Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7411 Central Ave Capitol Heights, MD 20743-2756
    Back to Search
    Property profile & analytics

    7411 Central Ave, Capitol Heights, MD 20743-2756

    View on Map
    • Grocery and convenience stores
    • 2,640 SF
    • 0.32 lot acres
    Off-Market
    Last Sale Jun 12, 2023
    $2,181,000
    Property ID
    US40-1142478
    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
    $2,530,000
    Show details
    Cap Rate Potential
    2.2%
    Grocery and convenience stores
    Location Intelligence

    Current Use by Public Records

    • 7-Eleven / Grocery & Convenience Store
    • Citibank ATM / Atm
    • Big Boyy BBQ / Bbq Area / American Restaurant
    • Western Union / Bank / Credit Union

    Property Details for 7411 Central Ave

    Year built
    1970
    Lot size
    0.32 lot acres
    Zone code
    CGO
    Property type
    Grocery and convenience stores
    APN
    18-2032951
    APU
    182032951

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 27, 2025 — Offenberg Family Trust Nathaniel B Offenberg Deed · related —
    Jun 12, 2023 $2,181,000 Nathaniel B Offenberg 7411 Central Avenue LLC Deed —
    Jan 17, 2020 $1,825,000 7411 Central Avenue LLC Dcw Family Holdings LLC Deed $1.4M · Sandy Spring Bank
    Nov 5, 2014 $1,875,000 Dcw Family Holdings LLC Tropical Holdings LLC Grant Deed $1.1M · First Svgs Bk
    May 17, 2013 $775,000 Tropical Holdings LLC Weiss,joan C Grant Deed —
    Oct 5, 2010 — Glaser Dorothy R Family Trust Glaser Leon Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,710,000
      ML approach
      $2,705,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,877,000
      Market price range: $991k - $4.34M

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

    Location Insight

    • Map
    • Local Demand
    City
    Capitol Heights
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.8775
    Latitude
    38.8882
    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
    $18,728
    $137,200
    $1,547,000
    $1,684,200
    -
    $137,200
    $1,547,000
    $1,684,200

    Comparable in this City

    • Value Estimation
      $1,165,000
      3,120 SF

      1428 Ritchie Rd

      CONVENIENCE STORE
      1428 Ritchie Rd, Capitol Heights, MD 20743-4915
      View Details
    • Value Estimation
      $635,000
      2,700 SF

      8901 Central Ave

      CONVENIENCE STORE
      8901 Central Ave, Capitol Heights, MD 20743-3804
      View Details
    • Value Estimation
      $630,000
      2,664 SF

      5908 Seat Pleasant Dr

      CONVENIENCE STORE
      5908 Seat Pleasant Dr, Capitol Heights, MD 20743-2242
      View Details
    • Value Estimation
      $1,545,000
      2,585 SF

      8810 Hampton Mall N Dr

      CONVENIENCE STORE
      8810 Hampton Mall N Dr, Capitol Heights, MD 20743-3817
      View Details
    • Value Estimation
      $775,000
      2,530 SF

      6301 Seat Pleasant Dr

      CONVENIENCE STORE
      6301 Seat Pleasant Dr, Capitol Heights, MD 20743-6012
      View Details
    • Value Estimation
      $580,000
      1,400 SF

      5301 Sheriff Rd

      CONVENIENCE STORE
      5301 Sheriff Rd, Fairmount Heights, MD 20743-1310
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      800 SF

      Retail/Office Building with Industrial Land

      800 SF building with 17,685 SF industrial land.
      5837 Martin Luther King Jr Hwy, Capitol Heights, MD 20743
      View Details
    • $1,800,000

      Versatile Commercial Building in Capitol Heights

      6,316 sq ft building on .34-acre lot near DC.
      116 Ritchie Rd, Capitol Heights, MD 20743
      View Details
    • $80,000

      Capitol Heights Commercial Opportunity

      Commercial property with service garage in Capitol Heights, Maryland.
      6160 Central Ave, Capitol Heights, MD 20743
      View Details
    • Contact for pricing
      13,455 SF

      Multi-Tenant Industrial Asset For Sale

      13,455 SF multi-tenant industrial asset on 1.02 acres.
      6118 Central Ave, Capitol Heights, MD 20743
      View Details
    • Contact for pricing
      85,514 SF

      Grocery-Anchored Shopping Center For Sale

      Neighborhood shopping center anchored by New Grand Mart.
      4783 Marlboro Pike, Capitol Heights, MD 20743
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,748 SF

      Retail Space Near Metro Station

      Retail space with high visibility and ample customer parking.
      6214 Central Ave, Capitol Heights, MD 20743
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space with Drive-Through Potential

      Retail spaces available with high traffic and redevelopment opportunity.
      5400-5406 Marlboro Pike, District Heights, MD 20743
      View Details
    • Contact for pricing
      2,600 SF

      Retail Space on Martin Luther

      Retail space with plentiful parking and signage available for rent.
      5946-5950 Martin Luther King Jr Hwy, Capitol Heights, MD 20743
      View Details
    • $2,500 /Mo

      Retail Space Near Metro Station

      1500 sqft retail space near Capitol Heights metro station.
      5443 Addison Rd, Capitol Heights, MD 20743
      View Details
    • Contact for pricing
      145,000 SF

      Ritchie Station Marketplace Retail Space

      Premier shopping center with modern retail spaces and excellent visibility.
      1821 Ritchie Station Ct, Capitol Heights, MD 20743
      View Details
    • Contact for pricing

      Land with Excellent Highway Access

      Land with high visibility and access to I-95/I-495.
      9220 Alaking Ct, Capitol Heights, MD 20743
      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.
    7411 Central Ave
    Capitol Heights, MD 20743-2756
    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

    Thank You for Inquiry
    7411 Central Ave, Capitol Heights, MD, 20743
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!