Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5849 Allentown Rd Suitland, MD 20746

    • Office Properties & Spaces
    • 1,456 SF
    • 0.13 lot acres
    For Sale
    View listing
    $265,000
    Last Sale
    Apr 30, 2025
    $260,000
    Value Estimations
    Cap Rate Potential
    8.8%
    Office Properties & Spaces
    Location Intelligence
    Property ID
    US40-1436181
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 5849 Allentown Rd

    Year built
    1987
    Lot size
    0.13 lot acres
    Property size
    1,456 SF
    Zone code
    CO
    Property type
    Office Properties & Spaces
    APN
    06-0446690
    APU
    60446690

    Description

    This exceptional 1,456 square foot mixed-use commercial space is ideally situated in the Park Place business complex at 5849 Allentown Road, Unit 16, Suitland, MD. The property is an attached end unit, conveniently located on one level for easy accessibility. Currently configured as a real estate office, this versatile space offers significant potential for a variety of business types within this established professional setting. The unit's size and layout provide ample room for various configurations to suit diverse operational needs. Its location within the Park Place complex offers the benefits of a well-maintained business environment, potentially including shared amenities or services (details to be confirmed separately). The asking price is $265,000. While currently configured as an office, the adaptable nature of the space allows for conversion to suit a range of commercial uses. Interested parties are encouraged to explore the possibilities and envision how this property can contribute to their business success. Further details regarding rental options are available upon request. This is a rare opportunity to acquire a well-located, versatile commercial space in a thriving business community. The property sits on a 0-acre lot.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $270,000
      ML approach
      $270,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $395,000
      6.5%
      $365,000
      7%
      $340,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $342,000
      Market price range: $183k - $427k
      AI Estimate
      $361,000
      Market price range: $191k - $433k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $275,000
      Current use
      MEDICAL BUILDING
      $440,000
      Change: +60% Conversion: Easy
      WAREHOUSE, STORAGE
      $405,000
      Change: +47% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Suitland
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.9005
    Latitude
    38.8082
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,234
    $70,300
    $130,600
    $200,900
    -
    $70,300
    $130,600
    $200,900

    Comparable in this City

    • Value Estimation by Request
      5,375 SF

      4599 Telfair Blvd

      Coworking space • 5,375 SF
      4599 Telfair Blvd, Camp Springs, MD 20746
      View Details
    • Value Estimation
      $270,000
      976 SF

      5625 Allentown Rd Ste, Unit 112

      CONDOMINIUM OFFICES • 976 SF
      5625 Allentown Rd Ste, Suitland, MD 20746-4521
      View Details
    • Value Estimation
      $220,000
      1,503 SF

      5889 Allentown Rd, Unit 21

      CONDOMINIUM OFFICES • 1,503 SF
      5889 Allentown Rd, Suitland, MD 20746-4570
      View Details
    • Value Estimation
      $300,000
      1,470 SF

      5625 Allentown Rd, Unit 1-9

      CONDOMINIUM OFFICES • 1,470 SF
      5625 Allentown Rd, Suitland, MD 20746-4521
      View Details
    • Value Estimation
      $235,000
      717 SF

      2000 Spaulding Ave, Unit G

      CONDOMINIUM OFFICES • 717 SF
      2000 Spaulding Ave, Suitland, MD 20746
      View Details
    • Value Estimation
      $540,000
      974 SF

      5627 Allentown Rd, Unit 2-27

      CONDOMINIUM OFFICES • 974 SF
      5627 Allentown Rd, Suitland, MD 20746-4520
      View Details

    Similar Nearby for Sale

    • New
      $259,900

      SUITLAND Office Condo For Sale

      Two-level office condo near Joint Base Andrews.
      5885 Allentown Rd, Suitland, MD 20746
      View Details
    • $190,000

      Commercial Office Condo For Sale

      Commercial office condominium near Andrews Air Force Base. Investment opportunity.
      5627 Allentown Rd, Suitland, MD 20746
      View Details
    • $80,000
      0.46 Acres

      Residential Lot in Suitland, MD

      Residential lot in established neighborhood near Suitland Metro and Joint Base Andrews.
      4004 Belnor Ln, Suitland, MD 20746
      View Details
    • $579,000

      Suitland Specialty Property For Sale

      Specialty property available for purchase in Suitland, Maryland.
      3612 Swann Rd, Suitland, MD 20746
      View Details
    • $515,000

      Towne Park Road Property

      Specialty property available for sale in Suitland, Maryland.
      4744 Towne Park Rd, Suitland, MD 20746
      View Details
    • $445,990

      Suitland Specialty Property For Sale

      Specialty property available for purchase in Suitland, Maryland.
      6012 Griffith Dr, Suitland, MD 20746
      View Details

    Similar Nearby for Lease

    • $5,000 /Mo

      Office Space Available For Rent

      Office space for rent in Suitland, Maryland.
      3613 Saint Barnabas Rd, Suitland, MD 20746
      View Details
    • $30 SF/Yr
      3,000 SF

      Prime Retail Space Available

      Retail space with high foot traffic in Suitland, MD.
      3405-3514 Bonita St, Suitland, MD 20746
      View Details
    • Contact for pricing
      77,700 SF

      Spacious Warehouse with Secured Outdoor Storage

      77,700 SF warehouse with ample parking and outdoor storage.
      4501 Auth Pl, Suitland, MD 20746
      View Details
    • $17 SF/Yr
      28,000 SF

      Bexley Place Shopping Center Space

      Prime Retail Space, Ample Parking, High Visibility
      3900 Bexley Pl, Suitland-Silver Hill, MD 20746
      View Details
    • Contact for pricing
      2,991 SF

      Retail Building with Drive-Thru Lanes

      2,991 SF retail building with two drive-thru lanes.
      3601 Saint Barnabas Rd, Suitland, MD 20746
      View Details
    • Contact for pricing
      5,840 SF

      Andrews Manor Shopping Center - Camp Springs

      Prime Retail Space, Camp Springs, MD
      4901 Allentown Rd, Camp Springs, MD 20746
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5849 Allentown Rd
    Suitland, MD 20746
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.