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$700,000 -$99,000 (-12.39%) Price Reduced

  • For Sale
  • Active
  • Commercial Service
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United Real Estate is excited to offer this unique opportunity to purchase a portfolio of three rare adjacent small bay covered dock industrial condo units for sale in Capitol Heights, Maryland, near the DC border. These industrial condos are perfect for investors looking to take advantage of rising industrial lease rates and shrinking industrial inventory for a contractor or owner/user needing space conveniently located in Maryland and Washington, DC. Hard to find I-2 Zoning for heavy industrial with abundant surface parking, 3 loading docks (1 per unit), covered loading area, 23' ceiling height, parking lot with gated security, Ideal for investor or owner/user. *Sale lease-back potential for 1789 and 1791 units. *NNN lease in place for unit 1793 Is Leased until 2028. All 3 units are adjacent, but currently demised Hard to find I-2 zoning for heavy industrial uses with abundant surface parking Offer Summary, Unit 1789 4,307± SF Unit 1791 4,249± SF Unit 1793 3,622± SF TOTAL 12,178± SF Please don't disturb the tenant; all appointments are to be with respective agents and authorized by the tenant.

Full Property Details for 1793 Olive St

General

  • Price: $700,000
  • Taxes: $5,885 (2024)
  • Status: Active
  • Type: Commercial Service
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDPG2151102
  • Updated: 1/19/2026
  • Added to Site: 260 day(s) ago

Business

  • Business Type: Professional

Rooms

Bathrooms

  • Restrooms: 1

Parking

  • Total Spaces: 7
  • Parking Features: Private, Fenced
  • Parking Type: Parking Lot

Location

  • County: PRINCE GEORGES
  • Driving Directions: Please use the GPS

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating Fuel: Natural Gas, Electric
  • Water Heater: Natural Gas, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Phone, Natural Gas Available, Phone Connected, Sewer Available, Water Available

Structural Information

  • Construction: Block
  • Foundation: Slab, Concrete Perimeter
  • Ceiling Height: 18' to 24'
  • Drive-In Doors: 1
  • Drive-In Clearance: 12' to 15'
  • # Loading Docks: 1
  • Stories/Levels: 1
  • Building Size: 3622
  • Year Built: 1951
  • Year Built Source: Assessor

Unit Information

  • # Tenants: Single

Lot Features

  • Fence: Yes
  • Zoning: I2
  • Lot Description: Adjoins - Open Space, Private, Level

Financial Considerations

  • Price Per Sq. Ft.: $193.26
  • Assessment Year: 2025
  • County Tax: $4,404
  • County Tax Freq: Annually
  • Tax w/Assessment: $429,800
  • Tax Amount: $5,885
  • Tax Year: 2024
  • Owner Pays: None

Disclosures and Reports

  • Ownership: Condominium
  • Inclusions: The property is tenant occupied with a NNN lease until 2028 and will be subject to tenant lease terms.

Listed by Pearson Smith Realty, LLC, Jose L Guzman and Pearson Smith Realty, LLC, Joseph Luis Guzman Jr.

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Listing agents

— 1793 Olive St —

  • Jose L Guzman

    Pearson Smith Realty, LLC

  • Joseph Luis Guzman Jr.

    Pearson Smith Realty, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1793 Olive St

School District:Prince George's County Public Schools
NameGradesDistance
Robert R. Gray Elementary School
4949 Addison Rd, Capitol Heights, MD 20743
PK-60.5 mi
G. James Gholson Middle School
900 Nalley Rd, Greater Landover, MD 20785
6-83 mi
Fairmont Heights High School
6501 Columbia Park Rd, Greater Landover, MD 20785
9-121.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1793 Olive St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/19/2026
Price Reduced
$700,000
-12.39%
MLS
5/04/2025
Listed
$799,000
97.28%
MLS
10/14/2014
Sold
$405,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1793 Olive St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,028
—
$429,800
9%
2023
$4,028
—
$396,000
9%
2023
$4,028
12%
$362,200
12%
2022
$3,598
5%
$323,533
14%
2019
$3,439
-12%
$284,867
16%
2021
$3,916
2%
$246,200
3%
2020
$3,826
2%
$240,167
3%
2019
$3,737
2%
$234,133
3%
2018
$3,647
—
$228,100
—
2017
$3,647
—
$228,100
—
2016
$3,647
-9%
$228,100
-13%
2015
$3,988
—
$260,700
—
2014
$3,988
—
$260,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by Pearson Smith Realty, LLC, Jose L Guzman and Pearson Smith Realty, LLC, Joseph Luis Guzman Jr.

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1793 Olive Street, Capitol Heights, MD 20743 (MLS# MDPG2151102) is a Commercial Service property. 1793 Olive Street is currently listed for $700,000 and was received on May 04, 2025. Want to learn more about 1793 Olive Street? Do you have questions about finding other Commercial Service real estate for sale in Capitol Heights? You can browse all Capitol Heights real estate or contact a Coldwell Banker agent to request more information.

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