Property profile

401 Eastern Ave Capitol Heights, MD 20743

OFF-MARKET
Grocery and convenience stores
Property ID
US40-1323354
9,880 SF 0.45 ac lot Built 1952
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional freestanding commercial property at 401 Eastern Ave NE in Seat Pleasant, Maryland, presents a unique opportunity for retail businesses. The single-tenant building boasts a substantial 15,000 square feet of space, perfectly suited for a variety of uses. The building's layout includes a 10,000 square foot main level and a 5,000 square foot basement, providing ample room for inventory, operations, or additional retail space. Convenient loading facilities are also available, ensuring efficient logistics. Situated on a 0.72-acre lot, the property benefits from exceptional visibility to a high volume of daily traffic – 37,835 vehicles per day – ensuring significant exposure to potential customers. Its strategic location offers easy access to major transportation routes, enhancing accessibility for both employees and customers. The property is entirely vacant, providing a blank canvas for a new tenant to customize and develop the space to meet their specific needs. This is an ideal location for businesses seeking high visibility and convenient access in a thriving community. The property's zip code is 20743. This is a rare opportunity to acquire a substantial retail space in a prime location.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1952
Construction BRICK
Total area 9,880 SF
Lot 0.45 ac (19,590 SF)
Zoning code CGO
APN 18-2033330
UPID US40-1323354

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
  • Discount Store
  • Atm

Location

401 Eastern Ave Capitol Heights, MD 20743-1675
Capitol Heights metro Census 802901 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.41M
Blend (final) Blend
$1.77M

Owner & transaction history

since 2025
6 recorded transactions
2025
$2.1M
2014
$1.3M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CGO · Capitol Heights, MD
Zoning description

The purposes of the Commercial, General and Office (CGO) Zone are to provide lands for a diverse range of business, civic, and mixed use development, typically at or near major intersections where visibility and good acc…

General category MIXED_USE

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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