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    5304 Sheriff Rd Capitol Heights, MD 20743

    Sponsored
    For Sale
    $2,400,000

    Prime MD location, redevelopment opportunity

    Property size:
    3,531 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 15,477 sq ft lot in Capitol Heights, MD (20743), zoned CGO, presents a unique redevelopment opportunity. Located near Washington, D.C., this property boasts a high traffic count of 13,714 vehicles and 80 feet of road frontage. The asking price is $2,400,000 ($679.69/sq ft). Currently featuring a 3,531 sq ft, three-story building constructed in 1919, the property includes a 7-bedroom, 4-bathroom house with a large eat-in kitchen, oversized storage room, fireplace, updated hot water heater and windows, and a large basement. An additional connected brick building with separate entrances and a brick terrace offers potential for extra income. A 24x24 storage building is also available for negotiation. The property allows for the construction of multi-unit residential or commercial buildings, or renovation of the existing structures. This fee-simple ownership offers significant potential for investors seeking a high-traffic location near Washington, D.C. The property's versatility and prime location make it an exceptional investment opportunity. The existing structure provides ample space and potential for immediate income generation while redevelopment options cater to a wide range of commercial and residential uses. The property's size and zoning provide flexibility for various development scenarios, making it an attractive proposition for both short-term and long-term investment strategies.

    Property Features for 5304 Sheriff Rd

    General Information

    Property type
    Restaurants
    Square Feet
    3,531 SF

    Building Details

    Year Built
    1919
    Buildings
    1
    Stories
    3
    Units
    1

    HighLights

    • Excellent location near Washington, D.C.
    • Ideal for redevelopment as multi‑unit or commercial property; existing structures can also be renovated.
    • High traffic count of 13,714 vehicles.
    • 15,477 SF lot zoned CGO, allowing multifamily, commercial, and business uses; 80 feet of road frontage.
    • Existing 7‑bedroom, 4‑bathroom house includes a large kitchen, ample storage, fireplace, updated systems, and a large basement.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Capitol Heights
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.9229169245
    Latitude
    38.904179006582

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    FAQs

    What type of property is this?
    Restaurant - Prime MD location, redevelopment opportunity
    Where is this restaurant located?
    The property is located at 5304 Sheriff Rd Capitol Heights, MD.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: Excellent location near Washington, D.C.; Ideal for redevelopment as multi-unit or commercial property; existing structures can also be renovated.; High traffic count of 13,714 vehicles.
    Request Owner's contact information
    5304 Sheriff Rd Capitol Heights, MD 20743
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    Capitol Heights, MD 20743
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5304 Sheriff Rd Capitol Heights, MD 20743
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