Mixed-Use Commercial Building
2900 Queens Chapel Road Hyattsville, MD 20782
2900 Queens Chapel Road, Hyattsville, MD, 20782
$999,999
For Sale
$999,999
Commercial building along high-traffic Queens Chapel Road with zoning changes effective April 1, 2022.
Property Size2,500 SF
Price / SF$399
Days on Market53
Property Features for 2900 Queens Chapel Road
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1937
Listing agency
Smart Realty, LLC
(240) 406-6449
Listed by
Yenni Felix
(240) 406-6449
Source
Xome
Added: May 30 Updated: Jul 21 at 1:07AM Checked: Jul 21 at 3:03AM
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 Smart Realty, LLC
Investment Insights
Based on property information with market context.
This commercial building is located along high-traffic Queens Chapel Road in Hyattsville, Maryland. The property includes zoning changes effective April 1, 2022, and the offering notes redevelopment potential, including office, retail, and/or mixed-use possibilities; however, all parties are advised to verify zoning regulations and permitted uses with Prince George’s County.
The remarks indicate the building is walkable to the West Hyattsville Metro and to Prince George’s Plaza Mall and Metro. The seller, their agent, and/or broker do not guarantee the accuracy of zoning information.
For showings, appointments must be approved, and tenants should not be disturbed. All showing requests require texting or calling the owner.
The remarks indicate the building is walkable to the West Hyattsville Metro and to Prince George’s Plaza Mall and Metro. The seller, their agent, and/or broker do not guarantee the accuracy of zoning information.
For showings, appointments must be approved, and tenants should not be disturbed. All showing requests require texting or calling the owner.
Key Highlights
- Commercial building on high‑traffic Queens Chapel Road
- Zoning: CGO; zoning change effective 4/1/22 (seller/agent not guaranteeing zoning info)
- Walk to West Hyattsville Metro and Prince George's Plaza Mall and Metro
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 | $84.9k | $33.96 |
| − Vacancy | −$4.7k | −$1.87 |
| EGI | $80.2k | $32.09 |
| − OpEx | −$24.1k | −$9.63 |
| NOI | $56.2k | $22.46 |
2,500 SF · lease $33.96/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$802.3K
$702.0K – $936.0K
NOI $56,161 @ 7.0% cap · market cap 5.62%
Second Best
Office B
$545.6K
$477.4K – $636.5K
NOI $38,192 @ 7.0% cap · market cap 3.82%
Theoretical Best
Specialty Retail
$806.5K
$705.7K – $940.9K
NOI $56,454 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Commercial building along high-traffic Queens Chapel Road with zoning changes effective April 1, 2022.
Where is this office units located?
The property is located at 2900 Queens Chapel Road Hyattsville, MD.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Commercial building on high‑traffic Queens Chapel Road; Zoning: CGO; zoning change effective 4/1/22 (seller/agent not guaranteeing zoning info); Walk to West Hyattsville Metro and Prince George's Plaza Mall and Metro
