Tenant-Occupied
For Sale
$145,000
541 WILSON BRIDGE DRIVE Unit C1, Oxon Hill, MD 20745
The two-bedroom residence is occupied under existing lease terms.
Property Size829 SF
Price / SF$174.91
Days on Market16
Property Features for 541 WILSON BRIDGE DRIVE Unit C1
General Information
Standard status
Active
Size
829 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$1,763
Building Details
Building Size
829 SF
Year Built
1979
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Oct 14
Changed: Oct 27
Last Checked: Oct 26 at 3:18PM
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 Jack Realty Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 541 Wilson Bridge Drive, Unit C1, in Oxon Hill, Maryland, this tenant-occupied condominium has two bedrooms and one bathroom. The residence contains 829 square feet and was built in 1979.
National Harbor is identified as a nearby destination. Existing lease terms apply to the current tenancy.
National Harbor is identified as a nearby destination. Existing lease terms apply to the current tenancy.
Key Highlights
- Two‑bedroom, one‑bathroom condominium
- 829 square feet
- Built in 1979
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,161
Cap Rate
7.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$223,220
$223.2K
Cap Rate 7%
$159,443
$159.4K
Cap Rate 9%
$124,011
$124.0K
Market Conditions
NOI Build-Up for 829 SF
Gross rent
$21.6K $26.04/SF
− Vacancy
−$1.3K −$1.56/SF
EGI
$20.3K $24.48/SF
− OpEx
−$9.1K −$11.01/SF
NOI
$11.2K $13.46/SF
Area
Prince George's County, MD
Vacancy
6.00%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$223,220
Cap Rate 7%
$159,443
Cap Rate 9%
$124,011
Alternative Uses
Best Use
Apartment 5plus
$159.4K
$139.5K – $186.0K
NOI $11,161 @ 7.0% cap · market cap 7.70%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$267.4K
$234.0K – $312.0K
NOI $18,720 @ 7.0% cap · market cap 12.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
214
Businesses Nearby
Explore this area
Business Placement
Demographics for 20745, MD
32,024
Population
13,124
Households
2.4
Avg Household Size
36
Median Age
26%
College-Educated
82%
High-School Grad
6.5 sq mi
ZIP Area
4,927
Density / Sq Mi
$80,649
Median Household Income
$47,435
Median Earnings
$1,564
Median Rent
$351,500
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - The two-bedroom residence is occupied under existing lease terms.
Where is this residential income property located?
The property is located at 541 WILSON BRIDGE DRIVE Unit C1 Oxon Hill, MD.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Two‑bedroom, one‑bathroom condominium; 829 square feet; Built in 1979
