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Capitol Heights Industrial Condo Unit

1791 OLIVE St, Capitol Heights, MD 20743

For Lease
$6,400/Mo

Industrial condo unit for lease near DC border.

Space SizeContact for details
Days on Market242

Property Features for 1791 OLIVE St

General Information

Standard status Active
Property subtype Industrial
Lease Term Flexible

Building Details

Year Built 1951
Units 1
Listing Agency: United Real Estate
Listed By: Joseph Luis Guzman Jr.
Source: Elliman
Added: Mar 11 Changed: Aug 15 Last Checked: Aug 14 at 6:03AM

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 United Real Estate

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Investment Insights

Based on property information with market context.

This industrial condo unit offers 4,249 square feet of usable space with a 23-foot ceiling clearance. Located in Capitol Heights, Maryland, near the DC border, it is suitable for investors or owner/users needing space. The property features I-2 zoning for heavy industrial uses and abundant surface parking. It includes a loading dock and a covered loading area. The parking lot has gated security. The unit is ideal for contractors or owner/users needing space conveniently located in Maryland and Washington, DC. An adjacent sister building at 1789 Olive St is also available for lease. Another adjacent unit is leased until 2028. The units are adjacent, but currently demised.

Key Highlights

  • I‑2 Zoning allows for heavy industrial use.
  • Boasts a 23‑foot ceiling clearance.
  • Located in Capitol Heights, Maryland, near the DC border.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Spa & Massage Center Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Capitol Heights, MD

$15.63 /SF/Yr
Avg Asking Price
$4.29–$24.19 /SF/Yr
Price Range
7,695 SF
Avg Space Size

This space is priced 14% above the average of $15.63 /SF/Yr.

Properties on Market for Flex space in Prince George's County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

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 for lease near DC border.
Where is this flex space located?
The property is located at 1791 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 use.; Boasts a **23‑foot ceiling clearance.**; Located in Capitol Heights, Maryland, near the DC border.
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