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Property profile & analytics
OFF-MARKET Estimated value $6,620,000
Outlet malls

4420 Mitchellville Rd Bowie, MD 20716-3112

24,344 SF 2.24 ac lot Built 1996
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US40-1522021
Property summary
AI-generated overview

This 25,277 square foot former Big Lots retail space is ideally situated within the Bowie Gateway Center in Bowie, Maryland, zip code 20716. The property boasts a prime location off Route 50, conveniently positioned between Washington, D.C., and Annapolis, MD, offering exceptional accessibility and visibility. This big box space benefits from strong co-tenancy with established retailers such as Staples, Burlington, and Target, ensuring high foot traffic and a vibrant retail environment. Located in Prince George's County, the largest municipality in the county, this property provides access to a substantial consumer base. The site enjoys easy access from both Route 301 and Crain Highway, further enhancing its appeal to potential tenants. The address is 4420 Mitchellville Rd, Bowie, MD 20716. This property presents a unique opportunity for businesses seeking a prominent retail presence in a thriving market. The property type is retail, specifically a big box store. The building is located at 38.9502327 latitude and -76.7214769 longitude.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1996
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 24,344 SF
Lot 2.24 ac (97,574 SF)
Zoning code TACE
APN 07-2976801
UPID US40-1522021
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Big Lots Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$8.42M
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.62M
Owner & transaction history
Ns Retail Holdings LLC · 4 yrs held
Ns Retail Holdings LLC
since 2022
Last sale
$5.6M
3 recorded transactions
2022
$5.6M
2017
Price N/A
2007
$5.7M
Zoning & alternative use
TACE · Bowie, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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