Property profile

9805 Rhode Island Ave College Park, MD 20740

OFF-MARKET
Lifestyle centers
49,193 SF 9 ac lot Built 1975
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Property summary

AI-generated overview

This exceptional 49,193 square foot shopping center, located at 9805 Rhode Island Ave in College Park, Maryland, presents a compelling investment opportunity. Built in 1975 and renovated in 1999, the Class B property boasts a single story design with ample parking (200 spaces). Currently, there are three available retail spaces ranging from 1,000 to 1,200 square feet. The center sits on 9 acres of land with a building floor area ratio (FAR) of 0.12 and is zoned CSC, County. The property is situated in the College Park submarket of North Prince George's County and enjoys a strong tenant base, including MOM's Organic Market, Proteus Bicycles, and Concentra. With 4,009 square feet currently vacant, this presents a unique chance to expand your business or add valuable tenants to an already successful center. The property offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. This is a rare opportunity to acquire a well-established retail center in a thriving community. The property features no elevators.

Property profile

Verified
Property type Lifestyle centers
Year built 1975
Total area 49,193 SF
Lot 9 ac (392,040 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

9805 Rhode Island Ave College Park, MD 20740
College Park metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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