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$725,000

  • Sold
  • Closed
  • Commercial
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Prime investment opportunity. Property is suitable for many uses including contractors ,flex, manufacturing, suppliers. We have a recent Bank appraisal for $775,000. The seller will consider holding the first trust with 1/3 down , at 6.5% , balloon payment in 3 yrs and subject to the sellers approval of the buyers credit/financials .. The new owner will need to obtain their own use and occupancy permit

Full Property Details for 10701 Lanham Severn Rd

General

  • Sold For: $725,000
  • Taxes: $3,704 (2024)
  • Status: Closed
  • Type: Commercial
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDPG2122322
  • Added to Site: 527 day(s) ago

Business

  • Business Type: Other

Parking

  • Total Spaces: 24
  • Parking Features: Private, Surface
  • Parking Type: Parking Lot

Location

  • County: Prince Georges
  • Driving Directions: Lanham Severn Road
  • Traffic Count: Greater than 30000

Heating & Cooling

  • Cooling Type: Other
  • Cooling Fuel: Other
  • Heating Type: Radiator
  • Heating Fuel: Oil
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Frame
  • Stories/Levels: 0
  • Year Built: 1937
  • Year Built Source: Assessor
  • Property Condition: Average

Unit Information

  • # Tenants: Single

Lot Features

  • Lot Size (Acres): 0.73
  • Lot Size (Sq. Ft.): 31,738
  • Lot Size Source: Assessor
  • Zoning: CS

Financial Considerations

  • Price Per Sq. Ft.: $351.26
  • Assessment Year: 2024
  • County Tax: $2,772
  • County Tax Freq: Annually
  • Tax w/Assessment: $249,300
  • Tax Amount: $3,704
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple

Listed by W F Chesley Real Estate, LLC., Andrew J MacPherson
Sold by Non Subscribing Office, NON MEMBER

Listing agent

— 10701 Lanham Severn Rd —

  • Andrew J MacPherson

    W F Chesley Real Estate, LLC.

Get Pre-Approved Today

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 10701 Lanham Severn Rd

School District:Prince George's County Public Schools
NameGradesDistance
Catherine T. Reed Elementary School
9501 Greenbelt Road, Lanham, MD 20706
K-51.1 mi
Thomas Johnson Middle School
5401 Barker Place, Lanham, MD 20706
6-81.9 mi
Duval High School
9880 Good Luck Road, Lanham, MD 20706
9-120.8 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 10701 Lanham Severn Rd

Date
Details
Price
Change
Source
3/31/2025
Sold
$725,000
—
MLS
1/30/2025
Price Increased
$725,000
4.32%
MLS
8/09/2024
Listed
$695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by W F Chesley Real Estate, LLC., Andrew J MacPherson
Sold by Non Subscribing Office, NON MEMBER

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10701 Lanham Severn Road, Glenn Dale, MD 20769 (MLS# MDPG2122322) is a Commercial property that was sold at $725,000 on March 31, 2025. Want to learn more about 10701 Lanham Severn Road? Do you have questions about finding other Commercial real estate for sale in Glenn Dale? You can browse all Glenn Dale real estate or contact a Coldwell Banker agent to request more information.