Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    7905 Martin Luther King Jr Hwy Lanham, MD 20706-1507

    • Commercial land
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 04, 2024
    Location Intelligence
    Property ID
    US40-1961355
    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

    • Horace & Dickies Seafood of Glenarden / Soul Food Restaurant / Seafood Restaurant

    Property Details for 7905 Martin Luther King Jr Hwy

    Lot size
    0.12 lot acres
    Zone code
    CS
    Property type
    Commercial land
    APN
    13-5624102
    APU
    135624102

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lanham
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.8689
    Latitude
    38.9308
    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
    $581
    $43,500
    $0.00
    $43,500
    -
    $43,500
    $0.00
    $43,500

    Comparable in this City

    • Value Estimation by Request
      0.03 Acres

      Smith Ave

      VACANT COMMERCIAL LAND • 0.03 Acres
      Smith Ave, Lanham, MD 20706
      View Details
    • Value Estimation by Request
      0.17 Acres

      Annapolis Rd

      VACANT COMMERCIAL LAND • 0.17 Acres
      Annapolis Rd, Lanham, MD 20706
      View Details
    • Value Estimation by Request
      0.21 Acres

      Annapolis Rd

      VACANT COMMERCIAL LAND • 0.21 Acres
      Annapolis Rd, Lanham, MD 20706
      View Details
    • Value Estimation by Request
      0.00 Acres

      Annapolis Rd

      VACANT COMMERCIAL LAND • 0.00 Acres
      Annapolis Rd, Lanham, MD 20706
      View Details
    • Value Estimation by Request
      0.17 Acres

      Annapolis Rd

      VACANT COMMERCIAL LAND • 0.17 Acres
      Annapolis Rd, Lanham, MD 20706
      View Details
    • Value Estimation by Request
      0.39 Acres

      9421 Buena Vis Ave

      VACANT COMMERCIAL LAND • 0.39 Acres
      9421 Buena Vis Ave, Lanham, MD 20706
      View Details

    Similar Nearby for Sale

    • New
      Contact for pricing
      0.46 Acres

      Land in Lanham, Maryland

      Land near shopping, schools, and major traffic routes.
      10206 Poplar St, Lanham, MD 20706
      View Details
    • $2,750,000

      Greenbelt Road Development Opportunity

      12+ acres of land for development on Greenbelt Road.
      12+ Acres Greenbelt Rd, Greenbelt, MD 20706
      View Details
    • $53,000
      0.45 Acres

      Land For Sale, Lanham, MD

      Commercial land available in Lanham, MD.
      5546 Amber St, Lanham, MD 20706
      View Details
    • $42,000
      0.33 Acres

      Land in Quiet Lanham Setting

      Land near commuter routes, shops, restaurants, and WB&A Trail.
      5 Lots Rd, Lanham, MD 20706
      View Details
    • $169,900

      Land Available For Sale

      Land available for sale in Lanham, Maryland.
      6123 Naval Ave, Lanham, MD 20706
      View Details
    • $499,000
      5.59 Acres

      Land in Prime Lanham Location

      Development opportunity in Lanham, close to transport, parks, and shopping.
      Riverdale Rd, Lanham, MD 20706
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      39,640 SF

      Lanham Retail Land Opportunity

      1 Acre Retail Site, Glenn Dale, MD
      MD Glenn Dale Rd, Lanham, MD 20706
      View Details
    • Contact for pricing
      43,560 SF

      Seabrook Land: Restaurant/Auto Site

      Prime 1-acre Pad Site in Maryland
      9499 Lanham Severn Rd, Seabrook, MD 20706
      View Details
    • $16 SF/Yr
      1,200 SF

      Retail Space in Eastgate Center

      Retail space available in busy, highly visible shopping center.
      10621 Greenbelt Rd, Lanham, MD 20706
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Eastgate Center

      Retail space available in well-located, anchored shopping center.
      10501-10631 Greenbelt Rd, Lanham, MD 20706
      View Details
    • Contact for pricing
      41,480 SF

      Office Space in Goddard Corporate Park

      Class B office building with ample parking and convenient location.
      7515 Mission Dr, Lanham, MD 20706
      View Details
    • Contact for pricing
      1,201 SF

      Retail Space in Glenarden

      Retail space available in a high-traffic shopping center.
      2200-2250 Petrie Ln, Glenarden, MD 20706
      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.
    7905 Martin Luther King Jr Hwy
    Lanham, MD 20706-1507
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.