Property summary
This exceptional 2.13-acre industrial property in Hyattsville, Maryland, presents a rare investment opportunity. Located at the signalized entrance to the Cheverly Industrial Park, this property boasts a 12,293 square foot flex building, ideal for manufacturing, warehousing, or a combination thereof. The building features 20-foot clear ceilings, providing ample vertical space for various uses. Loading is facilitated by three docks, including two dock-high doors and one drive-in bay. The property is zoned Industrial Employment (IE), allowing for a wide range of business operations. Its strategic location offers easy access to major transportation arteries, including Route 50 and the Baltimore-Washington Parkway, within a half-mile radius. The property is a single-story building on a substantial lot, providing significant expansion potential. Heavy power service is available, catering to businesses with significant energy demands. This is a unique opportunity to acquire a versatile industrial property in a highly desirable location, suitable for owner-users seeking a sale/leaseback or redevelopment project. The property is classified as Class C and offers a flexible square footage ranging from 4,000 to 15,000 square feet. The property's address is 4601 Lydell Road, Hyattsville, MD 20781.
Property profile
VerifiedCap rate & NOI
Current use
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Freight Service Logistics Company
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purposes of the Industrial, Employment (IE) Zone are to provide for a mix of employment, research and development, and light industrial development, with an expectation of high quality design that is set apart from t…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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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
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
IE · Hyattsville, MDThe purposes of the Industrial, Employment (IE) Zone are to provide for a mix of employment, research and development, and light industrial development, with an expectation of high quality design that is set apart from t…
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 Industrial, Employment (IE) Zone are to provide for a mix of employment, research and development, and light industrial development, with an expectation of high quality design that is set apart from t…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IE in Hyattsville, MD.
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