9300 Lottsford RdLargo, MD 20774

Property Details for 9300 Lottsford Rd

Year built

2015

Lot size

6.62 AC

Property size (Sq ft)

315 SF

Zone code

RTOHE

Property type

Residential income properties

Property subtype

Other apartment buildings

APN

13-5524890

APU

135524890

Description

This exceptional Class A retail property, The Tapestry, offers 1,313 to 6,335 square feet of ground floor space within a vibrant 318-unit mixed-use development in Largo, Maryland. Located at 9300 Lottsford Rd, 20774, this prime retail space boasts excellent visibility at the signalized intersection of Arena Drive and Lottsford Road, ensuring high foot traffic and brand exposure. The property features convenient access to I-495 and is just an 8-minute walk from the Largo Town Center Metro Station, providing easy accessibility for customers and employees. The building itself totals 320,000 square feet, with a 5-story structure built in 2015. The property includes 156 parking spaces and elevators for convenient access. The zoning is MUI, and the property sits on 9.24 acres of land with a building floor area ratio of 0.8. Its strategic location directly across from the University of Maryland Capital Region Medical Center further enhances its appeal and potential for a wide range of retail businesses. Multiple spaces are available, with a minimum divisible space of 320,000 square feet and a maximum contiguous space of 4,935 square feet. This presents a unique opportunity for businesses seeking high-visibility retail space in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $63,130

  6.5%

  $58,274

  7%

  $54,112

• Comparable approach

  Method

  Valuation

  Relative Method

  $28,522

  Geo Method

  $81,543

• Alternative Use

  Use

  Valuation

  Residential

  $58,274

  Hospitality

  $53,379

  Educational

  $44,411

  Medical

  $45,938

  Retail

  $69,083

Location Insight

City

Upper Marlboro

County

Prince George's

State

Maryland

Latitude

38.905

Longitude

-76.8424

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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