5849 Allentown Rd Suitland, MD 20746
- Office Properties & Spaces
- 1,456 SF
- 0.13 lot acres
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 Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $270,000
- 6.5%
- $225,000
- 7%
- $240,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $275,000
- Geo Method
- $255,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $280,000
- Retail
- $255,000
- Mixed-Use
- $300,000
- Hospitality
- $285,000
- Educational
- $305,000
- Residential Income
- $265,000
- Energy
- $295,000
- Income-Based Land
- $295,000
- Food Service
- $240,000
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