Property summary
This vacant gas station property at 5000 Tuxedo Rd, Hyattsville, MD 20781, presents a unique investment opportunity. Situated on a high-traffic corner lot at the intersection of Kenilworth Ave and the Route 50 exit ramp in Prince George's County, this property boasts exceptional visibility and accessibility. Its strategic location at the juncture of Route 50 and Route 295 Baltimore-Washington Parkway exit ramps ensures consistent exposure to a large volume of vehicles. The property is classified as retail, with a subtype encompassing gas station, convenience store, and restaurant potential. The current lease type is NNN (Net, Net, Net), and the property is currently vacant, offering flexibility for a variety of uses. Given its location in a food desert with limited gas station options, this site represents a compelling opportunity to serve a significant underserved market. This is the last gas station/ramp before reaching the DC line off Route 50 and Route 295, making it a highly convenient stop for commuters and travelers. The ground lease is available. This property is ideal for an entrepreneur seeking a high-visibility location with significant growth potential.
Property profile
VerifiedCap rate & NOI
Current use
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Car Dealership
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Car Dealership
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Freight Service Logistics Company
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Car Dealership
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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
IH · Hyattsville, MDZoning
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Zoning designation
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The district profile from the municipal source: what is on file for IH in Hyattsville, MD.
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