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Three-Unit Mixed-Use Property
New
For Sale
$1,500,000

4810 ANNAPOLIS ROAD, Bladensburg, MD 20710

Three tenant suites combine retail space with a second-level apartment and dedicated ingress/egress.

Property Size5,941 SF
Lot Size0.18 Acres
Price / SF$252.48
Days on Market6

Property Features for 4810 ANNAPOLIS ROAD

General Information

Standard status Active
Size 5,941 SF
Lot size 0.18 Acres
Property subtype MixedUse

Taxes and HOA fees

Annual Taxes $15,994

Building Details

Building Size 5,941 SF
Year Built 1930
Buildings 1
Tenancy Multi
Listing Agency: Congressional Commercial , LLC
Listed By: Langdon D Hample
Source: Kerishull
Added: Sep 8 Changed: Sep 9 Last Checked: Sep 13 at 1:24PM

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 Congressional Commercial , LLC

Investment Insights

Based on property information with market context.

Located at 4810–4812 Annapolis Road in Bladensburg, Maryland, this 5,941-square-foot mixed-use building contains three tenant suites on approximately 7,810 square feet of land, or 0.18 acre. The configuration includes main-level retail with basement space, a ground-level mobile phone store, and a two-bedroom, one-bath apartment on the second level. Each suite has dedicated ingress and egress. Constructed in 1930, the property includes central air and parking, with frontage directly on Annapolis Road.

The site is positioned along a commercial corridor with vehicular access and nearby neighborhood retail, public facilities, schools, and transportation routes. Washington, D.C. is described as only minutes away. The surrounding population is approximately 14,446 residents within one mile, 188,050 within three miles, and more than 614,000 within five miles. The Bladensburg Barber School has operated at the property for more than six decades, adding a documented vocational and commercial history to the building.

Key Highlights

  • 5,941‑square‑foot, three‑unit commercial building on approximately 7,810 square feet of land
  • Three suites include main‑level retail with basement space, ground‑level retail, and a two‑bedroom, one‑bath apartment
  • Direct frontage on Annapolis Road with dedicated ingress and egress for each suite

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
$133,462
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
8.90%
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%
$2,669,240 $2.7M
Cap Rate 7%
$1,906,600 $1.9M
Cap Rate 9%
$1,482,911 $1.5M
Market Conditions
NOI Build-Up for 5,941 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
$201.8K $33.96/SF
− Vacancy
−$11.1K −$1.87/SF
EGI
$190.7K $32.09/SF
− OpEx
−$57.2K −$9.63/SF
NOI
$133.5K $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 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%
$2,669,240
Cap Rate 7%
$1,906,600
Cap Rate 9%
$1,482,911

Alternative Uses

Best Use
Retail
$1.91M
$1.67M – $2.22M (±1% cap)
NOI $133,462 @ 7.0% cap · market cap 8.90%
Second Best
Mixed Use
$1.07M
$936.3K – $1.25M (±1% cap)
NOI $74,901 @ 7.0% cap · market cap 4.99%
Theoretical Best
Specialty Retail
$1.92M
$1.68M – $2.24M (±1% cap)
NOI $134,158 @ 7.0% cap · market cap 8.94%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Bladensburg Barber School Vocational School

Suggested Use

Top Pick Dental Office Real Estate Agency Garden Center Daycare Center Accounting Firm Veterinary Clinic

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

907
Businesses Nearby
66k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 81% Dining 16% Home Improvements & Furnishings 2% Electronics 1%
7-Eleven Shops & Services
16,788 visits/mo 0.1 miles
7-Eleven Shops & Services
11,259 visits/mo 0.1 miles
Checkers Dining
10,878 visits/mo 0.1 miles
AutoZone Shops & Services
9,351 visits/mo 0.1 miles
Shell Shops & Services
8,368 visits/mo 0.1 miles

Demographics for 20710, MD

9,850
Population
3,593
Households
2.7
Avg Household Size
34
Median Age
16%
College-Educated
82%
High-School Grad
1.1 sq mi
ZIP Area
8,955
Density / Sq Mi
$64,406
Median Household Income
$41,899
Median Earnings
$1,658
Median Rent
$335,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three tenant suites combine retail space with a second-level apartment and dedicated ingress/egress.
Where is this mixed-use property located?
The property is located at 4810 ANNAPOLIS ROAD Bladensburg, 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: 5,941‑square‑foot, three‑unit commercial building on approximately 7,810 square feet of land; Three suites include main‑level retail with basement space, ground‑level retail, and a two‑bedroom, one‑bath apartment; Direct frontage on Annapolis Road with dedicated ingress and egress for each suite
More about this property
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