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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5900 Allentown Way Temple Hills, MD 20748-2617

    • Strip malls
    • 6,000 SF
    • 0.78 lot acres
    OFF-MARKET
    Last Sale
    Feb 29, 2024
    $2,284,130
    Value Estimations
    $2,285,000
    Show details
    Cap Rate Potential
    5.9%
    Strip malls
    Location Intelligence
    Property ID
    US40-0649318
    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

    • Strip malls

    Property Details for 5900 Allentown Way

    Year built
    1974
    Construction
    BRICK
    Lot size
    0.78 lot acres
    Property size
    6,000 SF
    Zone code
    CGO
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    09-0876722
    APU
    90876722

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,285,000
      ML approach
      $2,285,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,260,000
      6.5%
      $2,085,000
      7%
      $1,935,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Temple Hills
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.9054
    Latitude
    38.8014
    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
    $10,381
    $306,000
    $627,500
    $933,500
    -
    $306,000
    $627,500
    $933,500

    Comparable in this City

    • Value Estimation
      $8,585,000
      39,970 SF

      2221 Oxon Run Dr

      SHOPPING CENTER, STRIP CENTER • 39,970 SF
      2221 Oxon Run Dr, Temple Hills, MD 20748
      View Details
    • Value Estimation
      $3,325,000
      13,920 SF

      5834 Allentown Way

      SHOPPING CENTER, STRIP CENTER • 13,920 SF
      5834 Allentown Way, Temple Hills, MD 20748-2614
      View Details
    • Value Estimation
      $3,930,000
      9,708 SF

      7118 Temple Hl Rd

      SHOPPING CENTER, STRIP CENTER • 9,708 SF
      7118 Temple Hl Rd, Temple Hills, MD 20748-5316
      View Details
    • Value Estimation
      $2,285,000
      9,821 SF

      6416 Old Br Ave

      SHOPPING CENTER, STRIP CENTER • 9,821 SF
      6416 Old Br Ave, Temple Hills, MD 20748
      View Details
    • Value Estimation
      $2,345,000
      6,276 SF

      4715 Raleigh Rd

      SHOPPING CENTER, STRIP CENTER • 6,276 SF
      4715 Raleigh Rd, Temple Hills, MD 20748-4525
      View Details
    • Value Estimation
      $2,505,000
      8,522 SF

      6339 Allentown Rd

      SHOPPING CENTER, STRIP CENTER • 8,522 SF
      6339 Allentown Rd, Temple Hills, MD 20748-2600
      View Details

    Similar Nearby for Sale

    • $1,050,000
      2,220 SF

      Freestanding Commercial Building For Sale

      2,220 SF commercial building on 0.47 acre lot.
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      View Details
    • $2,300,000

      Industrial Property for Sale

      Industrial property available for sale.
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    • $48,500

      Wooded Vacant Lot

      Landlocked 1.190 acre wooded lot near commuter routes.
      Allentown Rd, Temple Hills, MD 20748
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    • $250,000

      Land Near DC Thoroughfares

      Vacant land near major DC thoroughfares, prime for renovation.
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      Fisher Road Specialty Property

      Specialty property available for sale in Temple Hills, MD.
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      Temple Hills Specialty Property

      Specialty property available for sale in Temple Hills, MD.
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    Similar Nearby for Lease

    • Contact for pricing
      500 SF

      Retail Space in Temple Hills

      Retail spaces available in well-attended Temple Hills shopping center.
      4115-4165 Branch Ave, Temple Hills, MD 20748
      View Details
    • $5,000 /Mo

      Retail Space in Allentown Plaza

      Retail space available in well-maintained Allentown Way Plaza.
      5852 -5854 Allentown Way #5852-5854, Temple Hills, MD 20748
      View Details
    • $35 SF/Yr
      6,000 SF

      Retail Space in Temple Hills

      Retail and restaurant spaces available in Temple Hills, Maryland.
      4305-4331 Saint Barnabas Rd, Temple Hills, MD 20748
      View Details
    • Contact for pricing
      160,181 SF

      Branch Avenue Retail Center

      Large Retail Space Available in Marlow Heights, MD
      4101 Br Ave, Marlow Heights, MD 20748
      View Details
    • $5,000 /Mo

      Retail Space in Temple Hills

      Well-maintained retail space available for lease in Temple Hills, MD.
      5852-5854 Allentown Way, Temple Hills, MD 20748
      View Details
    • Contact for pricing
      2,184 SF

      Hillcrest Heights Retail Center

      Prime Temple Hills Shopping Center - 2,184 SF Available
      2334 Iverson St, Temple Hills, MD 20748
      View Details
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    Temple Hills, MD 20748-2617
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    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
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