Mixed-Use Property with Rooftop
New
For Sale
$599,999
5610 BALTIMORE AVENUE, Hyattsville, MD 20781
Street-level commercial space paired with a multilevel residential townhome and separately metered utilities.
Property Size3,316 SF
Price / SF$180.94
Days on Market4
Property Features for 5610 BALTIMORE AVENUE
General Information
Standard status
Active
Size
3,316 SF
Total Parking Spaces
3
Property subtype
MixedUse
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$12,947
Amenities
private half bath
Building Details
Building Size
3,316 SF
Year Built
2008
Buildings
1
Listing Agency:
Keller Williams Realty
(703) 956-5128
Listed By:
Jennifer D Young
(703) 956-5128
Source:
Kerishull
Added: Aug 28
Changed: Aug 31
Last Checked: Aug 30 at 8:40PM
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 Realty
Investment Insights
Based on property information with market context.
This 3,316-square-foot mixed-use property combines a street-facing commercial suite with a multilevel residential townhome. The commercial component is occupied by a nail salon and includes a private half bath plus separate utilities. Above, the residence offers 4 bedrooms and 3.5 baths, with an open living and dining area, gas fireplace, stainless steel kitchen appliances, laundry, and a flexible loft or bonus area. A private rooftop terrace extends the residential space outdoors.
The property includes 3 dedicated rear parking spaces and is located at 5610 Baltimore Avenue in Hyattsville, Maryland. Metro and MARC service, shops, restaurants, walking and biking trails, a fitness center, and an outdoor pool are nearby. Separate utility arrangements serve the commercial and residential portions.
The property includes 3 dedicated rear parking spaces and is located at 5610 Baltimore Avenue in Hyattsville, Maryland. Metro and MARC service, shops, restaurants, walking and biking trails, a fitness center, and an outdoor pool are nearby. Separate utility arrangements serve the commercial and residential portions.
Key Highlights
- 3,316‑square‑foot mixed‑use property at 5610 BALTIMORE AVENUE, HYATTSVILLE, MD 20781
- Street‑level commercial space occupied by a nail salon with private half bath
- Residential townhome includes 4 bedrooms and 3.5 baths
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
$50,657
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
8.44%
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%
$1,013,140
$1.0M
Cap Rate 7%
$723,671
$723.7K
Cap Rate 9%
$562,856
$562.9K
Market Conditions
NOI Build-Up for 3,316 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
$81.6K $24.60/SF
− Vacancy
−$14.0K −$4.23/SF
EGI
$67.5K $20.37/SF
− OpEx
−$16.9K −$5.09/SF
NOI
$50.7K $15.28/SF
Area
Prince George's County, MD
Vacancy
17.20%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
25.00%
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%
$1,013,140
Cap Rate 7%
$723,671
Cap Rate 9%
$562,856
Alternative Uses
Best Use
Retail
$1.06M
$931.2K – $1.24M
NOI $74,492 @ 7.0% cap · market cap 12.42%
Second Best
Office B
$723.7K
$633.2K – $844.3K
NOI $50,657 @ 7.0% cap · market cap 8.44%
Theoretical Best
Specialty Retail
$1.07M
$936.0K – $1.25M
NOI $74,881 @ 7.0% cap · market cap 12.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,260
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Street-level commercial space paired with a multilevel residential townhome and separately metered utilities.
Where is this mixed-use property located?
The property is located at 5610 BALTIMORE AVENUE Hyattsville, MD.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: 3,316‑square‑foot mixed‑use property at 5610 BALTIMORE AVENUE, HYATTSVILLE, MD 20781; Street‑level commercial space occupied by a nail salon with private half bath; Residential townhome includes 4 bedrooms and 3.5 baths
