Free-Standing Storefront
3210 Rhode Island Ave, Mount Rainier, MD 20712
For Sale
Contact for pricing
Two-level freestanding building with street-level and second-floor space plus bonus garage level with roll-up door.
Property Size8,000 SF
Lot Size0.61 Acres
Price / SF$300
Days on Market1466
Property Features for 3210 Rhode Island Ave
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Site & Location
Pylon Signage
Traffic Count
Building Details
Buildings
Stories
Listing Agency:
KLNB - Washington, D.C.
(202) 375-7500
Listed By:
Matt Skalet
(202) 420-7775
Source:
Moodyscre
Added: Nov 4, 2022
Changed: Nov 7
Last Checked: Nov 8 at 7:43AM
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 - Washington, D.C.
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Investment Insights
Based on property information with market context.
Freestanding storefront retail building with approximately 8,000 square feet on two levels. The layout includes 4,000 SF on the street level and 4,000 SF on the second level, plus bonus garage level space with an existing roll-up door.
The property sits on a 26,441 square foot parcel with approximately 40 parking spaces. Located on Rhode Island Avenue, it features strong building visibility and a free-standing pylon sign along the corridor carrying approximately 20,072 ADT.
This is a straightforward option for an operator or tenant seeking a single, freestanding footprint with both primary interior space and additional garage-level storage or workflow potential supported by a roll-up door.
The property sits on a 26,441 square foot parcel with approximately 40 parking spaces. Located on Rhode Island Avenue, it features strong building visibility and a free-standing pylon sign along the corridor carrying approximately 20,072 ADT.
This is a straightforward option for an operator or tenant seeking a single, freestanding footprint with both primary interior space and additional garage-level storage or workflow potential supported by a roll-up door.
Key Highlights
- Two‑level building with 4,000 SF street level and 4,000 SF second level
- Bonus garage level space with existing roll‑up door
- Approximately 40 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$179,716
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,594,320
$3.6M
Cap Rate 7%
$2,567,371
$2.6M
Cap Rate 9%
$1,996,844
$2.0M
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$271.7K $33.96/SF
− Vacancy
−$14.9K −$1.87/SF
EGI
$256.7K $32.09/SF
− OpEx
−$77.0K −$9.63/SF
NOI
$179.7K $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 Rate 5%
$3,594,320
Cap Rate 7%
$2,567,371
Cap Rate 9%
$1,996,844
Alternative Uses
Best Use
Retail
$2.57M
$2.25M – $3.00M
NOI $179,716 @ 7.0% cap · market cap 7.49%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.58M
$2.26M – $3.01M
NOI $180,654 @ 7.0% cap · market cap 7.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
20,072 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,046
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 55%
Dining 45%
Popeyes Louisiana Kitchen
Dining
8,662 visits/mo
0.5 miles
Shell
Shops & Services
4,394 visits/mo
0.1 miles
Exxon
Shops & Services
4,227 visits/mo
0.5 miles
Extra Space Storage
Shops & Services
1,932 visits/mo
0.4 miles
Demographics for 20712, MD
9,526
Population
4,271
Households
2.2
Avg Household Size
35
Median Age
34%
College-Educated
83%
High-School Grad
0.7 sq mi
ZIP Area
13,609
Density / Sq Mi
$68,452
Median Household Income
$42,881
Median Earnings
$1,442
Median Rent
$531,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Prince George's County, MD
Properties on Market for Storefront properties in Prince George's County
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Petals To The Metal Florist LLC — 2316 Rhode Island Ave NE, Washington, DC 20018
Frequently Asked Questions
What type of property is this?
Storefront property - Two-level freestanding building with street-level and second-floor space plus bonus garage level with roll-up door.
Where is this storefront property located?
The property is located at 3210 Rhode Island Ave Mount Rainier, MD.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Two‑level building with 4,000 SF street level and 4,000 SF second level; Bonus garage level space with existing roll‑up door; Approximately 40 parking spaces
