2000 Spaulding Avenue Unit D, Suitland, MD 20746
Three renovated condo suites are available off Pennsylvania Avenue, with units D and E combined and sold with an existing tenant.
- Added:
- Jun 27, 2026
- Days on Market:
- 10
- Last Refresh:
- Jul 5 at 2:22 am
Property Features for 2000 Spaulding Avenue Unit D
General Information
- Standard status
- Active
- Size
- 736 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1985
Listing office Long & Foster Real Estate, Inc. (202) 351-8232
Listing date Jun 27, 2026
Source Xome
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HighLights
- Three renovated commercial condo suites (A, D, E) off Pennsylvania Avenue
- Units D and E are combined and must be sold together with an existing tenant (listed at $230k)
- Seller prefers to sell all three units (A, D, E) together for $300k
- Central air cooling; heating listed as “3”
- Zoning: CSC; no parking reported
Overview
The suites are located just off Pennsylvania Avenue at 2000 Spaulding Avenue, Suitland, MD 20746. The public remarks note Suitland’s active business environment with federal offices and nearby new development, and the property is described as being close to the metro.
The seller’s preference is to sell all three suites together. The combined D and E space, due to the existing tenant, must be sold as a package for $230,000. The seller will offer all three units together for $300,000. For buyers seeking an owner-occupied or small-business-compatible configuration with multiple suites in one transaction, this structure provides a straightforward path to acquire renovated space in a single consolidated purchase.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.0k | $33.96 |
| − Vacancy | −$1.4k | −$1.87 |
| EGI | $23.6k | $32.09 |
| − OpEx | −$7.1k | −$9.63 |
| NOI | $16.5k | $22.46 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Suitland
- County
- Prince George's
- State
- Maryland
- Longitude
- -76.9244414
- Latitude
- 38.8637337