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Mixed-Use Property with Apartment
New
For Sale
$1,230,000

4246 POWDER MILL ROAD, Beltsville, MD 20705

An attached one-bedroom, one-bath apartment is leased under a five-year term with an extension option.

Property Size2,500 SF
Price / SF$492
Days on Market6

Property Features for 4246 POWDER MILL ROAD

General Information

Standard status Active
Size 2,500 SF
Property subtype Commercial

Units

Unit Mix 1 x 1BR/1BA
Multifamily Units 1

Building Details

Year Built 1978
Listing Agency: Keller Williams Lucido Agency
Listed By: Robert J Lucido · License #17628
Source: Cummingsrealtors
Added: Oct 5 Changed: Oct 7 Last Checked: Oct 9 at 10:42PM

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 Keller Williams Lucido Agency

Investment Insights

Based on property information with market context.

This mixed-use property includes an apartment attached to the main building. The one-bedroom, one-bath unit is currently used as a veterinary office, and the basement contains kennels. The building was constructed in 1978.

A lease is in place for a five-year term with an extension option.

Key Highlights

  • Attached one‑bedroom, one‑bath apartment
  • Apartment is currently used as a veterinary office
  • Basement contains kennels

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,192
Cap Rate
3.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$763,840 $763.8K
Cap Rate 7%
$545,600 $545.6K
Cap Rate 9%
$424,356 $424.4K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$61.5K $24.60/SF
− Vacancy
−$10.6K −$4.23/SF
EGI
$50.9K $20.37/SF
− OpEx
−$12.7K −$5.09/SF
NOI
$38.2K $15.28/SF
Area
Prince George's County, MD
Vacancy
17.20%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$763,840
Cap Rate 7%
$545,600
Cap Rate 9%
$424,356

Alternative Uses

Best Use
Office B
$545.6K
$477.4K – $636.5K (±1% cap)
NOI $38,192 @ 7.0% cap · market cap 3.11%
Second Best
Mixed Use
$450.3K
$394.0K – $525.3K (±1% cap)
NOI $31,519 @ 7.0% cap · market cap 2.56%
Theoretical Best
Specialty Retail
$806.5K
$705.7K – $940.9K (±1% cap)
NOI $56,454 @ 7.0% cap · market cap 4.59%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Beltsville Veterinary Hospital Veterinary Clinic Visionary Comics Publishing House

Suggested Use

Top Pick Dental Office Parking Lot & Garage Skin Care Clinic Auto Parts Store Building Supply Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

306
Businesses Nearby

Demographics for 20705, MD

29,456
Population
9,181
Households
3.2
Avg Household Size
36
Median Age
33%
College-Educated
81%
High-School Grad
14.5 sq mi
ZIP Area
2,031
Density / Sq Mi
$106,691
Median Household Income
$45,692
Median Earnings
$1,777
Median Rent
$423,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - An attached one-bedroom, one-bath apartment is leased under a five-year term with an extension option.
Where is this mixed-use property located?
The property is located at 4246 POWDER MILL ROAD Beltsville, MD.
What is the asking price?
The asking price for this property is $1,230,000.
What are key features of this property?
This property features: Attached one‑bedroom, one‑bath apartment; Apartment is currently used as a veterinary office; Basement contains kennels
More about this property
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