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Property profile & analytics

2950 Donnell Dr Forestville, MD 20747

  • Grocery and convenience stores
  • 59,196 SF
  • 10.33 lot acres
Value Estimation
Last Sale
May 16, 2024
$2,603,000
Location Intelligence
Property ID
US40-1232016
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

  • Grocery and convenience stores

Property Details for 2950 Donnell Dr

Year built
1997
Construction
BRICK
Lot size
10.33 lot acres
Property size
59,196 SF
Zone code
CGO
Property type
Grocery and convenience stores
APN
06-3763729
APU
63763729

Description

Penn Mar Shopping Center, located at 2950 Donnell Dr, Forestville, MD 20747, presents a compelling investment opportunity in a thriving Prince George's County retail market. This established shopping center offers a total of 378,205 square feet of retail space, divided into ten suites. The property boasts a diverse range of tenancy options, making it ideal for a variety of businesses. Currently, there are 24,668 square feet of vacant space available, offering significant potential for expansion and customization. Units range in size from a minimum of 1,196 square feet to a maximum contiguous space of 5,865 square feet, providing flexibility for businesses of various scales. The property's strategic location in Forestville, Maryland ensures high visibility and accessibility for customers. This is an exceptional opportunity to acquire a well-positioned retail center with significant upside potential. The property is currently available for lease, offering a chance to secure a prime location in a growing market. Interested parties are encouraged to inquire for further details and leasing options. The property's address is easily accessible and well-suited for a variety of retail uses. The available space presents a unique opportunity to establish or expand a business within a well-established shopping center.

Value Estimation

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

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
District Heights
County
Prince George's
State
Maryland
Longitude
-76.8836
Latitude
38.8489
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
$212,760
$4,498,600
$14,634,500
$19,133,100
-
$4,498,600
$14,634,500
$19,133,100
More about this property
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