For Sale
$699,000
8741 Ashwood Drive, Capitol Heights, MD 20743
Available for sale in Capitol Heights, Maryland.
Property Size2,513 SF
Price / SF$278.15
Days on Market39
Property Features for 8741 Ashwood Drive
General Information
Standard status
Active
Size
2,513 SF
Property subtype
Industrial
Building Details
Building Size
2,513 SF
Listing Agency:
(301) 646-9310
Listed By:
Steve Catalano
(301) 646-9310
Source:
Naimichael
Added: Jul 25
Changed: Aug 31
Last Checked: Aug 31 at 3:57PM
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 Steve Catalano
Investment Insights
Based on property information with market context.
The warehouse property offers approximately 2,513 square feet of space. It is located at 8741 Ashwood Drive in Capitol Heights, Maryland 20743 and is offered for sale.
Key Highlights
- Approximately 2,513 SF
- 8741 Ashwood Drive, Capitol Heights, MD 20743
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
$48,387
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
6.92%
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%
$967,740
$967.7K
Cap Rate 7%
$691,243
$691.2K
Cap Rate 9%
$537,633
$537.6K
Market Conditions
NOI Build-Up for 2,513 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
$64.8K $25.80/SF
− Vacancy
−$7.9K −$3.15/SF
EGI
$56.9K $22.65/SF
− OpEx
−$8.5K −$3.40/SF
NOI
$48.4K $19.25/SF
Area
Prince George's County, MD
Vacancy
12.20%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
15.00%
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%
$967,740
Cap Rate 7%
$691,243
Cap Rate 9%
$537,633
Alternative Uses
Best Use
Warehouse
$691.2K
$604.8K – $806.5K
NOI $48,387 @ 7.0% cap · market cap 6.92%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$810.7K
$709.4K – $945.8K
NOI $56,748 @ 7.0% cap · market cap 8.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
957
Businesses Nearby
Well-served
Demand for This Use
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Public Storage — 800 Ritchie Rd, Capitol Heights, MD 20743
- Hampton Distribution Center — Maryland 20743
- Annapolis Best Twins Movers — 9184 E Hampton Dr, Capitol Heights, MD 20743
- SureShip — 9001 Hampton Overlook, Capitol Heights, MD 20743
- Public Storage — 8701 Central Ave, Capitol Heights, MD 20743
Frequently Asked Questions
What type of property is this?
Warehouse - Available for sale in Capitol Heights, Maryland.
Where is this warehouse located?
The property is located at 8741 Ashwood Drive Capitol Heights, MD.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Approximately 2,513 SF; 8741 Ashwood Drive, Capitol Heights, MD 20743
