Renovated Industrial Warehouse
7927 Parston Dr Forestville, MD 20747
For Sale
Contact for pricing
Renovated warehouse with 18' clear height, fully sprinklered wet system, and multiple loading access options.
Property Size26,439 SF
Lot Size1.01 Acres
Price / SF$275.16
Days on Market94
Property Features for 7927 Parston Dr
General Information
Standard status
Active
Size
26,439 SF
Lot size
1.01 Acres
Property subtype
INDUSTRIAL
Listing Agency:
NAI Michael
(301) 918-2908
Listed By:
Michael Isen
Source:
Moodyscre
Added: Apr 28
Changed: Jul 26
Last Checked: Jul 29 at 3:25PM
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
Investment Insights
Based on property information with market context.
Renovated warehouse totaling 26,439± SF with a 95% warehouse and 5% office split. The property has an 18' clear ceiling height and is fully sprinklered with a wet system. Recent improvements include a new roof (2025), resurfaced interior floor, updated loading platform for 53' tractor trailers, and new HVAC for the existing office, along with new curb and gutter and a new exterior staircase.
The building features six new garage/loading doors and is designed with the ability to demise for multiple tenants. It is fenced and secure with ample parking, and offers 600 amps of electrical service with 120/208V 3-phase power across three meters.
Zoned I-E (Industrial Employment), the property sits on 1.01 acres and provides immediate access to the Capital Beltway (I-495/I-95), Pennsylvania Avenue (Route 4), and Suitland Parkway, supporting service to Washington, DC and the surrounding Virginia and Maryland suburbs.
The building features six new garage/loading doors and is designed with the ability to demise for multiple tenants. It is fenced and secure with ample parking, and offers 600 amps of electrical service with 120/208V 3-phase power across three meters.
Zoned I-E (Industrial Employment), the property sits on 1.01 acres and provides immediate access to the Capital Beltway (I-495/I-95), Pennsylvania Avenue (Route 4), and Suitland Parkway, supporting service to Washington, DC and the surrounding Virginia and Maryland suburbs.
Key Highlights
- Renovated 26,439± SF warehouse (95% warehouse/5% office) on 1.01± acres
- 18' clear ceiling height and fully sprinklered wet system
- Past‑year upgrades include new roof (2025), resurfaced interior floor, and new HVAC for the office
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $682.1k | $25.80 |
| − Vacancy | −$83.2k | −$3.15 |
| EGI | $598.9k | $22.65 |
| − OpEx | −$89.8k | −$3.40 |
| NOI | $509.1k | $19.25 |
26,439 SF · lease $25.80/SF/yr · vacancy 12.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$7.27M
$6.36M – $8.48M
NOI $509,071 @ 7.0% cap · market cap 7.00%
Second Best
Industrial
$5.99M
$5.24M – $6.99M
NOI $419,235 @ 7.0% cap · market cap 5.76%
Theoretical Best
Specialty Retail
$8.53M
$7.46M – $9.95M
NOI $597,038 @ 7.0% cap · market cap 8.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
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Frequently Asked Questions
What type of property is this?
Warehouse - Renovated warehouse with 18' clear height, fully sprinklered wet system, and multiple loading access options.
Where is this warehouse located?
The property is located at 7927 Parston Dr Forestville, MD.
What is the asking price?
The asking price for this property is $7,275,000.
What are key features of this property?
This property features: Renovated 26,439± SF warehouse (95% warehouse/5% office) on 1.01± acres; 18' clear ceiling height and fully sprinklered wet system; Past‑year upgrades include new roof (2025), resurfaced interior floor, and new HVAC for the office
