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    6715 Suitland Rd Suitland, MD 20746
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    Property profile & analytics

    6715 Suitland Rd Suitland, MD 20746

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    • Retail space
    • 3,010 SF
    • 1.08 lot acres
    For Lease
    $5,300/Mo
    View Listing →
    Versatile Commercial Space Available For Lease
    $5,300/Mo
    3,550 SF

    Versatile Commercial Space Available

    Adaptable 3550 SF space suitable for diverse commercial uses.

    6715 SUITLAND Rd, Suitland, MD 20746
    View Listing
    Property ID
    US40-2321363
    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.
    Value Estimations
    $1,650,000
    Cap Rate Potential
    3.4%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • embrace your greatness® official website / Life Coach / Training Centre
    • Destiny International Christian Center / Association / Organization
    • Dawn M. Harvey Ministries / Church / Mosque
    • Morningside Row / Shopping Center & Mall
    • Hand Sanitizer Fast / Department Store / Grocery & Convenience Store

    Property Details for 6715 Suitland Rd

    Year built
    1981
    Construction
    BRICK
    Lot size
    1.08 lot acres
    Property size
    3,010 SF
    Zone code
    CGO
    Property type
    Retail space
    APN
    06-0466987
    APU
    60466987

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,970,000
      ML approach
      $2,030,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,125,000
      6.5%
      $1,040,000
      7%
      $965,000

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,255,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $2,345,000
      Change: +87% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $1,250,000
      Change: -1% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Suitland
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.8908
    Latitude
    38.8239
    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
    $26,650
    $471,000
    $1,003,000
    $1,474,000
    -
    $471,000
    $1,003,000
    $1,474,000

    Comparable in this City

    • Value Estimation
      $640,000
      2,688 SF

      6501 Suitland Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,688 SF
      6501 Suitland Rd, Suitland, MD 20746-4644
      View Details
    • Value Estimation
      $1,125,000
      6,970 SF

      3613 Saint Barnabas Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,970 SF
      3613 Saint Barnabas Rd, Suitland, MD 20746-3246
      View Details
    • Value Estimation by Request
      1,425 SF

      4735 Silver Hl Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,425 SF
      4735 Silver Hl Rd, Suitland, MD 20746-2404
      View Details
    • Value Estimation
      $1,840,000
      6,700 SF

      4771 Allentown Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,700 SF
      4771 Allentown Rd, Morningside, MD 20746-3932
      View Details
    • Value Estimation by Request
      24,867 SF

      4535 Telfair Blvd

      Power centers • 24,867 SF
      4535 Telfair Blvd, Camp Springs, MD 20746
      View Details
    • Value Estimation by Request
      7,500 SF

      4701 Old Soper Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,500 SF
      4701 Old Soper Rd, Suitland, MD 20746-4009
      View Details

    Similar Nearby for Sale

    • $149,900

      Suitland Retail/Salon Condo For Sale

      Retail condo operating as a salon/spa near Washington, DC.
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      View Details
    • $1,650,000

      Prime Location Commercial Opportunity

      Excellent visibility, high traffic, and flexible commercial zoning.
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    • $2,500,000
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      Suitland Retail Center - High Traffic

      Prime location, updated retail space, high visibility.
      5061 Allentown Rd, Suitland, MD 20746
      View Details
    • $5,500,000
      27,200 SF

      Bexley Place Shopping Center

      Suitland Retail Center - High Traffic Area
      3900 Bexley Pl, Suitland, MD 20746
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,957 SF

      New Retail Space Available

      New construction retail space available in mixed-use development.
      6000 Allentown Rd, Camp Springs, MD 20746
      View Details
    • Contact for pricing
      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
      1,360 SF

      Retail Space Near Andrews AFB

      Grocery-anchored retail space near Andrews Air Force Base.
      4803-4917 Allentown Rd, Camp Springs, MD 20746
      View Details
    • $1,990 /Mo
      47,045 SF

      Move-in Ready Commercial Space

      Updated salon/spa space near 495 and Andrews Air Force Base.
      6725 Suitland Rd, Suitland, MD 20746
      View Details
    • Contact for pricing
      1,924 SF

      Retail Space Near Green Line

      Retail space with high visibility near Green Line Metro.
      5200 Auth Rd, Camp Springs, MD 20746
      View Details
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    Suitland, MD 20746
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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.

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