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Property profile & analytics
FOR SALE
Retail space

5051 Greenbelt Rd College Park, MD 20740

2,400 SF 0.27 ac lot Built 1956
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US40-1423978
Property summary
AI-generated overview

This exceptional 2,400 square foot retail space is located at 5051 Greenbelt Road in College Park, Maryland, zip code 20740. The property boasts a prime location with excellent visibility, situated on a sizable 8,080 square foot lot. The building is a two-story structure, currently entirely vacant and ready for immediate occupancy. The single-tenant space offers significant potential for a variety of retail businesses. Its strategic location provides convenient access to Kenilworth Avenue and Route 1, ensuring high traffic volume. Data indicates a daily traffic count of 40,101 vehicles, presenting a substantial opportunity to reach a large customer base. The property is situated in Prince George's County and offers a unique chance to establish a thriving retail presence in a bustling area. The entire 2,400 square feet is available for lease, providing ample space for a variety of retail concepts. This is a rare opportunity to secure a prominent retail location in a high-traffic area with excellent visibility and convenient access to major roadways. The property's size and location make it ideal for a wide range of retail businesses seeking a strong presence in College Park.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1956
Construction BRICK
Total area 2,400 SF
Lot 0.27 ac (11,939 SF)
Zoning code CGO
APN 21-2421709
UPID US40-1423978
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
  • Crazy Car Audio Electronics & Wireless Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.02M
Owner & transaction history
Pj3 Properties LLC · 9 yrs held
Pj3 Properties LLC
since 2016
1 recorded transaction
2016
$685,000
Zoning & alternative use
CGO · College Park, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The purposes of the Commercial, General and Office (CGO) Zone are to provide lands for a diverse range of business, civic, and mixed use development, typically at or near major intersections where visibility and good access are important, in a form that supports connections and a balance between automobile access and pedestrian friendliness.

Zone name Commercial General And Office
General category MIXED_USE
Zone area 30.05 ac
Source Realmo
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