Retail Condo with Salon
7707 Barlowe Rd, Hyattsville, MD 20785
For Sale
Contact for pricing
Second-generation space includes plumbing for five sinks and can accommodate retail, wellness, grooming, or food-service operations.
Property Size1,800 SF
Price / SF$277.78
Days on Market100
Property Features for 7707 Barlowe Rd
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Listing Agency:
NAI Michael
(301) 459-4400
Listed By:
Terry Rogers · License MD #5330
(301) 526-2584
Source:
Moodyscre
Added: Aug 7
Changed: Nov 7
Last Checked: Nov 12 at 7:07AM
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 NAI Michael
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Investment Insights
Based on property information with market context.
This 1,800 SF retail condominium has a second-generation interior and is currently configured for beauty salon use. Plumbing for 5 sinks is already in place, providing an established layout for salon operations and other service-oriented commercial applications.
The property information identifies potential applications including beauty or nail salon, medical and wellness, pet grooming, religious use, and carry-out or QSR operations. The space is adjacent to Victory House Senior Apartments and across from Palmer Park Community Center, placing it within an established local service environment.
The property information identifies potential applications including beauty or nail salon, medical and wellness, pet grooming, religious use, and carry-out or QSR operations. The space is adjacent to Victory House Senior Apartments and across from Palmer Park Community Center, placing it within an established local service environment.
Key Highlights
- 1,800 SF retail condominium
- Second‑generation build‑out currently configured as a beauty salon
- Plumbing for 5 sinks is in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,436
Cap Rate
8.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$808,720
$808.7K
Cap Rate 7%
$577,657
$577.7K
Cap Rate 9%
$449,289
$449.3K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$61.1K $33.96/SF
− Vacancy
−$3.4K −$1.87/SF
EGI
$57.8K $32.09/SF
− OpEx
−$17.3K −$9.63/SF
NOI
$40.4K $22.46/SF
Area
Prince George's County, MD
Vacancy
5.50%
Lease Rate
$33.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$808,720
Cap Rate 7%
$577,657
Cap Rate 9%
$449,289
Alternative Uses
Best Use
Retail
$577.7K
$505.5K – $673.9K
NOI $40,436 @ 7.0% cap · market cap 8.09%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$580.7K
$508.1K – $677.5K
NOI $40,647 @ 7.0% cap · market cap 8.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
320
Businesses Nearby
24k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 82%
Shops & Services 18%
Wendy's
Dining
19,259 visits/mo
0.3 miles
Sunoco
Shops & Services
4,363 visits/mo
0.4 miles
Demographics for 20785, MD
41,636
Population
16,202
Households
2.6
Avg Household Size
35
Median Age
30%
College-Educated
88%
High-School Grad
10.1 sq mi
ZIP Area
4,122
Density / Sq Mi
$83,690
Median Household Income
$45,595
Median Earnings
$1,764
Median Rent
$346,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Prince George's County, MD
Properties on Market for Retail space in Prince George's County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Second-generation space includes plumbing for five sinks and can accommodate retail, wellness, grooming, or food-service operations.
Where is this retail space located?
The property is located at 7707 Barlowe Rd Hyattsville, MD.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 1,800 SF retail condominium; Second‑generation build‑out currently configured as a beauty salon; Plumbing for 5 sinks is in place
