Two-Story Retail and Warehouse
5051 Greenbelt Road College Park, MD 20740
5051 Greenbelt Road, College Park, MD, 20740
$1,299,000
For Sale
$1,299,000
Two-story retail with rear warehouse provides flexible space for retailers needing on-site storage.
Property Size2,400 SF
Lot Size0.19 Acres
Price / SF$541.25
Days on Market402
Property Features for 5051 Greenbelt Road
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.19 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1956
Listing Agency
Metro Homes DMV LLC
Listed by
Patricia Caraballo
Source
Deepcreeklake
Added: Jun 14, 2025 Updated: Jul 10 at 3:59 pm Checked: Jul 20 at 6:21 am
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 Metro Homes DMV LLC
Investment Insights
Based on property information with market context.
The property at 5051 Greenbelt Road is a two-story commercial building that combines customer-facing retail space with rear warehouse area. Approximately 2,400 square feet of retail space is distributed across two floors, supported by an additional 900 square feet of warehouse space at the rear for storage or operational needs. The building has a newer roof installed in 2015, and the site includes parking for approximately 20 vehicles.
The parcel is about 0.19 acres and is described as highly visible and accessible, drawing both foot and vehicle traffic. The property reports approximately 40,101 vehicles passing by each day, and it is positioned for convenient access to Kenilworth Ave. and Route 1.
With retail space across two levels plus a dedicated rear warehouse component, this layout can fit a range of retail or commercial operators seeking an on-site back-of-house area. The property is listed under zoning classified as CSC, which the record states allows for diverse business opportunities. For buyers evaluating a retail-oriented purchase, the combination of visibility, parking, and integrated storage supports practical day-to-day operations.
The parcel is about 0.19 acres and is described as highly visible and accessible, drawing both foot and vehicle traffic. The property reports approximately 40,101 vehicles passing by each day, and it is positioned for convenient access to Kenilworth Ave. and Route 1.
With retail space across two levels plus a dedicated rear warehouse component, this layout can fit a range of retail or commercial operators seeking an on-site back-of-house area. The property is listed under zoning classified as CSC, which the record states allows for diverse business opportunities. For buyers evaluating a retail-oriented purchase, the combination of visibility, parking, and integrated storage supports practical day-to-day operations.
Key Highlights
- Two‑story retail building with approximately 2,400± SF of retail space across two floors
- Additional 900± SF rear warehouse space for storage or operational use
- 0.19‑acre lot with space for approximately 20 vehicles for convenient on‑site parking
Local Financial Insights For Retail
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 | $81.5k | $33.96 |
| − Vacancy | −$4.5k | −$1.87 |
| EGI | $77.0k | $32.09 |
| − OpEx | −$23.1k | −$9.63 |
| NOI | $53.9k | $22.46 |
2,400 SF · lease $33.96/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$770.2K
$673.9K – $898.6K
NOI $53,915 @ 7.0% cap · market cap 4.15%
Second Best
Warehouse
$660.2K
$577.6K – $770.2K
NOI $46,211 @ 7.0% cap · market cap 3.56%
Theoretical Best
Specialty Retail
$774.2K
$677.5K – $903.3K
NOI $54,196 @ 7.0% cap · market cap 4.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Crazy Car Audio
Electronics & Wireless Store
Similar For Sale Nearby
Similar Off Market Nearby
- La Prima Catering — 5105 Berwyn Rd #101, College Park, MD 20740
- Catering by Seasons — 5105 Berwyn Rd, College Park, MD 20740
- Kouzina Lux Catering — 9204 Baltimore Ave, College Park, MD 20740
- Sardi’s Catering — 9204 Baltimore Ave, College Park, MD 20740
FAQs
What type of property is this?
Flex space - Two-story retail with rear warehouse provides flexible space for retailers needing on-site storage.
Where is this flex space located?
The property is located at 5051 Greenbelt Road College Park, MD.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Two‑story retail building with approximately 2,400± SF of retail space across two floors; Additional 900± SF rear warehouse space for storage or operational use; 0.19‑acre lot with space for approximately 20 vehicles for convenient on‑site parking
