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    MD Glenn Dale Rd Lanham, MD 20706

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    For Lease
    Contact for pricing

    1 Acre Retail Site, Glenn Dale, MD

    Lot size:
    39,640 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.91-acre retail property presents a prime development opportunity in the thriving Glenn Dale submarket of Prince George's County, Maryland. Located at the highly visible and traffic-controlled intersection of Greenbelt Road and Mission Drive, this site boasts excellent accessibility and strong visibility. The property is zoned MXT, offering flexibility for a variety of retail developments. The location benefits from a robust daytime population fueled by the nearby NASA/Goddard Space Flight Center, employing over 10,000 individuals. This translates to a significant and readily available customer base for any retail venture. The site is ideal for developers seeking to capitalize on the area's strong demographics and convenient location. One retail space is currently available for lease. The property's address is in Glenn Dale, MD, zip code 20706, within Prince George's County. This presents a unique chance to establish a successful retail presence in a high-demand area with significant growth potential. The property's strategic location and zoning regulations make it an attractive investment for businesses seeking to expand their reach or establish a new presence in a thriving community. This is a rare opportunity to secure a prominent retail location in a rapidly developing area.

    Property Features for MD Glenn Dale Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    39,640 SF

    Unit(s) available at that property

    Space
    .91 Acres
    Size
    39,640 SF

    HighLights

    • 0.91‑acre retail property in Glenn Dale, MD (20760), Prince George's County.
    • High‑visibility corner lot at Greenbelt Road and Mission Drive intersection.
    • MXT zoning allows for diverse retail development.
    • Strong daytime population due to proximity to NASA Goddard Space Flight Center (10,000+ employees).
    • One retail space currently available for lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lanham
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.823318650237
    Latitude
    38.992169462775

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    FAQs

    What type of property is this?
    Retail property - 1 Acre Retail Site, Glenn Dale, MD
    Where is this retail property located?
    The property is located at MD Glenn Dale Rd Lanham, MD.
    What are key features of this property?
    This property features: 0.91-acre retail property in Glenn Dale, MD (20760), Prince George's County.; High-visibility corner lot at Greenbelt Road and Mission Drive intersection.; MXT zoning allows for diverse retail development.
    Request Owner's contact information
    MD Glenn Dale Rd Lanham, MD 20706
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    Lanham, MD 20706
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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
    MD Glenn Dale Rd Lanham, MD 20706
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