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$1,700,000
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Property Description
Property Overview 6 lots sold together - a unique investment package featuring one standalone commercial building (formerly J&J Transmission) and two single-family homes with rental income potential. Total land area: 1.29 acres. Zoning flexibility - newly designated RMF-20 and RSF-65 zoning allows for a variety of uses including retail and restaurants such as Starbucks or similar concepts, office space and convenience stores, and multifamily or townhome development and religious facilities. Prime location and accessibility - strategically positioned on Martin Luther King Jr. Highway just south of Landover Road (MD 202), with high traffic flow, excellent visibility, an on-site WMATA bus stop (A12 and F12 routes), and surrounded by businesses, churches, and residential communities. Endless Development Potential Commercial expansion - develop a high-traffic retail hub while Investors and developers - this is an opportunity to transform a high-potential site into a thriving destination. Option 2 Own a shipping business and need storage space? Convert the standalone commercial building into a warehouse while continuing to rent out the two existing homes for steady income. Rental Income Potential Two-bedroom home: $1,900 per month Five-bedroom home: $2,800 per month Total annual rental income from homes: $56,400 Flex space rental after renovation: $8,000 to $10,000 per month Total annual rental income from flex space: $96,000 or more Potential total annual income exceeds $150,000. If you prefer not to purchase the full portfolio, you may purchase 7300 Martin Luther King Jr. Highway separately for $1.2 million. Contact us today to explore the possibilities
Full Property Details
Full Property Details for 7300 Martin Luther King Jr Hwy
General
- Price: $1,700,000
- Taxes: $4,631 (2026)
- Status: Active
- Type: Warehouse
- Source: BrightMLSMidAtlantic
- MLS ID: MDPG2201814
- Updated: 6/2/2026
- Added to Site: 78 day(s) ago
Business
- Business Type: Flex, Restaurant/Bar, Religious Facility, Professiona
Parking
- Total Spaces: 30
- Parking Features: Private
- Parking Type: Parking Lot, On Street
Location
- County: PRINCE GEORGES
- Driving Directions: Follow I-495 N/I-95 N to MD-202 N/Landover Rd in Lake Arbor. Take exit 17 from I-495 N/I-95 N Continue on MD-202 N/Landover Rd. Drive to MD-704 S in Greater Landover Use the left 2 lanes to turn left onto MD-202 N/Landover Rd Use the right lane to merge onto MD-704 S via the ramp to Seat Pleasant Destination will be on the right.
Heating & Cooling
- Cooling Type: None
- Heating Type: None
- Water Heater: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Mixed
- Building Size: 3023
- Year Built: 1940
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.36
- Lot Size (Sq. Ft.): 15,469
- Lot Size Source: Assessor
- Zoning: RMF20
Financial Considerations
- Price Per Sq. Ft.: $562.36
- Tax Amount: $4,631
- Tax Year: 2026
Disclosures and Reports
- Ownership: Fee Simple
Listed by RE/MAX Allegiance, Sebrin Adem
Get Pre-Approved Today
Schools
Schools serving 7300 Martin Luther King Jr Hwy
School District:Prince George's County Public Schools
| Name | Grades | Distance |
|---|---|---|
Columbia Park Elementary School 1901 Kent Village Dr, Greater Landover, MD 20785 | PK-6 | 0.4 mi |
G. James Gholson Middle School 900 Nalley Rd, Greater Landover, MD 20785 | 6-8 | 1.1 mi |
Fairmont Heights High School 6501 Columbia Park Rd, Greater Landover, MD 20785 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7300 Martin Luther King Jr Hwy
Date
Details
Price
Change
Source
5/04/2026
Listed
$1,700,000
468.56%
MLS
12/16/2022
Sold
$299,000
—
Public Record
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
Tax History for 7300 Martin Luther King Jr Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,269
—
$311,667
3%
2023
$3,269
—
$302,833
3%
2023
$3,269
1%
$294,000
1%
2022
$3,237
-21%
$291,100
1%
2019
$4,086
-13%
$288,200
1%
2021
$4,722
—
$285,300
—
2020
$4,722
—
$285,300
—
2019
$4,722
-1%
$285,300
-2%
2018
$4,787
3%
$289,700
3%
2017
$4,654
5%
$280,733
3%
2016
$4,437
5%
$271,767
3%
2015
$4,243
—
$262,800
—
2014
$4,232
—
$262,033
—
Disclaimer: Historical tax 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 7300 Martin Luther King Jr Hwy
7300 Martin Luther King Jr Highway, Hyattsville, MD 20785 (MLS# MDPG2201814) is a Warehouse property. 7300 Martin Luther King Jr Highway is currently listed for $1,700,000 and was received on May 04, 2026. Want to learn more about 7300 Martin Luther King Jr Highway? Do you have questions about finding other Warehouse real estate for sale in Hyattsville? You can browse all Hyattsville real estate or contact a Coldwell Banker agent to request more information.

