Medical Center For
For Sale
$1,500,000
5371 SHERIFF ROAD, Capitol Heights, MD 20743
Healthcare real estate offered for sale at 5371 Sheriff Rd in Capitol Heights, Maryland.
Property Size5,140 SF
Price / SF$291.83
Days on Market35
Property Features for 5371 SHERIFF ROAD
General Information
Standard status
Active
Size
5,140 SF
Property subtype
Mixed Use
Taxes and HOA fees
Annual Taxes
$13,707
Building Details
Building Size
5,140 SF
Year Built
1930
Listing Agency:
M & M Real Estate Properties
(240) 626-3497
Listed By:
Theodore R Megginson III · License #504532
(240) 626-3497
Source:
Kerishull
Added: Jul 20
Changed: Aug 23
Last Checked: Aug 22 at 8:55AM
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 M & M Real Estate Properties
Investment Insights
Based on property information with market context.
This medical center healthcare property is available for sale. The offering is categorized as a commercial real estate healthcare asset and is listed at 5371 Sheriff Rd in Capitol Heights, Maryland.
The property’s public listing information identifies it as a medical center within the healthcare property sector. For additional details on the building layout, condition, and any specialty improvements, interested parties should request the complete offering package.
The sale is presented as a healthcare-focused commercial real estate listing suitable for buyers evaluating medical or related uses under applicable regulations.
The property’s public listing information identifies it as a medical center within the healthcare property sector. For additional details on the building layout, condition, and any specialty improvements, interested parties should request the complete offering package.
The sale is presented as a healthcare-focused commercial real estate listing suitable for buyers evaluating medical or related uses under applicable regulations.
Key Highlights
- Healthcare real estate for sale at 5371 Sheriff Rd, Capitol Heights, MD
- Year built: 1930
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
$61,755
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
4.12%
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%
$1,235,100
$1.2M
Cap Rate 7%
$882,214
$882.2K
Cap Rate 9%
$686,167
$686.2K
Market Conditions
NOI Build-Up for 5,140 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
$126.4K $24.60/SF
− Vacancy
−$23.5K −$4.58/SF
EGI
$102.9K $20.02/SF
− OpEx
−$41.2K −$8.01/SF
NOI
$61.8K $12.01/SF
Area
Prince George's County, MD
Vacancy
18.60%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
40.00%
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%
$1,235,100
Cap Rate 7%
$882,214
Cap Rate 9%
$686,167
Alternative Uses
Best Use
Healthcare Medical
$882.2K
$771.9K – $1.03M
NOI $61,755 @ 7.0% cap · market cap 4.12%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.66M
$1.45M – $1.93M
NOI $116,070 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
469
Businesses Nearby
Explore this area
Business Placement
Demographics for 20743, MD
40,709
Population
16,521
Households
2.5
Avg Household Size
38
Median Age
23%
College-Educated
86%
High-School Grad
9.6 sq mi
ZIP Area
4,241
Density / Sq Mi
$76,332
Median Household Income
$47,762
Median Earnings
$1,614
Median Rent
$317,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Healthcare real estate offered for sale at 5371 Sheriff Rd in Capitol Heights, Maryland.
Where is this medical center located?
The property is located at 5371 SHERIFF ROAD Capitol Heights, 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: Healthcare real estate for sale at 5371 Sheriff Rd, Capitol Heights, MD; Year built: 1930
