Property profile

8700 Ritchie Dr Capitol Heights, MD 20743

OFF-MARKET
Warehouses
Property ID
US40-1348941
102,702 SF 6.02 ac lot Built 2000
Entity Owned 3-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2000
Construction BRICK
Total area 102,702 SF
Lot 6.02 ac (262,231 SF)
Zoning code IE
APN 13-1413087
UPID US40-1348941

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency

Location

8700 Ritchie Dr Capitol Heights, MD 20743-4919
Capitol Heights metro Census 802204 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$27.17M
Blend (final) Blend
$20.42M

Owner & transaction history

since 2023
Last sale
$20.4M
5 recorded transactions
2024
Price N/A
2023
$20.4M
2020
$12.3M
2000
$4.8M
1969
Price N/A

Zoning & alternative use

IE · Capitol Heights, MD
Zoning description

The purposes of the Industrial, Employment (IE) Zone are to provide for a mix of employment, research and development, and light industrial development, with an expectation of high quality design that is set apart from t…

General category INDUSTRIAL
Top alternative use upside
Medical building $31.2M +26.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8700 Ritchie Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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