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Property profile & analytics
FOR LEASE
Warehouses

9220 Alaking Ct Capitol Heights, MD 20743

73,688 SF 2.81 ac lot Built 2017
Entity Owned 9-yr Hold Free & Clear
Property ID
US40-1827780
Property summary
AI-generated overview

This exceptional commercial property offers two available retail pads situated within the 110-acre Steeplechase 95 business park in Capitol Heights, Maryland. The pads, measuring 0.95 acres and 2 acres respectively, boast unparalleled visibility and direct access from the highly trafficked I-95/I-495 interchange via exit 13. This strategic location benefits from a substantial daytime population and the proximity of a significant regional retail draw, the Ritchie Marlboro Station shopping center, located directly across the street. The property is ideally suited for a variety of retail uses, restaurants, or other commercial ventures. Further enhancing its appeal is the ongoing development of the 500-acre Westphalia Town Center residential community within two miles, and the presence of Joint Base Andrews, with its 14,000 personnel, just five miles away. The property's location within Prince George's County, Maryland, and its address at 9220 Alaking Ct, Capitol Heights, MD 20743, provides easy access to major transportation arteries and a robust consumer base. The total building square footage is 1 square foot, with a maximum contiguous square footage of 1 square foot. This listing presents a rare opportunity to establish a thriving business in a high-growth area with excellent visibility and accessibility. The property is zoned for commercial use and is ready for immediate development. The multiple tenancy option allows for flexibility in development plans.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2017
Total area 73,688 SF
Lot 2.81 ac (122,404 SF)
Zoning code IE
APN 13-5565172
UPID US40-1827780
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Holistic Industries Garden Center Landscaping
  • Steeplechase 95 International Business Park Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$10.04M
Blend (final) Blend
$13.56M
Owner & transaction history
Hp-md 1 LLC · 9 yrs held
Hp-md 1 LLC
since 2017
2 recorded transactions
2017
$8.0M
2017
$3.0M
Zoning & alternative use
IE · Capitol Heights, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $22.4M +26.3%
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