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

    232 Westhampton Avenue Capitol Heights, MD 20743

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $895,000

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

    Type:Industrial
    Property size:
    4,200 SF
    Added:
    Nov 21, 2025
    Days on Market:
    131
    Last Refresh:
    Mar 29 at 11:10 pm

    Property Features for 232 Westhampton Avenue

    General Information

    Standard status
    Active
    Size
    4,200 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Alan Coppola

    Listing agent Alan Coppola

    Listing office

    Listing date Nov 21, 2025

    Source Naiglobal

    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 Alan Coppola

    Overview

    Capitol Heights Warehouse For Sale

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

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Daycare Center Skin Care Clinic Gym & Fitness Center

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

    Similar Places Nearby

    • Public Storage — 7700 Central Ave, Landover, MD 20785
    • Public Storage — 8701 Central Ave, Capitol Heights, MD 20743
    • Self-Storage at U-Haul — 8671 Central Ave, Capitol Heights, MD 20743
    • Hampton Distribution Center — Maryland 20743
    • Public Storage — 800 Ritchie Rd, Capitol Heights, MD 20743

    Location Insight

    • Map
    • Local Demand
    City
    Capitol Heights
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.8965
    Latitude
    38.8854

    Nearby Similar for Sale

    • $1,800,000
      6,316 SF

      Versatile Commercial Building in Capitol Heights

      6,316 sq ft building on .34-acre lot near DC.
      116 Ritchie Rd, CAPITOL HEIGHTS, MD 20743
      View Details
    • $2,300,000
      13,455 SF

      Multi-Tenant Industrial Asset For Sale

      13,455 SF multi-tenant industrial asset on 1.02 acres.
      6118 Central Ave, Capitol Heights, MD
      View Details
    • Contact for pricing
      11,896 SF

      Capitol Heights Commercial Property

      Commercial property available for sale in Capitol Heights, Maryland.
      236 West Hampton Avenue, Capitol Heights, MD, 20743
      View Details
    • $799,000

      Capitol Heights Industrial Condo Portfolio

      Three adjacent industrial condo units near DC border, ideal for investors.
      1793 Olive St, CAPITOL HEIGHTS, MD 20743
      View Details
    • $4,620,000
      42,000 SF

      Capitol Heights Industrial Building For Sale

      42,000 SF industrial building with I-E zoning.
      223 Westhampton Avenue, Capitol Heights, MD 20743
      View Details
    • Contact for pricing
      231,800 SF

      196-Unit Multifamily Community in Maryland

      Recently renovated 196-unit multifamily community near Washington, DC.
      1201 Benning Rd, Capitol Heights, MD 20743
      View Details

    FAQs

    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
    (443) 574-1404
    We can help!
    Listing Contact
    Alan Coppola
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!