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Neighborhood Storefront Space
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4812 RHODE ISLAND AVENUE, Hyattsville, MD 20781

Established commercial corridor with public transportation access and nearby retail, dining, and neighborhood services.

Property Size1,160 SF
Price / SF$2.84
Days on Market49

Property Features for 4812 RHODE ISLAND AVENUE

General Information

Standard status Active
Size 1,160 SF
Property subtype Commercial

Building Details

Year Built 1932
Listing Agency: Keller Williams Capital Properties
Listed By: Joseph Ewing Martin Jr. · License #5022591
Source: Cummingsrealtors
Added: Sep 11 Changed: Oct 28 Last Checked: Oct 28 at 8:18AM

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 Capital Properties

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Investment Insights

Based on property information with market context.

This 1,160-square-foot storefront property provides a flexible commercial layout in a neighborhood-oriented setting. The building dates to 1932, and the space can accommodate retail, personal service, professional service, and other customer-facing uses, subject to applicable zoning and permitting requirements.

The property is positioned along Rhode Island Avenue in Hyattsville, within an established commercial corridor serving surrounding neighborhoods. Nearby retail, dining, personal services, and community amenities add to the area’s commercial context, while public transportation and access to Washington, DC support connectivity for customers and operators.

Key Highlights

  • 1,160 SF storefront property
  • Located along Rhode Island Avenue in Hyattsville, Maryland
  • Building constructed in 1932

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,059
Suggested Prices Based on Cap Rates
Cap Rate 5%
$521,180 $521.2K
Cap Rate 7%
$372,271 $372.3K
Cap Rate 9%
$289,544 $289.5K
Market Conditions
NOI Build-Up for 1,160 SF
Gross rent
$39.4K $33.96/SF
− Vacancy
−$2.2K −$1.87/SF
EGI
$37.2K $32.09/SF
− OpEx
−$11.2K −$9.63/SF
NOI
$26.1K $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 Rate 5%
$521,180
Cap Rate 7%
$372,271
Cap Rate 9%
$289,544

Alternative Uses

Best Use
Retail
$372.3K
$325.7K – $434.3K (±1% cap)
NOI $26,059 @ 7.0% cap · market cap 789.67%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$374.2K
$327.4K – $436.6K (±1% cap)
NOI $26,195 @ 7.0% cap · market cap 793.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

JoRays Beauty Bar Hair Salon

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Spa & Massage Center Garden Center Accounting Firm

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

Location Intelligence

Trade Area within ½ mile

1,283
Businesses Nearby
12k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 60% Dining 40%
Citgo Shops & Services
5,426 visits/mo 0.2 miles
Domino's Pizza Dining
4,711 visits/mo 0.2 miles
Artist & Craftsman Supply Shops & Services
1,562 visits/mo 0.1 miles

Demographics for 20781, MD

13,662
Population
4,665
Households
2.9
Avg Household Size
35
Median Age
43%
College-Educated
81%
High-School Grad
2.5 sq mi
ZIP Area
5,465
Density / Sq Mi
$91,037
Median Household Income
$47,620
Median Earnings
$1,695
Median Rent
$453,100
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

Similar Off Market Nearby

  • David’s Florations — 5102 Emerson St, Hyattsville, MD 20781
  • Bella Fiori Flowers — 5620 lafayette pl, hyattsville, md 20781

Frequently Asked Questions

What type of property is this?
Storefront property - Established commercial corridor with public transportation access and nearby retail, dining, and neighborhood services.
Where is this storefront property located?
The property is located at 4812 RHODE ISLAND AVENUE Hyattsville, MD.
What are key features of this property?
This property features: 1,160 SF storefront property; Located along Rhode Island Avenue in Hyattsville, Maryland; Building constructed in 1932
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