Property profile

1331 Chillum Rd Hyattsville, MD 20782

OFF-MARKET
Grocery and convenience stores
Property ID
US40-1491442
2,708 SF 0.27 ac lot Built 1967
Individually Owned 22-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional sublease opportunity presents a 3,200+ square foot retail space located at 1331 Chillum Road in Hyattsville, Maryland. Previously occupied by a 7-Eleven, this single-tenant property in Prince George's County offers immediate occupancy and a sublease term extending through October 31, 2027. The space is categorized as a convenience store and is zoned CSC, making it suitable for a variety of retail or service businesses. The property boasts a highly desirable location on Chillum Road, ensuring excellent visibility and access to a substantial customer base due to the high traffic volume. The space comes fully equipped with a built-in cooler, representing a significant advantage for prospective tenants. This turnkey solution eliminates the need for extensive renovations or equipment purchases, allowing for a swift and efficient business launch. The property's address is 1331 Chillum Road, Hyattsville, MD 20782. Its convenient location and existing infrastructure make this an unparalleled opportunity for entrepreneurs seeking a well-established retail space in a thriving community. The property's geographic coordinates are latitude 38.9578314 and longitude -76.9865729.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1967
Construction BRICK
Total area 2,708 SF
Lot 0.27 ac (11,778 SF)
Zoning code CGO
APN 17-1943992
UPID US40-1491442

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store
  • Cinema (Bike/Boat/Book/etc) Store
  • Postal Service Courier Service
  • Atm
  • Locksmith (Bike/Boat/Book/etc) Store

Location

1331 Chillum Rd Hyattsville, MD 20782-2332
Hyattsville metro Census 804900 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$505k
Blend (final) Blend
$595k

Owner & transaction history

Zoning & alternative use

CGO · Hyattsville, MD
Zoning description

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…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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