4001 Powder Ml Rd Beltsville, MD 20705-3105
- Commercial land
- 0.18 lot acres
Current Use by Public Records
- AMC Center Park 8 / Movie Theater
- AMC / Movie Theater
Property Details for 4001 Powder Ml Rd
- Lot size
- 0.18 lot acres
- Zone code
- CGO
- Property type
- Commercial land
- APN
- 01-3373651
- APU
- 13373651
Description
This exceptional investment opportunity presents a 40,000-square-foot, single-tenant, net-leased AMC Theatre located at 4001 Powder Mill Rd, Beltsville, MD 20705. The property boasts a strong 8.00% cap rate and a substantial net operating income (NOI) of $618,925. Currently operating under a ground lease with a remaining term of 5.6 years, the lease extends to June 30, 2030, with a 10-year option. Built in 1993 and renovated in 2015, this well-maintained property features approximately 900 AMC signature recliner seats across eight screens. The 2.19-acre lot provides ample parking for 692 vehicles. Situated in Prince George's County within the Washington, D.C. metropolitan statistical area, this prime location benefits from high visibility on Powder Mill Road, with over 34,000 vehicles passing daily. The CGO zoning allows for versatile future uses, including commercial office, retail, and multi-family development. An assumable $1,000,000 loan at 4% interest is available, expiring in June 2029. The asking price is $7,736,563, translating to a price per square foot of $193.41. This is a rare opportunity to acquire a high-performing, net-leased asset in a desirable location with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Beltsville
- County
- Prince George's
- State
- Maryland
- Longitude
- -76.9374
- Latitude
- 39.0458
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
