Property summary
This exceptional industrial property, located at 8607 Old Ardmore Rd in Greater Landover, Maryland, presents a unique investment opportunity. The property consists of two buildings totaling approximately 3,000 square feet of flexible space, including approximately 1,333 square feet of office space and a 1,200 square foot detached garage with heating and cooling. Situated on a 0.26-acre lot (11,242 sq ft), this single-tenancy property boasts a full basement and was built in 1933. Its strategic location offers unparalleled access to major highways, including I-495 (Capital Beltway), I-95, and US Route 50, providing efficient connectivity to Washington, D.C. (approximately 10 miles) and Baltimore (about 35 miles). Proximity to Ronald Reagan Washington National Airport and Baltimore/Washington International Thurgood Marshall Airport (BWI), as well as the Port of Baltimore, further enhances its logistical advantages. Zoned for industrial use, this property is ideal for warehousing, light manufacturing, automotive services, or contractor services. The property is situated within the Ardwick Industrial Park, near FedEx Field and major businesses like Giant Food's corporate office and distribution centers. The limited availability of comparable industrial properties in this high-demand area makes this a rare opportunity for businesses seeking to establish or expand their operations in a thriving industrial hub. The asking price is $950,000. The property's APN is 20-2275295.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
IE · Landover, MDZoning
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Zoning designation
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