Property profile

4241 28Th Ave Temple Hills, MD 20748

FOR LEASE
Retail space
Property ID
US40-1359447
2,520 SF 0.11 ac lot Built 1960
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,544 square foot free-standing retail building presents a unique investment opportunity in the thriving Marlow Heights retail corridor of Prince George's County, Maryland. Located at 4241 28th Avenue, this single-tenant property boasts a prime location with excellent visibility and accessibility. Constructed in 1960, the building sits on a 0.11-acre lot and features a single story design. The property is zoned MXT, offering flexibility for a variety of retail uses. Its strategic location provides convenient access via Routes 5 and 414, ensuring high traffic exposure to over 40,000 vehicles daily. This translates to significant potential for attracting customers and maximizing business visibility. The building's single-tenant occupancy simplifies management and provides a stable income stream. This is an ideal opportunity for investors seeking a well-located, established retail property with strong growth potential in a busy commercial area. The property's size and location make it suitable for a range of retail businesses seeking a high-traffic location in a densely populated area. No elevators are present in this single-story building. The property's address is 4241 28th Ave, Temple Hills, MD 20748.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Construction BRICK
Total area 2,520 SF
Lot 0.11 ac (4,970 SF)
Zoning code RMF48
APN 06-0617886
UPID US40-1359447

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4241 28Th Ave Temple Hills, MD 20748
Temple Hills metro Census 801801 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Zoning & alternative use

RMF48 · Temple Hills, MD

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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More about this property
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