Property summary
This exceptional investment opportunity presents a fee-simple ownership of a thriving Citgo gas station, convenience store, and auto shop located at 9891 Rhode Island Ave, College Park, MD 20740. The property boasts a 14.7-year remaining lease term (commencing September 1, 2024, and expiring August 11, 2039) with a highly desirable absolute NNN lease structure, ensuring minimal landlord responsibilities. The current tenant, Citgo, enjoys 100% occupancy and generates a substantial net… operating income (NOI) of $228,000, translating to an attractive 7.5% capitalization rate. Built in 1957, the 1,734 square foot property benefits from built-in rent bumps of 2% annually, providing inflation protection. The property's strategic location in College Park, Maryland, enjoys excellent traffic volume (10,000 vehicles per day) and proximity to I-95 (214,000 vehicles per day), ensuring consistent customer flow. The surrounding area's strong demographics (100,000 households and 359,000 residents within a 5-mile radius) further solidify the property's long-term value and resilience. This sale-leaseback transaction offers a passive investment opportunity with significant returns and inherent recession resistance, making it an ideal addition to any diversified portfolio. The asking price is $3,040,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 3 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
1 recorded sale · 12 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,734 SF
- Lot area
- 0.57 ac
- Year built
- 1964
- Stories
- 1
- APN
- 21-2321925
- Zoning
- CGO
- Assessed value · 2023
- $873,500
- Annual tax · 2023
- $12,035
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The purposes of the Commercial, General and Office (CGO) Zone are to provide lands for a diverse range of business, civic, and mixed use development, typically at or near major intersections where visibility and good acc…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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