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$1,750,000 Just Listed
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Property Description
Positioned along one of Prince George's County's most closely watched revitalization corridors, this fully leased retail asset offers investors immediate cash flow with long-term upside. The ±3,710 SF property built in 1958 with three spaces is 100% leased, delivering long-term stable income at a 6.6% cap rate. With over 30,000+ vehicles passing daily and no near-term vacancy risk, the asset provides a true "day one" yield-ideal for investors seeking predictable returns in an emerging growth corridor. Having been family-owned for nearly 70 years with no vacancies is considered by some to be a "gold mine". The property sits within the Marlboro Pike corridor, where county-backed planning and private-sector initiatives are actively targeting reinvestment, economic growth, and repositioning of the corridor as a more vibrant commercial destination. Recent planning efforts highlight the Pike's capacity for new business development, improved retail environments, and long-term value creation through coordinated public and private investment. For investors, this translates into a compelling profile: - In-place income today - Basis below replacement cost in a transitioning corridor - Exposure to a multi-year redevelopment initiative backed by local planning authorities-
Full Property Details
Full Property Details for MLS# MDPG2198748
General
- Price: $1,750,000
- Taxes: $6,514 (2026)
- Status: Active
- Type: Retail
- Source: BrightMLSMidAtlantic
- MLS ID: MDPG2198748
- Updated: 4/18/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Other/General Retail
Parking
- Total Spaces: 20
- Parking Type: Parking Lot
Location
- County: PRINCE GEORGES
- Driving Directions: Use GPS for exact location.
- City Limits: Yes
Heating & Cooling
- Cooling Type: Other
- Cooling Fuel: Other
- Heating Type: Other
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Other
Structural Information
- Construction: Brick Front, Brick
- Roof: Flat
- Building Size: 3710
- Year Built: 1958
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,841
- Lot Size Source: Estimated
- Zoning: CGO
Financial Considerations
- Price Per Sq. Ft.: $471.7
- Tax w/Assessment: $387,133
- Tax Amount: $6,514
- Tax Year: 2026
Disclosures and Reports
- Ownership: Fee Simple
- Investment: Yes
Listed by Engel & Volkers Washington, DC, Anita John
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Price & Sales History for MLS# MDPG2198748
Date
Details
Price
Change
Source
4/17/2026
Listed
$1,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for MLS# MDPG2198748
MLS# MDPG2198748, District Heights, MD 20747 (MLS# MDPG2198748) is a Retail property. MLS# MDPG2198748 is currently listed for $1,750,000 and was received on April 17, 2026. Want to learn more about MLS# MDPG2198748? Do you have questions about finding other Retail real estate for sale in District Heights? You can browse all District Heights real estate or contact a Coldwell Banker agent to request more information.

