Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    13203-13217 Old Fort Rd Fort Washington, MD 20744
    Property profile & analytics

    13203-13217 Old Fort Rd, Fort Washington, MD 20744

    View on Map
    • Land
    • 6.24 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 13203-13217 Old Fort Rd

    Lot size
    6.24 lot acres
    Property type
    Land

    Description

    This exceptional 6.239-acre commercial land parcel in Fort Washington, Maryland, presents a unique investment opportunity. The property, located at 13203-13217 Old Fort Road, zip code 20744, is comprised of six (6) separately recorded lots, offering significant development potential. Currently zoned R-80 (Single Family Detached), this land provides flexibility for various residential projects. Its strategic location offers easy access to major transportation arteries, including Indian Head Highway and I-95, ensuring convenient commutes and excellent connectivity. The area boasts a wealth of nearby shopping and amenities, enhancing its appeal and potential for future growth. Furthermore, the property benefits from proximity to Water Systems Area 3 and Sewer Systems Area 3, with water and sewer services readily available nearby. Situated within an active residential development area, this land parcel enjoys excellent amenity support and presents an exceptionally well-priced opportunity to acquire hard-to-find buildable lots in a thriving community. The asking price for this remarkable property is $480,000. Don't miss this chance to secure a prime piece of land in a high-demand location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fort Washington
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.9977
    Latitude
    38.7108

    Comparable in this City

    • Value Estimation by Request
      7.43 Acres

      11406 Indian Head Hwy

      Land
      11406 Indian Head Hwy, Fort Washington, MD 20744
      View Details
    • Value Estimation by Request
      5.97 Acres

      Allentown Rd

      Land
      0 Allentown Rd, Fort Washington, MD 20744
      View Details
    • Value Estimation by Request
      9.20 Acres

      9706 Thorncrest Dr

      Land
      9706 Thorncrest Dr, Fort Washington, MD 20744
      View Details
    • Value Estimation by Request

      9102 Cooper Dr

      Land
      9102 Cooper Dr, Fort Washington, MD 20744
      View Details
    • Value Estimation by Request
      0.97 Acres

      8115 Oxon Hill Rd

      Land
      8115 Oxon Hill Rd, National Harbor, MD 20744
      View Details
    • Value Estimation by Request
      124.00 Acres

      6336 Rosecroft Dr

      Specialty properties
      6336 Rosecroft Dr, Fort Washington, MD 20744
      View Details

    Similar Nearby for Sale

    • $100,700

      Land For Sale

      Land available for purchase in Fort Washington, MD.
      13024 Old Fort Rd, Fort Washington, MD 20744
      View Details
    • $229,999

      Land for Sale

      Land available in Prince Georges County.
      1005 Sero Estates Dr, Fort Washington, MD 20744
      View Details
    • $80,000

      Large Lot in Fort Washington

      3.0190 acre lot with access from Holly Rd.
      Holly Rd, Fort Washington, MD 20744
      View Details
    • Contact for pricing
      1,298 SF

      Land For Sale

      0.498 acre land available for purchase.
      1612 Ferguson Ln, Fort Washington, MD 20744
      View Details
    • Contact for pricing

      Commercial Pad Site Available

      Located on a busy intersection, perfect for various commercial uses.
      12000 Livingston Rd, Fort Washington, MD 20744
      View Details
    • $65,000
      1.18 Acres

      Residential Land in Fort Washington

      Ready-to-build land with utilities in a family-friendly neighborhood.
      500 Holly Rd, Fort Washington, MD 20744
      View Details

    Similar Nearby for Lease

    • $1,900 /Mo

      Office/Salon Space in Fort Washington

      Office space with open floor plan in Fort Washington.
      12821 Old Fort Rd, Fort Washington, MD 20744
      View Details
    • Contact for pricing

      Fort Washington Office Space Available

      Office space in well-managed building with ample parking.
      10901 Indian Head Hwy, Fort Washington, MD 20744
      View Details
    • Contact for pricing
      7,836 SF

      Retail Space Near Medical Center

      Neighborhood shopping center anchored by Safeway near Fort Washington Hospital.
      900-952 E Swan Creek Rd, Fort Washington, MD 20744
      View Details
    • Contact for pricing

      Oxon Hill Class B Office

      Three-story office building near Capital Beltway and local amenities.
      Oxon, Fort Washington, MD 20744
      View Details
    • Contact for pricing

      Turnkey Office Suites in Fort Washington

      Turnkey office suites available near major amenities and transportation routes.
      Fort Pl, Fort Washington, MD 20744
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    13203-13217 Old Fort Rd
    Fort Washington, MD 20744
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    13203-13217 Old Fort Rd, Fort Washington, MD, 20744
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!