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    Property profile & analytics

    6521 Riggs Rd Hyattsville, MD 20782-1539

    • Turn key restaurants
    • 1,642 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 21, 2024
    $12,500,000
    Location Intelligence
    Property ID
    US40-0351379
    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

    • Selam Market and Carryout / Grocery Store

    Property Details for 6521 Riggs Rd

    Year built
    1954
    Construction
    BRICK
    Lot size
    0.46 lot acres
    Property size
    1,642 SF
    Zone code
    CGO
    Property type
    Turn key restaurants
    APN
    17-1923382
    APU
    171923382

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hyattsville
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.9831
    Latitude
    38.9694
    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
    $5,386
    $0.00
    $0.00
    $484,367
    -
    $301,200
    $187,400
    $488,600

    Comparable in this City

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      $2,085,000
      6,825 SF

      3500 Ew Hwy

      RESTAURANT • 6,825 SF
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      1,071 SF

      3008 Hamilton St

      RESTAURANT • 1,071 SF
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      2,524 SF

      5350 Queens Chapel Rd

      RESTAURANT • 2,524 SF
      5350 Queens Chapel Rd, Hyattsville, MD 20782-3955
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      $3,445,000
      7,685 SF

      3480 Ew Hwy

      RESTAURANT • 7,685 SF
      3480 Ew Hwy, Hyattsville, MD 20782-1914
      View Details
    • Value Estimation by Request
      3,310 SF

      6422 Sargent Rd

      RESTAURANT • 3,310 SF
      6422 Sargent Rd, Hyattsville, MD 20782-1538
      View Details

    Similar Nearby for Sale

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      West Hyattsville Commercial Lot

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      Specialty property available for purchase in Hyattsville, Maryland.
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      Remodeled Home with Upgrades

      Remodeled 4 bed, 3 bath home near Washington DC.
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      Hyattsville Specialty Property For Sale

      Specialty property available for purchase in Hyattsville, Maryland.
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    Similar Nearby for Lease

    • $30 SF/Yr
      3,200 SF

      Hyattsville Retail Space for Sublease

      Prime Chillum Rd location, 3200+ sq ft.
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      1,320 SF

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      Retail space in Hyattsville with high traffic and visibility.
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      82,867 SF

      Gateway at UTC Hyattsville Retail Space

      Hyattsville retail space for lease.
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      2,052 SF

      Retail Space in Hyattsville, MD

      2,052 SF retail space near Prince George's Plaza Metro.
      6400 America Blvd, Hyattsville, MD 20782
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    • Contact for pricing
      613 SF

      Retail Space Near Metro Station

      Retail space available in Lidl-anchored center near West Hyattsville.
      3100-3130 Queens Chapel Rd, Hyattsville, MD 20782
      View Details
    • $2,700 /Mo
      1,347 SF

      Freestanding Building in Growing Community

      1,347 SF building near metro and new development.
      3430 Hamilton St, Hyattsville, MD 20782
      View Details
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    Hyattsville, MD 20782-1539
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    Realmo Value Estimation

    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.

    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.

    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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