6615 Central Ave Capitol Heights, MD 20743
- Auto shops
- 5,000 SF
- 0.62 lot acres
Current Use by Public Records
- Mike's Capitol Auto / Auto Repair Shop
- Ballard Foreign Car Repair / Auto Repair Shop
Property Details for 6615 Central Ave
- Year built
- 1996
- Construction
- BRICK
- Lot size
- 0.62 lot acres
- Property size
- 5,000 SF
- Zone code
- CS
- Property type
- Auto shops
- APN
- 18-2064426
- APU
- 182064426
Description
Exceptional opportunity to acquire a well-established auto service center in Capitol Heights, Maryland. This fee-simple property boasts 5,000 square feet of net rentable space housed within a single-story, 1996-built building situated on a substantial 27,134 square foot lot. The asking price is $1,950,000, translating to $390 per square foot. The property features a four-bay garage equipped with seven car lifts and a brand-new alignment machine. Additional amenities include ample office space, multiple restrooms, a shower, and generous parking for 43 vehicles. Its convenient location on a highly trafficked main road offers excellent visibility and accessibility, further enhanced by its proximity to a metro subway station. Just three minutes from Washington, D.C., and five minutes from the Capital Beltway (Route 495), this location provides unparalleled convenience and exposure. The property is zoned CM (Commercial Miscellaneous), allowing for a variety of potential uses. Currently owner-occupied, showings are available only on weekends to avoid business disruption. This is a rare chance to own a thriving, well-maintained auto service center in a prime location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,225,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,150,000
- 6.5%
- $1,280,000
- 7%
- $1,235,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,210,000
- Geo Method
- $1,165,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,125,000
- Retail
- $1,115,000
- Mixed-Use
- $960,000
- Hospitality
- $1,010,000
- Educational
- $1,110,000
- Residential Income
- $1,160,000
- Energy
- $1,265,000
- Income-Based Land
- $1,100,000
- Food Service
- $1,205,000
Location Insight
- Map
- Local Demand
- City
- Capitol Heights
- County
- Prince George's
- State
- Maryland
- Longitude
- -76.8923
- Latitude
- 38.8871
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
