Property profile

4020 Penn Belt Pl District Heights, MD 20747

OFF-MARKET
Distribution centers
Property ID
US40-1018261
7,200 SF 1.56 ac lot Built 1982
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1982
Construction BRICK
Total area 7,200 SF
Lot 1.56 ac (67,954 SF)
Zoning code IE
APN 06-0586297
UPID US40-1018261

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
  • Waste Management Facility Hazardous Waste Disposal

Location

4020 Penn Belt Pl District Heights, MD 20747-4736
District Heights metro Census 802104 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.97M
CAP Approach CAP
$2.14M
Comparable Approach Comparable
$2.05M
Blend (final) Blend
$2.94M

Owner & transaction history

since 2020
Last sale
$2.9M
7 recorded transactions
2022
Price N/A
2020
$2.9M
2020
Price N/A
2020
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

IE · District Heights, MD
Top alternative use upside
Industrial (general) $4.8M +137.0%
Restaurant $4.5M +121.9%
Retail stores $3.0M +49.4%

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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