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    3711 Forestville Rd District Heights, MD 20747
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    Property profile & analytics

    3711 Forestville Rd District Heights, MD 20747

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    • Commercial real estate
    • 1.50 lot acres
    Off-Market
    Property ID
    US40-2346213
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 3711 Forestville Rd

    Lot size
    1.50 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 1.5-acre commercial land parcel presents a unique investment opportunity in District Heights, Maryland. Located at 3711 Forestville Road, zip code 20747, this property boasts a prime location within Prince George's County, offering convenient access to major transportation arteries. Specifically, it enjoys easy access to I-495 (the Capital Beltway) and Washington, D.C., making it strategically positioned for businesses requiring efficient logistics. The property's proximity to Joint Base Andrews and the Census Bureau further enhances its appeal. Zoned IH (Heavy Industrial), this versatile lot is perfectly suited for a wide range of industrial uses. Potential applications include, but are not limited to, a laydown yard, scrap yard, landscaping company operations, heavy equipment storage, or truck storage facilities. Utilities are conveniently located on Forestville Road, in close proximity to the parcel, simplifying development and operational costs. This is a rare opportunity to acquire a substantial industrial lot in a high-demand area with excellent connectivity and diverse usage potential. Don't miss this chance to secure a valuable asset in a thriving commercial corridor.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    District Heights
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.876488
    Latitude
    38.837004

    Comparable in this City

    • Contact for pricing

      1.441 Acres at Marlboro Pike

      1.441 acres of commercial land at signalized intersection.
      Marlboro Pike, District Heights, MD 20747
      View Details
    • $120,000
      0.30 Acres

      Land in District Heights, MD

      Commercial land available near I-495 and I-295.
      2017 County Rd, District Heights, MD 20747
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    • $99,000
      0.74 Acres

      District Heights Land For Sale

      0.74-acre lot for single-family home construction in District Heights, MD.
      2916 Norman Dr, District Heights, MD 20747
      View Details
    • $425,000
      1.44 Acres

      District Heights Vacant Commercial Land

      1.44+/- acre outparcel in a strong commercial corridor.
      6301 Marlboro Pike, District Heights, MD 20747
      View Details
    • $200,000

      Commercial Lot Ready For Development

      Excellent commercial lot with opportunity to build in District Heights.
      2017 County Rd, District Heights, MD 20747
      View Details
    • New
      $250,000
      1.50 Acres

      District Heights Commercial Zoned Land

      1.5 acres of commercial land in District Heights, MD.
      Walters Ln, District Heights, MD 20747
      View Details

    Similar Nearby for Sale

    • $200,000

      Commercial Lot Ready For Development

      Excellent commercial lot with opportunity to build in District Heights.
      2017 County Rd, District Heights, MD 20747
      View Details
    • New
      $250,000
      1.50 Acres

      District Heights Commercial Zoned Land

      1.5 acres of commercial land in District Heights, MD.
      Walters Ln, District Heights, MD 20747
      View Details
    • Contact for pricing

      1.441 Acres at Marlboro Pike

      1.441 acres of commercial land at signalized intersection.
      Marlboro Pike, District Heights, MD 20747
      View Details
    • $120,000
      0.30 Acres

      Land in District Heights, MD

      Commercial land available near I-495 and I-295.
      2017 County Rd, District Heights, MD 20747
      View Details
    • $99,000
      0.74 Acres

      District Heights Land For Sale

      0.74-acre lot for single-family home construction in District Heights, MD.
      2916 Norman Dr, District Heights, MD 20747
      View Details
    • $425,000
      1.44 Acres

      District Heights Vacant Commercial Land

      1.44+/- acre outparcel in a strong commercial corridor.
      6301 Marlboro Pike, District Heights, MD 20747
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10 SF

      Commercial Land Build-to-Suit Site

      Up to 10 acres available for build-to-suit opportunities.
      4110 Suit Rd, District Heights, MD 20747
      View Details
    • $12,083 /Mo

      Land for Rent

      Land available for rent in District Heights, Maryland.
      7104 Marlboro Pike, District Heights, MD 20747
      View Details
    • Contact for pricing
      176,244 SF

      Industrial Space with Expansion Potential

      176,244± SF available with expansion, docks, and storage.
      3300 Marlo Ln, Forestville, MD 20747
      View Details
    • $13 SF/Yr

      Flex Space Near I-495

      Sublease opportunity with convenient access to major transportation routes.
      7701-7703 Penn Belt Dr, Forestville, MD 20747
      View Details
    • Contact for pricing
      5,865 SF

      Retail Space Near Major Highways

      Retail space with high traffic and easy highway access.
      2950-3436 Donnell Dr, Forestville, MD 20747
      View Details
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    3711 Forestville Rd
    District Heights, MD 20747
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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