5462 Annapolis Rd Bladensburg, MD 20710
- Other commercial real estate
- 1,056 SF
- 0.19 lot acres
Current Use by Public Records
- Parkway Insurance Agency Auto Home Business Life / Life Insurance Agency / Insurance Agency
- Westfall Barbara / Insurance Agency
Property Details for 5462 Annapolis Rd
- Year built
- 1943
- Construction
- FRAME
- Lot size
- 0.19 lot acres
- Property size
- 1,056 SF
- Zone code
- CGO
- Property type
- Other commercial real estate
- APN
- 02-0084392
- APU
- 20084392
Description
This exceptional mixed-use property at 5462 Annapolis Road, Bladensburg, MD, presents a unique investment opportunity. The 1,738 square foot building sits on a 0.19-acre lot (8,350 square feet), offering ample space and potential for expansion. Currently configured as commercial office space, it's ideally suited for a variety of businesses. The 1,056 square foot main level features a modern kitchen and a full bathroom, providing a comfortable and functional workspace. An unfinished basement offers significant flexibility for future growth and customization, allowing for expansion or the creation of additional office space, storage, or other uses. Recent upgrades include a new HVAC system and water heater, ensuring efficient and cost-effective operation. The property benefits from its prime location near major transportation arteries, providing easy accessibility for clients and employees. Ample parking is available on the expansive lot. This property is priced at $425,000 and represents a compelling opportunity for entrepreneurs and investors seeking a versatile and well-located commercial space in Bladensburg, Maryland. The combination of modern amenities, convenient location, and expansion potential makes this a truly attractive offering.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $240,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $255,000
- 6.5%
- $245,000
- 7%
- $265,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $280,000
- Geo Method
- $290,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $320,000
- Retail
- $240,000
- Mixed-Use
- $305,000
- Hospitality
- $280,000
- Educational
- $315,000
- Residential Income
- $300,000
- Energy
- $285,000
- Income-Based Land
- $285,000
- Food Service
- $240,000
Location Insight
- Map
- Local Demand
- City
- Bladensburg
- County
- Prince George's
- State
- Maryland
- Longitude
- -76.9225
- Latitude
- 38.9393
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA