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    Industrial Condo with Drive-In Door Title is generated by Realmo AI

    3941 Penn Belt Place, Forestville, MD 20747

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    For Sale
    $1,500,000

    Industrial condo offering drive-in access, 18-foot clear height, and functional office/reception space for an owner-operator.

    Type:Industrial
    Property size:
    6,044 SF
    Price / SF:
    $248/SF
    Added:
    Jun 22, 2026
    Days on Market:
    12
    Last Refresh:
    Jun 24 at 4:34 am

    Property Features for 3941 Penn Belt Place

    General Information

    Standard status
    Active
    Size
    6,044 SF
    Property subtype
    Industrial

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    Bryan Herr
    Bryan Herr

    Listing office MacKenzie Commercial Real Estate | Baltimore

    Listing date Jun 22, 2026

    Source Mackenziecommercial

    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 MacKenzie Commercial Real Estate | Baltimore

    HighLights

    • 6,044 SF industrial space for sale in Forestville, MD
    • Oversized drive‑in door with 18' clear height
    • 480V power
    • Includes a functional office/reception area
    • Zoned IE (Industrial Employment)
    • Convenient access to Route 4, I‑495, and the Washington, DC metro region; adjacent to Joint Base Andrews

    Overview

    3941 Penn Belt Place is an industrial condo for sale offering approximately 6,044 SF of functional warehouse space. The facility includes an oversized drive-in door and 18-foot clear height, supported by 480V power. A functional office/reception area is included, along with parking and IOS.

    The property is located in Forestville, Maryland and is immediately adjacent to Joint Base Andrews. Access is described as convenient to Route 4, I-495, and the broader Washington, DC metro region.

    With its combination of warehouse clearance, drive-in functionality, and on-site office/reception space, the property is well suited for industrial users seeking a practical, well-configured facility in an IE (Industrial Employment) zoned setting. The included parking and established industrial improvements make it a straightforward fit for an owner-user looking for a facility that supports both operations and customer-facing needs.

    Local Financial Insights For Warehouse

    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 $155.9k $25.80
    − Vacancy −$19.0k −$3.15
    EGI $136.9k $22.65
    − OpEx −$20.5k −$3.40
    NOI $116.4k $19.25
    6,044 SF · lease $25.80/SF/yr · vacancy 12.20% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $1.66M
    $1.45M – $1.94M (±1% cap)
    NOI $116,374 @ 7.0% cap · market cap 7.76%
    Second Best
    Industrial
    $1.37M
    $1.20M – $1.60M (±1% cap)
    NOI $95,838 @ 7.0% cap · market cap 6.39%
    Theoretical Best
    Specialty Retail
    $1.95M
    $1.71M – $2.27M (±1% cap)
    NOI $136,484 @ 7.0% cap · market cap 9.10%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    All The Right Men Life Coach

    Suggested Use

    Real Estate Agency Law Firm Pharmacy Bar & Pub Hotel & Motel Skin Care Clinic Discount Store Parking Lot & Garage Veterinary Clinic Dental Office

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

    Similar Places Nearby

    • Age LLC Catering Services — 7123 Donnell Pl, Forestville, MD 20747

    Location Insight

    • Map
    • Local Demand
    City
    Forestville
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.8733388
    Latitude
    38.8349257

    FAQs

    What type of property is this?
    Flex space - Industrial condo offering drive-in access, 18-foot clear height, and functional office/reception space for an owner-operator.
    Where is this flex space located?
    The property is located at 3941 Penn Belt Place Forestville, MD.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 6,044 SF industrial space for sale in Forestville, MD; Oversized drive‑in door with 18' clear height; 480V power
    More about this property
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