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

    6002 Marlboro Pike District Heights, MD 20747-2146

    • Drive through restaurants
    • 2,330 SF
    • 0.55 lot acres
    OFF-MARKET
    Value Estimations
    $505,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-2244489
    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

    • Drive through restaurants

    Property Details for 6002 Marlboro Pike

    Year built
    1971
    Construction
    BRICK
    Lot size
    0.55 lot acres
    Property size
    2,330 SF
    Zone code
    CGO
    Property type
    Drive through restaurants
    APN
    06-0482919
    APU
    60482919

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $410,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $602,000
      Market price range: $233k - $1.15M

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

    Location Insight

    • Map
    • Local Demand
    City
    District Heights
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.903
    Latitude
    38.8568
    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
    $16,884
    $603,600
    $398,600
    $1,002,200
    -
    $603,600
    $398,600
    $1,002,200

    Comparable in this City

    • Value Estimation
      $400,000
      2,410 SF

      5425 Silver Hl Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,410 SF
      5425 Silver Hl Rd, District Heights, MD 20747-2040
      View Details
    • Value Estimation
      $385,000
      3,496 SF

      6615 Marlboro Pike

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,496 SF
      6615 Marlboro Pike, District Heights, MD 20747-2823
      View Details
    • Value Estimation
      $370,000
      4,031 SF

      6704 Chavez Ln

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,031 SF
      6704 Chavez Ln, District Heights, MD 20747-3101
      View Details
    • Value Estimation
      $360,000
      2,348 SF

      6711 Marlboro Pike

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,348 SF
      6711 Marlboro Pike, District Heights, MD 20747-3232
      View Details
    • Value Estimation
      $4,820,000
      2,936 SF

      5320 Marlboro Pike

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,936 SF
      5320 Marlboro Pike, District Heights, MD 20747-1001
      View Details
    • Value Estimation
      $1,300,000
      2,615 SF

      5409 Silver Hl Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,615 SF
      5409 Silver Hl Rd, District Heights, MD 20747-2040
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8,236 SF

      Automotive Property on Marlboro Pike

      Automotive property with term until 2027 in prime location.
      7100 Marlboro Pike, District Heights, MD 20747
      View Details
    • $99,000
      0.74 Acres

      District Heights Land For Sale

      0.74-acre lot for single-family home construction in District Heights, MD.
      2916 Norman Dr, District Heights, MD 20747
      View Details
    • $75,000
      0.19 Acres

      Residential Lot with Ready-to-Build Permits

      Residential lot with permits and plans near DC/MD metro border.
      1307 Asheville Rd, District Heights, MD 20747
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    • $375,000
      1,880 SF

      Renovated Townhome in District Heights

      Newly renovated 3-bedroom townhome with finished basement near amenities.
      2241 Seton Way, District Heights, MD 20747
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      District Heights Specialty Property

      Specialty property available for sale in District Heights, Maryland.
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      Spacious Townhome in Forest Park

      Three-level townhome with renovated bathrooms, fenced yard, and community amenities.
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    Similar Nearby for Lease

    • Contact for pricing
      3,000 SF

      Retail Space with Drive-Through Potential

      Retail spaces available with high traffic and redevelopment opportunity.
      5400-5406 Marlboro Pike, District Heights, MD 20747
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space in District Heights

      Retail space available in a busy shopping center.
      5692 Silver Hill Rd, District Heights, MD 20747
      View Details
    • Contact for pricing
      3,000 SF

      Marlboro Pike Retail Space For Lease

      High-traffic retail space, immediate occupancy.
      5404 Marlboro Pike, District Heights, MD 20747
      View Details
    • Contact for pricing
      378,205 SF

      Forestville Retail Center Investment

      Prime Retail Space Available in MD
      2950 Donnell Dr, Forestville, MD 20747
      View Details
    • $34 SF/Yr
      4,028 SF

      Freestanding Retail Building For Rent

      4,028 SF freestanding retail building available for rent.
      6960 Marlboro Pike, District Heights, MD 20747
      View Details
    • Contact for pricing
      980 SF

      Retail Space in District Heights

      Retail space available in a busy District Heights corridor.
      5805 Silver Hill Rd, District Heights, MD 20747
      View Details
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    6002 Marlboro Pike
    District Heights, MD 20747-2146
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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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