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

    6609 Suitland Rd Suitland, MD 20746-4628

    • Auto shops
    • 5,872 SF
    • 0.37 lot acres
    OFF-MARKET
    Last Sale
    May 10, 2021
    $1,475,000
    Value Estimations
    $1,520,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-1547221
    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

    • U-Haul Neighborhood Dealer / Trailer Rental Service / Truck Rental Agency
    • Tommy's Auto Service & Body Shop / Auto Body Shop
    • Glass Family Electricians / Electrician

    Property Details for 6609 Suitland Rd

    Year built
    1965
    Lot size
    0.37 lot acres
    Property size
    5,872 SF
    Zone code
    CS
    Property type
    Auto shops
    APN
    06-5516241
    APU
    65516241

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,815,000
      ML approach
      $1,810,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,013,000
      Market price range: $1.01M - $4.25M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $2,435,000
      Current use
      RETAIL STORES
      $2,450,000
      Change: +1% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Suitland
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.8926
    Latitude
    38.8252
    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
    $8,413
    $161,100
    $304,200
    $465,300
    -
    $161,100
    $304,200
    $465,300

    Comparable in this City

    • Value Estimation
      $1,000,000
      12,412 SF

      5050 Auth Way

      AUTO REPAIR, GARAGE • 12,412 SF
      5050 Auth Way, Suitland, MD 20746-4205
      View Details
    • Value Estimation
      $1,535,000
      2,462 SF

      4434 Suitland Rd

      AUTO REPAIR, GARAGE • 2,462 SF
      4434 Suitland Rd, Suitland, MD 20746-4706
      View Details
    • Value Estimation
      $625,000
      12,338 SF

      3606 Old Silver Hl Rd

      AUTO REPAIR, GARAGE • 12,338 SF
      3606 Old Silver Hl Rd, Suitland, MD 20746-3124
      View Details
    • Value Estimation by Request
      2,139 SF

      3710 Saint Barnabas Rd

      AUTO REPAIR, GARAGE • 2,139 SF
      3710 Saint Barnabas Rd, Suitland, MD 20746-3210
      View Details
    • Value Estimation
      $1,235,000
      15,729 SF

      5000 Auth Way

      AUTO REPAIR, GARAGE • 15,729 SF
      5000 Auth Way, Suitland, MD 20746-4205
      View Details
    • Value Estimation by Request
      1,980 SF

      5001 Suitland Rd

      AUTO REPAIR, GARAGE • 1,980 SF
      5001 Suitland Rd, Suitland, MD 20746
      View Details

    Similar Nearby for Sale

    • $5,500,000
      28,000 SF

      Bexley Place Shopping Center

      Prime Retail Investment Opportunity in Suitland, MD
      3900 Bexley Pl, Suitland-Silver Hill, MD 20746
      View Details
    • $2,500,000
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      Suitland Retail Center - High Traffic

      Prime location, updated retail space, high visibility.
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    • $5,500,000
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      Retail Property Near Washington, DC

      Retail property for sale, 28,000 SF, near Washington, DC.
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    • $5,500,000
      27,200 SF

      Bexley Place Shopping Center

      Suitland Retail Center - High Traffic Area
      3900 Bexley Pl, Suitland, MD 20746
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    • $5,500,000

      Fully Leased Retail Center

      27,200 SF retail center in Suitland, Maryland for sale.
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    • $615,000

      Camp Springs Specialty Property For Sale

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

    • $17 SF/Yr
      28,000 SF

      Bexley Place Shopping Center Space

      Prime Retail Space, Ample Parking, High Visibility
      3900 Bexley Pl, Suitland-Silver Hill, MD 20746
      View Details
    • Contact for pricing
      2,991 SF

      Retail Building with Drive-Thru Lanes

      2,991 SF retail building with two drive-thru lanes.
      3601 Saint Barnabas Rd, Suitland, MD 20746
      View Details
    • $30 SF/Yr
      3,000 SF

      Prime Retail Space Available

      Retail space with high foot traffic in Suitland, MD.
      3405-3514 Bonita St, Suitland, MD 20746
      View Details
    • Contact for pricing
      5,840 SF

      Andrews Manor Shopping Center - Camp Springs

      Prime Retail Space, Camp Springs, MD
      4901 Allentown Rd, Camp Springs, MD 20746
      View Details
    • $5,000 /Mo

      Office Space Available For Rent

      Office space for rent in Suitland, Maryland.
      3613 Saint Barnabas Rd, Suitland, MD 20746
      View Details
    • Contact for pricing
      77,700 SF

      Spacious Warehouse with Secured Outdoor Storage

      77,700 SF warehouse with ample parking and outdoor storage.
      4501 Auth Pl, Suitland, MD 20746
      View Details
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    Suitland, MD 20746-4628
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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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