Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    7000 Muirkirk Meadows Dr Beltsville, MD 20705

    Sponsored
    For Sale
    Contact for pricing

    Turnkey Restaurant, Prime Location, Maryland

    Property size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    401
    This exceptional 30,000-square-foot restaurant space is ideally situated at 7000 Muirkirk Meadows Drive in Beltsville, Maryland, zip code 20705. Located in Prince George's County, this turnkey property offers a fully built-out interior with brand new furniture, fixtures, and equipment (FFE), making it perfect for a fast-casual concept. The restaurant enjoys a prime location, situated in a new office building with excellent visibility from a convenient off-ramp. Its strategic placement offers significant advantages, boasting close proximity to the bustling Konterra Town Center. The property sits on a substantial 488-acre lot. The surrounding area is experiencing significant growth, with an estimated 1,500,000 square feet of retail space, 3,800,000 square feet of office space, and 4,500 residential dwelling units planned for development east of the property, along with a 600-room hotel and various public facilities. This development promises to create a vibrant and thriving community, further enhancing the property's value and potential. The motivated owner and landlord are seeking a high-end user to take advantage of this exceptional opportunity. For more information on the surrounding development, please visit www.pgcedc.com and www.konterra.com.

    Property Features for 7000 Muirkirk Meadows Dr

    General Information

    Property type
    Restaurants
    Square Feet
    30,000 SF
    Lot Size
    21,257,280 SF

    HighLights

    • 30,000 SF restaurant space available for lease in Beltsville, MD.
    • Brand new fixtures, furniture, and equipment (FFE) included.
    • Turnkey opportunity ideal for fast‑casual concepts.
    • Prime location at a corner off‑ramp, adjacent to a new office building.
    • Close proximity to Konterra Town Center.
    • Situated within a large‑scale development including significant retail, office, residential, and hotel space.
    Property Profile Location Intelligence

    Current Use by Public Records

    FedEx Drop Box Mailing Service ASRC Federal Holding ... Business Management Consultant Bon Fresco American Restaurant

    Map

    City
    Beltsville
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.9066829
    Latitude
    39.0455425

    Nearby Similar for Sale

    • Contact for pricing
      191,884 SF

      Beltsville Flex Portfolio For Sale

      Three-building flex portfolio 100% leased in Beltsville, Maryland.
      10000 Virginia Manor Rd, Beltsville, MD 20705
      View Details
    • $3,500,000
      9,600 SF

      Freestanding Industrial Building For Sale

      9,600 SF industrial building with fenced storage and heavy power.
      10401 Tucker St, Beltsville, MD 20705
      View Details
    • $175,000

      Profitable Deli Business Opportunity

      Profitable deli business for sale in Beltsville, Maryland.
      11890 Old Baltimore Pike, Beltsville, MD 20705
      View Details
    • $4,450,000
      28,586 SF

      Beltsville Industrial Property for Sale

      26,586 SF industrial space with heavy electric and loading docks.
      10710 Tucker St, Beltsville, MD 20705
      View Details
    • Contact for pricing
      31,135 SF

      Beltsville Warehouse For Sale

      31,135 SF warehouse available for individual or portfolio purchase.
      9207 51 Ave, Beltsville, MD 20704
      View Details
    • $1,250,000

      Beltsville Industrial Condo with Office

      Industrial condo with office space and roll-up door for sale.
      11403 Frederick Ave, Beltsville, MD 20705
      View Details
    • $485,000

      Beltsville Specialty Property For Sale

      Specialty property available for purchase in Beltsville, Maryland.
      13220 Ronehill Dr, Beltsville, MD 20705
      View Details
    • $800,000

      Beltsville Specialty Property For Sale

      Specialty property available for purchase in Beltsville, Maryland.
      12912 Bay Hill Dr, Beltsville, MD 20705
      View Details
    • $260,000

      Beltsville Specialty Property for Sale

      Specialty property available for purchase in Beltsville, Maryland.
      4939 Harford Ave, Beltsville, MD 20705
      View Details
    • $500,000

      Beltsville Specialty Property For Sale

      Specialty property available for sale in Beltsville, Maryland.
      4521 Naples Ave, Beltsville, MD 20705
      View Details
    • $385,000

      Beltsville Specialty Property For Sale

      Specialty property available for purchase in Beltsville, Maryland.
      11324 Clearbrooke Ct, Beltsville, MD 20705
      View Details
    • $469,000

      Beltsville Specialty Property For Sale

      Specialty property available for purchase in Beltsville, Maryland.
      11710 Emack Rd, Beltsville, MD 20705
      View Details

    FAQs

    What type of property is this?
    Restaurant - Turnkey Restaurant, Prime Location, Maryland
    Where is this restaurant located?
    The property is located at 7000 Muirkirk Meadows Dr Beltsville, MD.
    What are key features of this property?
    This property features: 30,000 SF restaurant space available for lease in Beltsville, MD.; Brand new fixtures, furniture, and equipment (FFE) included.; Turnkey opportunity ideal for fast-casual concepts.
    Request Owner's contact information
    7000 Muirkirk Meadows Dr Beltsville, MD 20705
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7000 Muirkirk Meadows Dr
    Beltsville, MD 20705
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    7000 Muirkirk Meadows Dr Beltsville, MD 20705
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.