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    21800 Shangri-La Dr Lexington Park, MD 20653

    For Lease
    Contact for pricing

    184,085 SF Office/Retail, Prime Location

    Lot size:
    184,085 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 184,085-square-foot single-tenant property in Lexington Park, Maryland, presents a unique investment opportunity. Located at 21800 N Shangri-La Dr, zip code 20653, this mixed-use building boasts a prime location strategically situated between the high-traffic Route 235 and Great Mills Road. Its proximity to the Patuxent River Naval Station entrance ensures high visibility and accessibility to a substantial population base. Built in 1969, the entire space is currently vacant, offering a blank canvas for a wide range of commercial ventures. The property's executive office and retail components cater to both business and consumer needs, creating a synergistic environment. The building's substantial size allows for significant customization and development potential, making it ideal for a large-scale operation or a collection of smaller businesses. The diverse retail uses already present add value to the surrounding residential areas and the nearby Naval Station. This property offers a rare chance to acquire a substantial commercial space in a thriving Maryland community with strong potential for growth and return on investment. The St. Mary's County location provides access to a robust workforce and a supportive business environment. This is an unparalleled opportunity to establish a significant presence in a strategic location.

    Property Features for 21800 Shangri-La Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    184,085 SF

    Building Details

    Year Built
    1969

    Unit(s) available at that property

    Space
    Available Space
    Size
    184,085 SF

    HighLights

    • 184,085 SF single‑tenant building in Lexington Park, MD (21800 N Shangri‑La Dr, 20653).
    • Prime location between Route 235 and Great Mills Rd, near Patuxent River Naval Station.
    • Currently vacant, offering significant customization potential for various commercial uses.
    • Mixed‑use building with executive office and retail components.
    • Strong potential for ROI in a thriving Maryland community with a robust workforce.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lexington Park
    County
    St. Mary's
    State
    Maryland
    Longitude
    -76.4560201
    Latitude
    38.2661928

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    FAQs

    What type of property is this?
    Office Property / Space - 184,085 SF Office/Retail, Prime Location
    Where is this office property / space located?
    The property is located at 21800 Shangri-La Dr Lexington Park, MD.
    What are key features of this property?
    This property features: 184,085 SF single-tenant building in Lexington Park, MD (21800 N Shangri-La Dr, 20653).; Prime location between Route 235 and Great Mills Rd, near Patuxent River Naval Station.; Currently vacant, offering significant customization potential for various commercial uses.
    Request Owner's contact information
    21800 Shangri-La Dr Lexington Park, MD 20653
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    Lexington Park, MD 20653
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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
    21800 Shangri-La Dr Lexington Park, MD 20653
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