Property profile

6501 New Hampshire Ave Hyattsville, MD 20783

OFF-MARKET
Strip malls
Property ID
US40-0898015
18,380 SF 1.61 ac lot Built 1989
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,000-square-foot retail space is available for lease in the vibrant Takoma Park area of Prince George's County, Maryland. Located at 6501 New Hampshire Avenue, Hyattsville, MD 20912, this single-tenant property offers a fantastic opportunity for businesses seeking a high-visibility location. The entire 1,000 square feet is currently vacant, providing a blank canvas for your ideal retail setup. The property is classified as Commercial Retail and is situated in a dynamic area with high foot traffic and excellent visibility. Its convenient location offers easy access for customers and employees alike. This is a single-tenant space, providing complete control and customization options. The property is ready for immediate occupancy, allowing for a swift and efficient transition into your new business location. This presents a rare chance to establish a strong presence in a thriving community. The address is easily accessible and benefits from strong local demographics. Serious inquiries are encouraged to explore this exciting retail leasing opportunity. Don't miss out on this chance to secure a prime retail space in a desirable location. Contact us today to schedule a viewing and discuss your business needs.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1989
Construction BRICK
Total area 18,380 SF
Lot 1.61 ac (70,139 SF)
Zoning code CGO
APN 17-1855543
UPID US40-0898015

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6501 New Hampshire Ave Hyattsville, MD 20783
Hyattsville metro Census 805201 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.15M

Owner & transaction history

since 2017
3 recorded transactions
2019
Price N/A
2017
$3.1M
2016
Price N/A

Zoning & alternative use

CGO · Hyattsville, MD
Zoning description

The purposes of the Commercial, General and Office (CGO) Zone are to provide lands for a diverse range of business, civic, and mixed use development, typically at or near major intersections where visibility and good acc…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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