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Property profile & analytics

1804 University E Blvd Hyattsville, MD 20783-4623

  • Automotive properties
  • 17,780 SF
  • 1.85 lot acres
OFF-MARKET
Value Estimation
$810,000
Last Sale
Mar 17, 2023
$695,400
Location Intelligence
Property ID
US40-1215903
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Pep Boys / Auto Repair Shop / Oil Change Service
  • Auto Plus Auto Parts / Auto Parts Store

Property Details for 1804 University E Blvd

Year built
1988
Construction
BRICK
Lot size
1.85 lot acres
Property size
17,780 SF
Zone code
LTOC
Property type
Automotive properties
APN
17-1952746
APU
171952746

Description

This exceptional 17,370-square-foot retail property, located at 1804 University Blvd E in Hyattsville, Maryland, presents a unique investment opportunity. Built in 1988, this single-story building sits on a single lot in Prince George's County and currently houses a Pep Boys operation. A significant portion of the space, totaling 8,737 square feet, is currently vacant and available for lease. The existing tenant, Pep Boys, occupies the remaining space and will continue its tire and auto repair operations. The vacant space is divisible, with potential tenant spaces ranging from approximately 3,200 to 11,500 square feet. Ideal uses for the vacant space include, but are not limited to, medical facilities (dialysis or plasma centers), childcare centers, doggie daycares, discount retailers, mattress/furniture stores, tool and hardware stores, and automotive-related businesses that do not directly compete with the existing Pep Boys tire and repair services (e.g., collision centers, auto glass repair, or non-competing auto parts retailers). The property owner is open to negotiating cash allowances, contingent upon a rent structure that ensures a reasonable return on investment. The lease terms are highly flexible, offering significant advantages to prospective tenants. This property offers a compelling combination of location, size, and flexibility, making it an attractive prospect for a variety of businesses. The property's zip code is 20783.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $865,000
  • CAP approach

    CAP return
    Estimation
    6%
    $705,000
    6.5%
    $625,000
    7%
    $720,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $740,000
    Geo Method
    $740,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $680,000
    Retail
    $620,000
    Mixed-Use
    $545,000
    Hospitality
    $570,000
    Educational
    $730,000
    Residential Income
    $675,000
    Energy
    $690,000
    Income-Based Land
    $535,000
    Food Service
    $590,000

Location Insight

  • Map
  • Local Demand
City
Hyattsville
County
Prince George's
State
Maryland
Longitude
-76.9799
Latitude
38.9851
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$28,604
$0.00
$0.00
$2,572,300
-
$1,612,500
$1,115,600
$2,728,100
More about this property
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