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    1331 Chillum Rd Chillum, MD 20782

    Sponsored
    For Lease
    $30 SF/Yr

    Prime Chillum Rd location, 3200+ sq ft.

    Lot size:
    3,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional sublease opportunity presents a 3,200+ square foot retail space located at 1331 Chillum Road in Hyattsville, Maryland. Previously occupied by a 7-Eleven, this single-tenant property in Prince George's County offers immediate occupancy and a sublease term extending through October 31, 2027. The space is categorized as a convenience store and is zoned CSC, making it suitable for a variety of retail or service businesses. The property boasts a highly desirable location on Chillum Road, ensuring excellent visibility and access to a substantial customer base due to the high traffic volume. The space comes fully equipped with a built-in cooler, representing a significant advantage for prospective tenants. This turnkey solution eliminates the need for extensive renovations or equipment purchases, allowing for a swift and efficient business launch. The property's address is 1331 Chillum Road, Hyattsville, MD 20782. Its convenient location and existing infrastructure make this an unparalleled opportunity for entrepreneurs seeking a well-established retail space in a thriving community. The property's geographic coordinates are latitude 38.9578314 and longitude -76.9865729.

    Property Features for 1331 Chillum Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,200 SF

    Unit(s) available at that property

    Space
    Size
    3,200 SF
    Rate per SF
    $30

    HighLights

    • Excellent location.
    • High‑visibility signage opportunity.
    • Turnkey space with built‑in cooler.
    • Sublease term expires October 31, 2027.
    • Ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    7-Eleven Convenience Store Redbox Movie Rental Kiosk Amazon Locker - Sarah Mailing Service USAA Atm KeyMe Locksmiths Key Duplication Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chillum
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.9865729
    Latitude
    38.9578314

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Individual retail property - Prime Chillum Rd location, 3200+ sq ft.
    Where is this individual retail property located?
    The property is located at 1331 Chillum Rd Chillum, MD.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: Excellent location.; High-visibility signage opportunity.; Turnkey space with built-in cooler.
    Request Owner's contact information
    1331 Chillum Rd Chillum, MD 20782
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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
    1331 Chillum Rd Chillum, MD 20782
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