Flex Space with Mechanical
New
For Sale
Contact for pricing
3100 Crain Highway, Upper Marlboro, MD 20774
The existing layout combines retail area with inventory space and a mechanical work area.
Property Size7,356 SF
Lot Size1.00 Acre
Price / SF$244.56
Days on Market5
Property Features for 3100 Crain Highway
General Information
Standard status
Active
Size
7,356 SF
Lot size
1.00 Acre
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Buildings
1
Building Size
7,356 SF
Listing Agency:
RE/MAX One
Listed By:
Joe Wustner · License #MD 507038
Source:
Crexi
Added: Sep 23
Changed: Sep 26
Last Checked: Sep 26 at 2:20PM
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 RE/MAX One
Investment Insights
Based on property information with market context.
This flex property contains approximately 7,356+/- square feet arranged across retail space, inventory area, and a mechanical shop. The building sits on a 1-acre parcel, with the existing spaces bringing customer-facing and service functions together under one roof.
The property fronts Crain Highway. The lot may accommodate parking or outdoor storage, subject to zoning and applicable approvals.
The property fronts Crain Highway. The lot may accommodate parking or outdoor storage, subject to zoning and applicable approvals.
Key Highlights
- Approximately 7,356+/- square feet of combined retail, inventory, and mechanical shop space
- 1‑acre parcel with potential for parking or outdoor storage, subject to zoning and applicable approvals
- Frontage along Crain Highway
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$165,249
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.19%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,304,980
$3.3M
Cap Rate 7%
$2,360,700
$2.4M
Cap Rate 9%
$1,836,100
$1.8M
Market Conditions
NOI Build-Up for 7,356 SF
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.
Gross rent
$249.8K $33.96/SF
− Vacancy
−$13.7K −$1.87/SF
EGI
$236.1K $32.09/SF
− OpEx
−$70.8K −$9.63/SF
NOI
$165.2K $22.46/SF
Area
Prince George's County, MD
Vacancy
5.50%
Lease Rate
$33.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,304,980
Cap Rate 7%
$2,360,700
Cap Rate 9%
$1,836,100
Alternative Uses
Best Use
Retail
$2.36M
$2.07M – $2.75M
NOI $165,249 @ 7.0% cap · market cap 9.19%
Second Best
Industrial
$1.67M
$1.46M – $1.94M
NOI $116,642 @ 7.0% cap · market cap 6.48%
Theoretical Best
Specialty Retail
$2.37M
$2.08M – $2.77M
NOI $166,111 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 20774, MD
51,984
Population
21,747
Households
2.4
Avg Household Size
42
Median Age
46%
College-Educated
96%
High-School Grad
34.9 sq mi
ZIP Area
1,490
Density / Sq Mi
$128,392
Median Household Income
$67,098
Median Earnings
$2,213
Median Rent
$439,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - The existing layout combines retail area with inventory space and a mechanical work area.
Where is this flex space located?
The property is located at 3100 Crain Highway Upper Marlboro, MD.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: Approximately 7,356+/- square feet of combined retail, inventory, and mechanical shop space; 1‑acre parcel with potential for parking or outdoor storage, subject to zoning and applicable approvals; Frontage along Crain Highway
