Light Industrial Brick Property with
For Sale
$625,000
4105 FORESTVILLE ROAD, District Heights, MD 20747
Light Industrial I-1/IE brick building with secure outdoor yard storage, supporting contractors, fleet logistics, and light manufacturing operations.
Property Size2,125 SF
Lot Size0.34 Acres
Price / SF$294.12
Days on Market103
Property Features for 4105 FORESTVILLE ROAD
General Information
Standard status
Active
Size
2,125 SF
Lot size
0.34 Acres
Property subtype
Industrial
Zoning
I-1 / IE
Taxes and HOA fees
Annual Taxes
$4,566
Amenities
Central Air
3
Asphalt
Driveway.
Building Details
Year Built
1954
Listing Agency:
Triple Net Investment Group LLC
(202) 361-3050
Listed By:
Robert Gamzeh · License #593289
(202) 361-3050
Source:
Xome
Added: May 15
Changed: Aug 25
Last Checked: Aug 25 at 5:32AM
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 Triple Net Investment Group LLC
Investment Insights
Based on property information with market context.
This offering features a structural brick building on a 0.34-acre lot, positioned for light industrial use. The property’s configuration supports a combined operations setup with a main operations/dispatch office paired with secure, outdoor yard storage suitable for large commercial vehicles, tools, and heavy equipment.
Located in the inner-loop area of the Capital Beltway, the property’s zoning profile is a key part of the asset. The entire site is zoned Light Industrial (I-1 / IE), which is intended to align with a range of trade, fleet logistics, and light manufacturing workflows. The address is 4105 Forestville Rd, District Heights, MD 20747.
For owner-users, the site is designed to keep office and field operations in one place, with the yard storage portion supporting day-to-day staging and equipment handling. For investors, it presents a lease-ready light industrial framework within an I-1 / IE envelope, with the brick building and yard storage combination offering a practical functional fit for tenants that need both office space and outdoor heavy-equipment storage.
Located in the inner-loop area of the Capital Beltway, the property’s zoning profile is a key part of the asset. The entire site is zoned Light Industrial (I-1 / IE), which is intended to align with a range of trade, fleet logistics, and light manufacturing workflows. The address is 4105 Forestville Rd, District Heights, MD 20747.
For owner-users, the site is designed to keep office and field operations in one place, with the yard storage portion supporting day-to-day staging and equipment handling. For investors, it presents a lease-ready light industrial framework within an I-1 / IE envelope, with the brick building and yard storage combination offering a practical functional fit for tenants that need both office space and outdoor heavy-equipment storage.
Key Highlights
- 1954‑built structural brick building on a 0.34‑acre lot
- Light Industrial zoning (I‑1/IE) with entire property zoned for Light Industrial use
- Secure outdoor yard storage for large commercial vehicles, tools, and heavy equipment
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
$33,695
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
5.39%
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%
$673,900
$673.9K
Cap Rate 7%
$481,357
$481.4K
Cap Rate 9%
$374,389
$374.4K
Market Conditions
NOI Build-Up for 2,125 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
$54.8K $25.80/SF
− Vacancy
−$6.7K −$3.15/SF
EGI
$48.1K $22.65/SF
− OpEx
−$14.4K −$6.80/SF
NOI
$33.7K $15.86/SF
Area
Prince George's County, MD
Vacancy
12.20%
Lease Rate
$25.80 /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%
$673,900
Cap Rate 7%
$481,357
Cap Rate 9%
$374,389
Alternative Uses
Best Use
Industrial
$481.4K
$421.2K – $561.6K
NOI $33,695 @ 7.0% cap · market cap 5.39%
Second Best
Flex RnD
$337.8K
$295.6K – $394.1K
NOI $23,644 @ 7.0% cap · market cap 3.78%
Theoretical Best
Specialty Retail
$685.5K
$599.8K – $799.8K
NOI $47,986 @ 7.0% cap · market cap 7.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
315
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 20747, MD
40,696
Population
17,271
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
90%
High-School Grad
7.9 sq mi
ZIP Area
5,151
Density / Sq Mi
$72,931
Median Household Income
$48,311
Median Earnings
$1,635
Median Rent
$325,400
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Light Industrial I-1/IE brick building with secure outdoor yard storage, supporting contractors, fleet logistics, and light manufacturing operations.
Where is this flex space located?
The property is located at 4105 FORESTVILLE ROAD District Heights, MD.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 1954‑built structural brick building on a 0.34‑acre lot; Light Industrial zoning (I‑1/IE) with entire property zoned for Light Industrial use; Secure outdoor yard storage for large commercial vehicles, tools, and heavy equipment
