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Property profile & analytics
OFF-MARKET
Office Spaces

21800 Shangri-La Dr Lexington Park, MD 20653

184,085 SF Built 1969
Property ID
Property summary
AI-generated overview

This exceptional 184,085-square-foot single-tenant property in Lexington Park, Maryland, presents a unique investment opportunity. Located at 21800 N Shangri-La Dr, zip code 20653, this mixed-use building boasts a prime location strategically situated between the high-traffic Route 235 and Great Mills Road. Its proximity to the Patuxent River Naval Station entrance ensures high visibility and accessibility to a substantial population base. Built in 1969, the entire space is currently vacant, offering a blank canvas for a wide range of commercial ventures. The property's executive office and retail components cater to both business and consumer needs, creating a synergistic environment. The building's substantial size allows for significant customization and development potential, making it ideal for a large-scale operation or a collection of smaller businesses. The diverse retail uses already present add value to the surrounding residential areas and the nearby Naval Station. This property offers a rare chance to acquire a substantial commercial space in a thriving Maryland community with strong potential for growth and return on investment. The St. Mary's County location provides access to a robust workforce and a supportive business environment. This is an unparalleled opportunity to establish a significant presence in a strategic location.

Property profile
Verified
Property type Office Spaces
Year built 1969
Total area 184,085 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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