Property summary
This exceptional 1,316 square foot industrial property, situated on a sizable 0.86-acre lot in West Hyattsville, MD, presents a unique investment opportunity. Boasting a prime location near the West Hyattsville Metro Station, this property enjoys high visibility and excellent accessibility. The existing structure includes a small office building, two garages, and two separate lifts, reflecting its long history as an auto-related business—a business that has operated successfully on this site for over 30 years. The property is being sold "as is," offering a blank canvas for a discerning buyer. The large, flat lot provides ample space for expansion or redevelopment. The Prince George's County government has proposed new CS zoning for this area, potentially unlocking further development possibilities. This high-traffic location makes it an ideal site for a variety of uses, particularly auto service businesses, but also suitable for other small-scale industrial operations. The property's history, combined with its strategic location and zoning potential, makes it a compelling investment prospect. Serious inquiries are encouraged to explore the full potential of this remarkable property. The address is 2440 Chillum Road, Hyattsville, MD.
Property profile
VerifiedCap rate & NOI
Current use
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Car Dealership
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
LTOC · Hyattsville, MDZoning
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Zoning designation
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The district profile from the municipal source: what is on file for LTOC in Hyattsville, MD.
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