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    5404 Marlboro Pike District Heights, MD 20747

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space, immediate occupancy.

    Lot size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity is located at 5404 Marlboro Pike in Prince George's County, Maryland, a high-traffic area with excellent visibility. The property, built in 1986, offers two distinct leasing options. First, a 1,850 square foot space, previously a hair salon, is available for lease starting June 30, 2024. Secondly, a 3,000 square foot drive-through pad is available for redevelopment, presenting a unique chance to create a customized retail space. This prime location benefits from its proximity to major thoroughfares, including Marlboro Pike (22,643 ADT), Brooks Drive (14,833 ADT), Walker Mill Road (22,940 ADT), and Pennsylvania Avenue (25,821 ADT), ensuring high daily traffic counts and significant exposure to potential customers. The area boasts a dense population of 180,000 within a three-mile radius, providing a substantial customer base. Furthermore, the property is conveniently located near several established shopping centers, including The Shops at District Heights (90,000 square feet GLA), Penn Station (245,000 square feet GLA), and Silver Hill Plaza (120,000 square feet GLA), offering synergistic benefits and increased foot traffic. This property is ideal for a variety of retail uses and presents a compelling investment opportunity in a thriving commercial area.

    Property Features for 5404 Marlboro Pike

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,000 SF

    Building Details

    Year Built
    1986

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    3,000 SF

    HighLights

    • Retail space for lease in Prince George's County.
    • 1,850 SF former hair salon available June 30, 2024; 3,000 SF drive‑through pad redevelopment opportunity.
    • High traffic counts on Marlboro Pike, Brooks Dr, Walker Mill Rd, and Pennsylvania Ave.
    • Excellent location near major shopping centers and Washington, DC.
    • Dense population of 180,000 within a 3‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    District Heights
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.9148832
    Latitude
    38.8646987

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, immediate occupancy.
    Where is this retail property located?
    The property is located at 5404 Marlboro Pike District Heights, MD.
    What are key features of this property?
    This property features: Retail space for lease in Prince George's County.; 1,850 SF former hair salon available June 30, 2024; 3,000 SF drive-through pad redevelopment opportunity.; High traffic counts on Marlboro Pike, Brooks Dr, Walker Mill Rd, and Pennsylvania Ave.
    Request Owner's contact information
    5404 Marlboro Pike District Heights, MD 20747
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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
    5404 Marlboro Pike District Heights, MD 20747
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