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    Property profile & analytics
    OFF-MARKET Estimated value $655,000
    Retail space

    5061 Allentown Rd, Suitland, MD 20746-4172

    4,860 SF 0.71 ac lot Built 1973
    Individually Owned 4-yr Hold Free & Clear
    Property ID
    US40-2397419
    Property summary
    AI-generated overview

    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
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1973
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 4,860 SF
    Lot 0.71 ac (30,838 SF)
    Zoning code CGO
    APN 06-3650918
    UPID US40-2397419
    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
    • Scandalous Hair Design Hair Salon Nail Salon
    • The EyeLash Parlor LLC. Hair Salon
    • Shoe Parlor Clothing & Fashion Store (Bike/Boat/Book/etc) Store
    • THE DRESSING ROOM Clothing Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $735k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $431k
    Blend (final) Blend
    $655k
    Owner & transaction history
    Frank H Jefferson · 4 yrs held
    Frank H Jefferson
    since 2021
    Last sale
    $585,000
    3 recorded transactions
    2021
    2005
    $585,000
    1969
    Zoning & alternative use
    CGO · Suitland, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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