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Capitol Heights Warehouse For Sale
For Sale
$895,000

232 Westhampton Avenue, Capitol Heights, MD 20743

4,200 SF warehouse/industrial property in Capitol Heights, Maryland.

Property Size4,200 SF
Price / SF$213.10
Days on Market319

Property Features for 232 Westhampton Avenue

General Information

Standard status Active
Size 4,200 SF
Property subtype Industrial

Building Details

Building Size 4,200 SF
Listing Agency: KLNB - Columbia
Listed By: Alan Coppola
Source: Naiglobal
Added: Nov 21, 2025 Changed: Sep 8 Last Checked: Oct 5 at 5:46PM

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 KLNB - Columbia

Investment Insights

Based on property information with market context.

This property is a 4,200 square foot warehouse/industrial property. It is located in Capitol Heights, Maryland.

Key Highlights

  • Sale Price: $895,000

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$80,869
Cap Rate
9.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,617,380 $1.6M
Cap Rate 7%
$1,155,271 $1.2M
Cap Rate 9%
$898,544 $898.5K
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$108.4K $25.80/SF
− Vacancy
−$13.2K −$3.15/SF
EGI
$95.1K $22.65/SF
− OpEx
−$14.3K −$3.40/SF
NOI
$80.9K $19.25/SF
Area
Prince George's County, MD
Vacancy
12.20%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,617,380
Cap Rate 7%
$1,155,271
Cap Rate 9%
$898,544

Alternative Uses

Best Use
Warehouse
$1.16M
$1.01M – $1.35M (±1% cap)
NOI $80,869 @ 7.0% cap · market cap 9.04%
Second Best
Industrial
$951.4K
$832.5K – $1.11M (±1% cap)
NOI $66,598 @ 7.0% cap · market cap 7.44%
Theoretical Best
Specialty Retail
$1.35M
$1.19M – $1.58M (±1% cap)
NOI $94,843 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Warehouses

Location Intelligence

Trade Area within ½ mile

326
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

Market

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
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Frequently Asked Questions

What type of property is this?
Warehouse - 4,200 SF warehouse/industrial property in Capitol Heights, Maryland.
Where is this warehouse located?
The property is located at 232 Westhampton Avenue Capitol Heights, MD.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Sale Price: $895,000
More about this property
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