Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    309 Ritchie Rd Capitol Heights, MD 20743-3615

    • Distribution centers
    • 3,615 SF
    • 0.30 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US40-0921414
    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

    • Trippe Sports & Promotions / Promotional Products Supplier / Custom T-Shirt Store
    • liberty new and used tire shop / Tire Repair Shop / Used Tire Shop
    • Trippe Supply Company of Washington, DC / Construction Material Wholesaler

    Property Details for 309 Ritchie Rd

    Year built
    1977
    Construction
    BRICK
    Lot size
    0.30 lot acres
    Property size
    3,615 SF
    Zone code
    IE
    Property type
    Distribution centers
    APN
    18-2098838
    APU
    182098838

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $405,000
      6.5%
      $345,000
      7%
      $365,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $360,000
      Geo Method
      $360,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $410,000
      Retail
      $355,000
      Mixed-Use
      $325,000
      Hospitality
      $340,000
      Educational
      $315,000
      Residential Income
      $345,000
      Energy
      $340,000
      Income-Based Land
      $385,000
      Food Service
      $425,000

    Location Insight

    • Map
    • Local Demand
    City
    Capitol Heights
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.8612
    Latitude
    38.8849
    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
    $3,442
    $132,300
    $177,200
    $309,500
    -
    $132,300
    $177,200
    $309,500

    Comparable in this City

    • Value Estimation by Request
      35,286 SF

      8545 Edgeworth Dr

      DISTRIBUTION WAREHOUSE • 35,286 SF
      8545 Edgeworth Dr, Capitol Heights, MD 20743-3741
      View Details
    • Value Estimation by Request
      56,700 SF

      1100 Hampton Park Blvd

      DISTRIBUTION WAREHOUSE • 56,700 SF
      1100 Hampton Park Blvd, Capitol Heights, MD 20743-4939
      View Details
    • Value Estimation
      $7,785,000
      17,232 SF

      9300 Alaking Ct

      DISTRIBUTION WAREHOUSE • 17,232 SF
      9300 Alaking Ct, Capitol Heights, MD 20743-5057
      View Details
    • Value Estimation
      $5,650,000
      19,738 SF

      8540 Ashwood Dr

      DISTRIBUTION WAREHOUSE • 19,738 SF
      8540 Ashwood Dr, Capitol Heights, MD 20743-3718
      View Details
    • Value Estimation
      $4,715,000
      28,350 SF

      8601 Ashwood Dr

      DISTRIBUTION WAREHOUSE • 28,350 SF
      8601 Ashwood Dr, Capitol Heights, MD 20743-3721
      View Details
    • Value Estimation
      $1,890,000
      7,068 SF

      6180 Central Ave

      DISTRIBUTION WAREHOUSE • 7,068 SF
      6180 Central Ave, Capitol Heights, MD 20743-6148
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      44,000 SF

      Capitol Heights Industrial Asset

      Industrial asset in Capitol Heights with outdoor storage.
      8520-8540 Ashwood Dr, Capitol Heights, MD 20743
      View Details
    • Contact for pricing
      29,369 SF

      Capitol Heights Industrial Space Available

      Industrial space near Washington DC with excellent accessibility.
      9200-9216 Hampton Overlook, Capitol Heights, MD 20743
      View Details
    • $4,620,000
      42,000 SF

      Capitol Heights Industrial Building For Sale

      42,000 SF industrial building with I-E zoning.
      223 Westhampton Ave, Capitol Heights, MD 20743
      View Details
    • $2,300,000

      Multi-Tenant Industrial Asset For Sale

      13,455 SF multi-tenant industrial asset on 1.02 acres.
      6118 Old Central Ave, Capitol Heights, MD 20743
      View Details
    • $2,300,000
      13,455 SF

      Multi-Tenant Industrial Asset For Sale

      13,455 SF multi-tenant industrial asset on 1.02 acres.
      6118 Central Ave, Capitol Heights, MD 20743
      View Details
    • $1,800,000

      Capitol Heights Industrial Opportunity

      6,316 sq ft building on .34-acre lot near Washington DC.
      116 Ritchie Rd, Capitol Heights, MD 20743
      View Details

    Similar Nearby for Lease

    • $4,000 /Mo
      2,513 SF

      Capitol Heights Industrial Condo For Rent

      2,513 SF industrial condo in Capitol Heights, MD for lease.
      8741 Ashwood Dr, Capitol Heights, MD 20743
      View Details
    • Contact for pricing
      46,610 SF

      Capitol Heights Warehouse and Distribution

      Class A warehouse and distribution space with refrigeration and office.
      1001 Hampton Park Blvd, Capitol Heights, MD 20743
      View Details
    • Contact for pricing
      64,250 SF

      Capitol Heights Warehouse Space

      64,250 SF warehouse with I-95/495 access.
      9200 Alaking Ct, Capitol Heights, MD 20743
      View Details
    • $4,500 /Mo

      4,000 SF Warehouse with Dock

      Warehouse space for lease with loading dock and parking.
      1769 Olive St, Capitol Heights, MD 20743
      View Details
    • Contact for pricing
      71,000 SF

      Industrial Space Near Capital Beltway

      Industrial suites available near major transportation routes and local amenities.
      9240-9250 Hampton Overlook, Capitol Heights, MD 20743
      View Details
    • Contact for pricing
      35,000 SF

      Capitol Heights Warehouse Space Available

      35,000 SF warehouse space with convenient highway access.
      8700-8800 Edgeworth Dr, Capitol Heights, MD 20743
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    309 Ritchie Rd
    Capitol Heights, MD 20743-3615
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.