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    50 Watkins Park Dr Upper Marlboro, MD 20774

    For Lease
    Contact for pricing

    Upper Marlboro retail center, 3 suites available.

    Lot size:
    111,403 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Watkins Park Plaza, located at 50 Watkins Park Drive in Upper Marlboro, Maryland 20774, presents a prime retail investment opportunity. This 111,403 square foot strip center and salon space offers a strong mix of convenience-oriented businesses. The property boasts three total suites, with 4,960 square feet currently vacant. Individual spaces range from a minimum of 1,600 square feet to a maximum contiguous space of 1,680 square feet, providing flexibility for various retail concepts. The center is situated at a major intersection in Prince George's County, benefiting from a high-income demographic with an average income exceeding $120,000 within a three-mile radius. This strategic location ensures high visibility and significant foot traffic, making it an ideal location for businesses seeking strong market penetration. The property's multiple tenancy structure provides a diverse tenant base, contributing to overall stability and potential for growth. This is an exceptional opportunity to establish or expand your business in a thriving commercial area. Contact us today to learn more about leasing opportunities at Watkins Park Plaza.

    Property Features for 50 Watkins Park Dr

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    111,403 SF

    Unit(s) available at that property

    Space
    Suite 10
    Size
    1,680 SF
    Space
    Space 11
    Size
    1,600 SF
    Space
    Space 06
    Size
    1,680 SF

    HighLights

    • 111,403 square feet total building area.
    • Three suites currently available for lease.
    • Mid‑Atlantic Division.
    • Located in the Virginia, Maryland, and Washington, D.C. region.
    Property Profile Location Intelligence

    Current Use by Public Records

    Watkins Park Plaza Shopping Mall Fancy Nails ⅼⅼⅼ Nail Salon Nova1 Surplus E Commerce Agency Bethrand I. Ohakweh, ... Pharmacy Amazon Hub Locker ... Mailing 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
    Upper Marlboro
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.7902426
    Latitude
    38.898813

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    FAQs

    What type of property is this?
    Neighborhood center - Upper Marlboro retail center, 3 suites available.
    Where is this neighborhood center located?
    The property is located at 50 Watkins Park Dr Upper Marlboro, MD.
    What are key features of this property?
    This property features: 111,403 square feet total building area.; Three suites currently available for lease.; Mid-Atlantic Division.
    Request Owner's contact information
    50 Watkins Park Dr Upper Marlboro, MD 20774
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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
    50 Watkins Park Dr Upper Marlboro, MD 20774
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