789 OLIVE St
General Information
Standard status
Active
Size
4,307 SF
Property subtype
Industrial
Lease Term
Flexible
Building Details
Year Built
1951
Units
1
Listing Agency:
PEARSON SMITH REALTY, LLC
(240) 660-7291
Listed By:
Jose L Guzman · License #02252375596
(240) 660-7291
Source:
Elliman
Added: Mar 12
Changed: Aug 8
Last Checked: Aug 8 at 2:18PM
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 PEARSON SMITH REALTY, LLC
Investment Insights
Based on property information with market context.
This industrial condo unit offers 4,307 square feet of usable space with a 23-foot ceiling clearance. Located in Capitol Heights, Maryland, near the DC border, this property is suitable for investors or owner/users needing space conveniently located in Maryland and Washington, DC. The unit features a bay-covered dock and is situated in a location with I-2 zoning for heavy industrial uses. Abundant surface parking is available, and the property includes a loading dock and a covered loading area. The parking lot is secured with a gate. The property is ideal for various business operations, given its zoning and features. An adjacent sister building, with 4,249 square feet, is also available for lease. Another adjacent unit of 3,622 square feet is currently leased until 2028. All three units, totaling 12,178 square feet, are adjacent but currently demised. The unit has the potential for a rental income of $86,140 annually, based on area rental estimates.
Key Highlights
- I‑2 Zoning allows for heavy industrial uses with abundant surface parking.
- Benefit from 23‑foot ceiling clearance.
- Located in Capitol Heights, Maryland, near the DC border, for convenient access to Maryland and Washington, DC.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.67 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
460
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 20743, MD
40,709
Population
16,521
Households
2.5
Avg Household Size
38
Median Age
23%
College-Educated
86%
High-School Grad
9.6 sq mi
ZIP Area
4,241
Density / Sq Mi
$76,332
Median Household Income
$47,762
Median Earnings
$1,614
Median Rent
$317,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- 1st & Fresh Catering — 1327 Kenilworth Avenue Northeast, Washington, DC 20019
- Office Catering LLC — 1795 Olive St, Capitol Heights, MD 20743
Frequently Asked Questions
What type of property is this?
Flex space - Industrial condo unit with 23-foot ceilings available for lease.
Where is this flex space located?
The property is located at 1789 OLIVE St Capitol Heights, MD.
What is the lease rate?
The lease rate is $6,400/Mo.
What are key features of this property?
This property features: I‑2 Zoning allows for heavy industrial uses with abundant surface parking.; Benefit from **23‑foot ceiling clearance.**; Located in Capitol Heights, Maryland, near the DC border, for convenient access to Maryland and Washington, DC.
