Property profile

2509 Ritchie Rd District Heights, MD 20747

OFF-MARKET
Commercial real estate
Property ID
US40-0353444
1,664 SF 4.4 ac lot Built 1931
Individually Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1931
Construction FRAME
Total area 1,664 SF
Lot 4.4 ac (191,664 SF)
Zoning code RSF95
APN 06-0485656
UPID US40-0353444

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
  • Daycare Center

Location

2509 Ritchie Rd District Heights, MD 20747-3739
District Heights metro Census 802203 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.09M
CAP Approach CAP
by Request
Comparable Approach Comparable
$771k
Blend (final) Blend
$1.15M

Owner & transaction history

since 2023
Last sale
$925,000
3 recorded transactions
2023
$925,000
2004
Price N/A
2004
Price N/A

Zoning & alternative use

RSF95 · District Heights, MD
Top alternative use upside
Neighborhood: shopping center $1.3M +136.4%
Retail stores $695,000 +26.6%
Auto repair, garage $690,000 +25.9%

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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