Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    21 Balmoral Dr E Oxon Hill, MD 20745

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $200,000

    0.6 acre lot in growing Oxon Hill area.

    Lot size:
    0.62 Acres

    Property Features for 21 Balmoral Dr E

    General Information

    Standard status
    Active
    Lot size
    0.62 Acres

    We can help!

    Listing Contact
    Jose D. Mararac, Sr.
    Source: Corcoran

    Listing Agency: MARARAC & ASSOCIATES REALTY, LLC Listing Agent: Jose D. Mararac, Sr.

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

    Learn more

    Overview

    Oxon Hill Land Opportunity

    This 0.6 acre lot is located in the growing Oxon Hill area. Water and sewer hookups are available. The property is near major highways connecting Northern Virginia, Washington DC, and Baltimore, including I-495, 95, 295, and 695. It is also located close to the National Harbor, MGM, Old Towne Alexandria, Reagan National Airport, and Andrews Air Force Base. The property is sold As-Is.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Oxon Hill
    County
    Prince George's
    State
    Maryland
    Longitude
    -77.0072293
    Latitude
    38.7903251

    Nearby Similar for Sale

    • $3,000,000
      10,531 SF

      Oxon Hill Office Building For Sale

      10,531 SF office building with high visibility and amenities.
      1900 John Hanson Ln, Oxon Hill, MD 20745
      View Details
    • $1,900,000
      1,827 SF

      Former Gas Station on Highway

      1,827 SF building on over 1/2 acre lot.
      4900 Indian Head Hwy, Oxon Hill, MD 20745
      View Details
    • $585,000

      Oxon Hill Specialty Property

      Specialty property available for sale in Oxon Hill, Maryland.
      7500 Oxon Hill Rd, Oxon Hill, MD 20745
      View Details
    • $595,000

      Oxon Hill Specialty Property

      Specialty property available for sale in Oxon Hill, Maryland.
      304 Loureiro Ln, Oxon Hill, MD 20745
      View Details
    • $402,000

      Specialty Property for Sale

      Specialty property available for purchase.
      5605 Fargo Ave, Oxon Hill, MD 20745
      View Details
    • $380,000

      Specialty Property for Sale

      Specialty property available for purchase.
      121 N Huron Dr, Oxon Hill, MD 20745
      View Details
    • $299,000

      Oxon Hill Specialty Property

      Specialty property available for sale in Oxon Hill, Maryland.
      5926 Shoshone Dr, Oxon Hill, MD 20745
      View Details
    • $275,000

      Oxon Hill Specialty Property

      Specialty property available for sale in Oxon Hill, Maryland.
      1206 Crisfield Dr, Oxon Hill, MD 20745
      View Details
    • $523,000
      1,352 SF

      Potomac River View Residence

      Redesigned 2-bedroom corner residence with stunning Potomac River views.
      155 Potomac Psge, Oxon Hill, MD 20745
      View Details
    • $235,000
      973 SF

      Top Floor Condo with Balcony

      Well-maintained 2 bed, 2 bath condo with updated kitchen.
      2020 Alice Ave, Oxon Hill, MD 20745
      View Details
    • $129,900
      862 SF

      Oxon Hill Garden Apartment

      Charming 2-bedroom apartment in a vibrant Oxon Hill community.
      507 Wilson Brg Dr #6706, Oxon Hill, MD 20745
      View Details
    • Contact for pricing

      Luxury Waterfront Condo at Harbor

      Stunning 2-bedroom, 2-bath condo with resort-style amenities.
      155 Potomac Psge Psge, Oxon Hill, MD 20745
      View Details

    FAQs

    What type of property is this?
    Commercial land - 0.6 acre lot in growing Oxon Hill area.
    Where is this commercial land located?
    The property is located at 21 Balmoral Dr E Oxon Hill, MD.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: - Premium 0.6 acre lot.; - Water/sewer hook up available.; - Convenient access to major highways (I-495, 95, 295, 695) connecting Northern Virginia, Washington DC, and Baltimore.
    (240) 318-0033
    Request Owner's contact information
    21 Balmoral Dr E Oxon Hill, MD 20745
    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.
    21 Balmoral Dr E
    Oxon Hill, MD 20745
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    21 Balmoral Dr E Oxon Hill, MD 20745
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jose D. Mararac, Sr.
    Real Estate License ID: 35280
    (240) 318-0033 (240) 838-7053 (301) 233-6802
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!