Property profile

50 Ritchie Rd Capitol Heights, MD 20743

OFF-MARKET
Warehouses
Property ID
US40-2353712
10,200 SF 0.85 ac lot Built 1952
Entity Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1952
Construction BRICK
Total area 10,200 SF
Lot 0.85 ac (37,237 SF)
Zoning code LTOE
APN 13-1528181
UPID US40-2353712

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
  • Construction Company General Contractor
  • Freight Service Logistics Company

Location

50 Ritchie Rd Capitol Heights, MD 20743-3607
Capitol Heights metro Census 802204 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.36M
CAP Approach CAP
$3.02M
Comparable Approach Comparable
$2.02M
Blend (final) Blend
$2.45M

Owner & transaction history

since 2022
Last sale
$2.1M
7 recorded transactions
2022
$2.1M
2014
$850,000
2004
$292,000
2000
$440,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LTOE · Capitol Heights, MD
Top alternative use upside
Medical building $3.1M +26.3%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 50 Ritchie Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message