Property summary
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
VerifiedCap rate & NOI
Current use
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Discount Store
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Atm
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CGO · Capitol Heights, MDThe 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CGO in Capitol Heights, MD.
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Find the owner behind the property.
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