20,000 SF Industrial
5200 Lawrence Place, Hyattsville, MD 20781
For Sale
Contact for pricing
Industrial property on 1.22 acres in Prince George’s County.
Property Size20,000 SF
Lot Size1.22 Acres
Price / SF$0.00
Days on Market216
Property Features for 5200 Lawrence Place
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Listing Agency:
MacKenzie Commercial Real Estate | Baltimore
Listed By:
Bryan Herr
(410) 821-8585
Source:
Mackenziecommercial
Added: Apr 8
Changed: Aug 15
Last Checked: Aug 14 at 7:25AM
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 MacKenzie Commercial Real Estate | Baltimore
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Investment Insights
Based on property information with market context.
The property at 5200 Lawrence Place offers an industrial property with an area of approximately 20,000 square feet situated on 1.22 acres. The property is located in Prince George’s County. The layout includes approximately 15,000 square feet of warehouse space and approximately 5,200 square feet of office space. It features a 16-foot clear height, two dock-high doors, one low dock, and one drive-in door. The property has heavy power, with 208V, 3-phase, 1,800 amps available, which can support a range of industrial uses.
Key Highlights
- 20,000 SF ± industrial property on 1.22 acres in a premier infill submarket of Prince George’s County
- Seller financing available
- 15,000 SF ± of warehouse and 5,200 SF ± of office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$222,534
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,450,680
$4.5M
Cap Rate 7%
$3,179,057
$3.2M
Cap Rate 9%
$2,472,600
$2.5M
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$360.0K $18.00/SF
− Vacancy
−$17.6K −$0.88/SF
EGI
$342.4K $17.12/SF
− OpEx
−$119.8K −$5.99/SF
NOI
$222.5K $11.13/SF
Area
Prince George's County, MD
Vacancy
4.90%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,450,680
Cap Rate 7%
$3,179,057
Cap Rate 9%
$2,472,600
Alternative Uses
Best Use
Industrial
$4.53M
$3.96M – $5.29M
NOI $317,134 @ 7.0% cap · market cap 2,114,226.67%
Second Best
Flex RnD
$3.18M
$2.78M – $3.71M
NOI $222,534 @ 7.0% cap · market cap 1,483,560.00%
Theoretical Best
Specialty Retail
$6.45M
$5.65M – $7.53M
NOI $451,634 @ 7.0% cap · market cap 3,010,893.33%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
952
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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
$453,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Prince George's County, MD
Properties on Market for Flex space in Prince George's County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Well Dunn Catering — 5226 Monroe Pl, Hyattsville, MD 20781
Frequently Asked Questions
What type of property is this?
Flex space - Industrial property on 1.22 acres in Prince George’s County.
Where is this flex space located?
The property is located at 5200 Lawrence Place Hyattsville, MD.
What are key features of this property?
This property features: 20,000 SF ± industrial property on 1.22 acres in a premier infill submarket of Prince George’s County; Seller financing available; 15,000 SF ± of warehouse and 5,200 SF ± of office
