5600 Ager RdHyattsville, MD 20782

Property Details for 5600 Ager Rd

Year built

1956

Construction

BRICK

Lot size

0.32 AC

Property size (Sq ft)

1,134 SF

Zone code

LTOC

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

17-1837400

APU

171837400

Description

This exceptional retail property, located at 5600 Ager Road in Hyattsville, Maryland, presents a fantastic opportunity for a single-tenant business. The building boasts a total of 1,247 square feet of space, all currently vacant and ready for immediate occupancy. The property sits on a 0.32-acre lot and offers convenient parking for 20 vehicles, ensuring ample space for customers and employees. The zoning designation is MXT, providing flexibility for a variety of retail uses. The property's address is 5600 Ager Rd, Hyattsville, MD 20782. Its prime location in Hyattsville offers excellent visibility and accessibility, making it an ideal spot for attracting customers. The building's 1,247 square feet provide a spacious and adaptable layout, perfect for customizing to meet the specific needs of a new tenant. With its ample parking and convenient location, this property is poised to become a thriving retail hub. The property is ready for immediate occupancy, allowing for a quick start to business operations. This is a rare opportunity to secure a well-located, single-tenant retail space in a desirable Maryland market. The property's size and parking make it suitable for a variety of retail concepts. Don't miss this chance to establish your business in this thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $319,626

  6.5%

  $295,039

  7%

  $273,965

• Comparable approach

  Method

  Valuation

  Relative Method

  $196,812

  Geo Method

  $477,261

• Alternative Use

  Use

  Valuation

  Residential

  $248,877

  Hospitality

  $227,970

  Educational

  $189,668

  Medical

  $196,191

  Retail

  $295,039

Location Insight

City

Hyattsville

County

Prince George's

State

Maryland

Latitude

38.9571

Longitude

-76.9673

CBSA code

47900

CBSA name

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

Property Tax & Assessments

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