6116 Marlboro Pike District Heights, MD 20747
Property profile & analytics
6116 Marlboro Pike District Heights, MD 20747
- Retail space
- 2,640 SF
- 0.36 lot acres
Property ID
US40-0344187
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.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 6116 Marlboro Pike
- Year built
- 1970
- Construction
- BRICK
- Lot size
- 0.36 lot acres
- Property size
- 2,640 SF
- Zone code
- CGO
- Property type
- Retail space
- APN
- 06-0551564
- APU
- 60551564
Description
This exceptional freestanding retail building, located at 6116 Marlboro Pike in District Heights, Maryland, presents a compelling investment opportunity. Boasting 2,789 square feet of space, the property sits on a 0.36-acre lot and offers significant road frontage and exposure on a busy thoroughfare, enhanced by pylon signage. Built in 1970, the single-tenant building provides ample parking with 14 spaces available for customers and employees. The property is zoned Commercial, General and Office (CGO), allowing for a variety of potential uses. The building's single-tenant occupancy simplifies management and provides a stable income stream. Its prime location in District Heights, Maryland, zip code 20747, ensures high visibility and accessibility for customers. This property is ideal for owner-occupiers or investors seeking a well-maintained, strategically located retail space with excellent potential for growth. The property's size and location make it an attractive option for a variety of retail businesses seeking a high-traffic location. The ample parking further enhances its appeal to potential tenants and customers. This is a rare opportunity to acquire a well-positioned retail property in a thriving area.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $990,000
- 6.5%
- $910,000
- 7%
- $845,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $444,000
Market price range: $152k - $632k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,100,000 Current use
- AUTO REPAIR, GARAGE
- $1,095,000 Change: -1% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- District Heights
- County
- Prince George's
- State
- Maryland
- Longitude
- -76.9013
- Latitude
- 38.856
- 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
$7,303
$154,900
$278,600
$433,500
-
$154,900
$278,600
$433,500
