Flex Industrial Space with Office
3309-3311 Hubbard Road # 4 & 5, Hyattsville, MD 20785
For Sale
New
Contact for pricing
A balanced office and warehouse configuration includes private rooms, a conditioned warehouse, and two loading options.
Property Size6,240 SF
Price / SF$0.00
Days on Market1
Property Features for 3309-3311 Hubbard Road # 4 & 5
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Lease Term
Warehouse & Industrial
Clear Height
Warehouse Space
Office Build-Out
Dock-High Doors
Drive-In Doors
Conditioned Warehouse
Additional Details
Highway Access
Property Use
Amenities
Carpet,Concrete
Electric
1
Yes
3120
3
15' to 18'
HVAC system (including air-conditioned warehouse),existing office buildout,approximately 12 private offices,lighting fixtures,restrooms,and parking spaces. Loading dock and drive-in bay included.
N
Public
No
Parking Lot
Paved Parking,Private,Lighted Parking
Paved
8
6240.00
9
Building Details
Year Built
Listing Agency:
Berkshire Hathaway HomeServices PenFed Realty
(301) 870-7653
Listed By:
Steeve Simbert · License MD #5018980
(202) 749-2499
Source:
Thetristaterealestategroup
Added: Nov 10
Last Checked: Nov 10 at 2:14PM
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 Berkshire Hathaway HomeServices PenFed Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,240-square-foot flex condominium at Washington Commerce Center divides its space evenly between office and warehouse areas, with 3,120 square feet of each. The office buildout contains approximately 12 private rooms that can be reconfigured. The conditioned warehouse has 18-foot clear ceiling heights, a loading dock, and a drive-in bay. Three restrooms serve the space, which was built in 1988 and is zoned I1.
The property is in a designated HUBZone in Hyattsville, with access to I-495 and Route 50 and proximity to Washington, D.C. The site has paved parking; the source information gives conflicting parking counts, so no count is stated.
The property is in a designated HUBZone in Hyattsville, with access to I-495 and Route 50 and proximity to Washington, D.C. The site has paved parking; the source information gives conflicting parking counts, so no count is stated.
Key Highlights
- 6,240‑square‑foot flex condominium with 3,120 SF of office and 3,120 SF of warehouse
- Approximately 12 private offices or rooms
- Conditioned warehouse with 18‑foot clear ceiling heights
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,431
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,388,620
$1.4M
Cap Rate 7%
$991,871
$991.9K
Cap Rate 9%
$771,456
$771.5K
Market Conditions
NOI Build-Up for 6,240 SF
Gross rent
$112.3K $18.00/SF
− Vacancy
−$5.5K −$0.88/SF
EGI
$106.8K $17.12/SF
− OpEx
−$37.4K −$5.99/SF
NOI
$69.4K $11.13/SF
Area
Prince George's County, MD
Vacancy
4.90%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,388,620
Cap Rate 7%
$991,871
Cap Rate 9%
$771,456
Alternative Uses
Best Use
Warehouse
$1.72M
$1.50M – $2.00M
NOI $120,148 @ 7.0% cap
Second Best
Industrial
$1.41M
$1.24M – $1.65M
NOI $98,946 @ 7.0% cap
Theoretical Best
Specialty Retail
$2.01M
$1.76M – $2.35M
NOI $140,910 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
18 ft
Clear height
1
Dock-high doors
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
499
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 20785, MD
41,636
Population
16,202
Households
2.6
Avg Household Size
35
Median Age
30%
College-Educated
88%
High-School Grad
10.1 sq mi
ZIP Area
4,122
Density / Sq Mi
$83,690
Median Household Income
$45,595
Median Earnings
$1,764
Median Rent
$346,000
Median Home Value
Market
Average Price Trend$/SF for Flex space in Prince George's County, MD
Properties on Market for Flex space in Prince George's County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- How Can I Help? LLC — 7003 kent town dr, hyattsville, md 20785
Frequently Asked Questions
What type of property is this?
Flex space - A balanced office and warehouse configuration includes private rooms, a conditioned warehouse, and two loading options.
Where is this flex space located?
The property is located at 3309-3311 Hubbard Road # 4 & 5 Hyattsville, MD.
What are key features of this property?
This property features: 6,240‑square‑foot flex condominium with 3,120 SF of office and 3,120 SF of warehouse; Approximately 12 private offices or rooms; Conditioned warehouse with 18‑foot clear ceiling heights
