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

    6346 Marlboro Pike District Heights, MD 20747-2805

    • Gas stations
    • 1,827 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimations
    $320,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-0387918
    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

    • Gas stations

    Property Details for 6346 Marlboro Pike

    Year built
    1957
    Construction
    BRICK
    Lot size
    0.23 lot acres
    Property size
    1,827 SF
    Zone code
    CGO
    Property type
    Gas stations
    APN
    06-0415893
    APU
    60415893

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $320,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $314,000
      Market price range: $315k - $712k

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

    Location Insight

    • Map
    • Local Demand
    City
    District Heights
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.8972
    Latitude
    38.8538
    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
    $10,213
    $254,700
    $351,500
    $606,200
    -
    $254,700
    $351,500
    $606,200

    Comparable in this City

    • Value Estimation
      $395,000
      1,890 SF

      7614 Marlboro Pike

      SERVICE STATION (FULL SERVICE) • 1,890 SF
      7614 Marlboro Pike, District Heights, MD 20747-4348
      View Details
    • Value Estimation
      $365,000
      1,104 SF

      5921 Marlboro Pike

      SERVICE STATION (FULL SERVICE) • 1,104 SF
      5921 Marlboro Pike, District Heights, MD 20747-1143
      View Details
    • Value Estimation
      $800,000
      1,749 SF

      3617 Forestville Rd

      SERVICE STATION (FULL SERVICE) • 1,749 SF
      3617 Forestville Rd, District Heights, MD 20747-4710
      View Details
    • Value Estimation
      $305,000
      1,680 SF

      7303 Marlboro Pike

      SERVICE STATION (FULL SERVICE) • 1,680 SF
      7303 Marlboro Pike, District Heights, MD 20747-4341
      View Details
    • Value Estimation
      $1,255,000
      2,824 SF

      3232 Walters Ln

      SERVICE STATION (FULL SERVICE) • 2,824 SF
      3232 Walters Ln, District Heights, MD 20747-3103
      View Details
    • Value Estimation
      $305,000
      1,232 SF

      6924 Marlboro Pike

      SERVICE STATION (FULL SERVICE) • 1,232 SF
      6924 Marlboro Pike, District Heights, MD 20747-3240
      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
    • $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
      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
      View Details
    • $599,900

      District Heights Specialty Property

      Specialty property available for sale in District Heights, Maryland.
      7609 Starshine Dr, District Heights, MD 20747
      View Details
    • $435,000

      District Heights Religious Facility

      Religious facility for sale in District Heights, Maryland.
      6807 Elmhurst St, District Heights, MD 20747
      View Details

    Similar Nearby for Lease

    • 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
    • Contact for pricing
      1,565 SF

      Forestville Retail Space For Lease

      Prime 1,565 SF Retail Space in Forestville, MD
      3550 Donnell Dr, Forestville, MD 20747
      View Details
    • Contact for pricing
      246,241 SF

      District Heights Retail Space For Lease

      Prime Retail, Multiple Units Available
      5600 Silver Hill Rd, District Heights, MD 20747
      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.
    6346 Marlboro Pike
    District Heights, MD 20747-2805
    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.