Entity Owned Property summary
A freestanding 2,800-square-foot building with parking in front is located on Rhode Island Avenue, a roadway with average daily traffic reported at 16,440 vehicles per day. The building had recent renovation work that included the installation of new doors and windows. Large garage doors provide the capability to open the space to the exterior under favorable weather conditions. The property is on a block characterized by arts and entertainment use, including three large commissioned murals on the premises, and is near Artist & Craftsmen Supply. Surrounding businesses include Pizzeria Paradiso and Streetcar82 Brewing, with additional food and entertainment activity in the immediate area. The space is configured to support uses such as retail, restaurants, fitness centers and gyms, sports and entertainment venues, and other restaurant concepts.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purposes of the Neighborhood Activity Center (NAC) Zone are to provide lands for lower density, small scale, mixed use centers that are attractive to employers and employees, are well connected to transit, and serve…
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
NAC · Hyattsville, MDThe purposes of the Neighborhood Activity Center (NAC) Zone are to provide lands for lower density, small scale, mixed use centers that are attractive to employers and employees, are well connected to transit, and serve…
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 Neighborhood Activity Center (NAC) Zone are to provide lands for lower density, small scale, mixed use centers that are attractive to employers and employees, are well connected to transit, and serve…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for NAC in Hyattsville, MD.
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