Property profile

5801 Cleveland Ave Riverdale, MD 20737

OFF-MARKET
Specialty properties
Property ID
US40-1453155
6,419 SF 0.98 ac lot Built 1910
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 17,695-square-foot retail property in Riverdale Park, Maryland, presents a unique investment opportunity. Situated on a 0.98-acre lot (APN 17192165769) in Prince George's County, this Class A building boasts a versatile layout ideal for various businesses. The property comprises a 7,000-square-foot, three-story building previously used as a funeral home, complete with specialized equipment, and a spacious 10,000-square-foot, two-level warehouse featuring 18-foot ceilings and four 18'x8' drive-in bays. The warehouse offers 5,000 square feet of ground-level garage space and an additional 5,000 square feet of open second-floor storage accessible via a lift. Built in 1910, the property includes 38 dedicated parking spaces and is equipped with elevators. Zoned LMUTC, it allows for a wide range of uses, including dealerships with repair services, auto parts retail and storage, contractor warehouses, funeral homes, general retail, office space, and professional services. Prospective tenants should verify square footage and permitted uses. This property offers significant potential for a discerning tenant seeking a unique and adaptable space in a desirable location.

Property profile

Verified
Property type Specialty properties
Use group FUNERAL HOME
Year built 1910
Construction BRICK
Total area 6,419 SF
Lot 0.98 ac (42,734 SF)
Zoning code LMUTC
APN 19-2165769
UPID US40-1453155

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5801 Cleveland Ave Riverdale, MD 20737-1927
Riverdale metro Census 806501 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.94M

Owner & transaction history

since 2022
Last sale
$2.5M
7 recorded transactions
2022
$2.5M
2020
Price N/A
2019
Price N/A
1997
$575,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LMUTC · Riverdale, MD

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
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