Property summary
This exceptional retail property, located at 5061 Allentown Road in Suitland, Maryland, presents a unique investment opportunity. Boasting 4,860 square feet of well-maintained space on a 0.71-acre lot, this property benefits from a prime location with excellent visibility and high traffic volume, ensuring strong potential for a variety of retail businesses. The building itself is in excellent condition, having undergone continuous updates to maintain its appeal and functionality. The asking price is $2,500,000. While the current inventory, furniture, and fixtures are not included in the sale price, these assets are available for separate negotiation, offering a potential buyer added flexibility and value. This property's strategic location and attractive features make it an ideal investment for savvy entrepreneurs seeking a thriving retail space in a high-traffic area. The substantial size of the lot also offers potential for future expansion or development, depending on local zoning regulations and approvals. Serious inquiries are encouraged to explore this promising opportunity further. Detailed financial statements and property information are available upon request.
Property profile
VerifiedCap rate & NOI
Current use
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Hair Salon Nail Salon
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Hair Salon
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Clothing & Fashion Store (Bike/Boat/Book/etc) Store
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Clothing Store
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
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CGO · Suitland, MDZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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