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Résumé de l'annonce
PRIME DEVELOPMENT OPPORTUNITY – 1.29 ACRES
Option 1: Portfolio Sale – 6 Lots | Commercial and Residential Mix
Unlock the full potential of 7300 Martin Luther King Jr. Highway, a highly visible 1.29-acre portfolio offering a rare mix of commercial and residential properties in a prime Prince George’s County location.
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.
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 maintaining rental income from existing homes.
Residential growth – build a modern townhome community in a desirable location.
Mixed-use possibilities – create a live-work-play environment with integrated retail and housing.
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.
Option 1: Portfolio Sale – 6 Lots | Commercial and Residential Mix
Unlock the full potential of 7300 Martin Luther King Jr. Highway, a highly visible 1.29-acre portfolio offering a rare mix of commercial and residential properties in a prime Prince George’s County location.
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.
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 maintaining rental income from existing homes.
Residential growth – build a modern townhome community in a desirable location.
Mixed-use possibilities – create a live-work-play environment with integrated retail and housing.
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.
Salle de données Cliquez ici pour accéder à
- Offering Memorandum
Faits sur la propriété
| Prix | 2 309 909 $ CAD | Nombre de propriétés | 6 |
| Prix/pi² | 764,11 $ CAD / pi² | Individuellement en vente | 0 |
| Type de vente | Investissement ou propriétaire utilisateur | Taille totale du bâtiment | 3 023 pi² |
| Statut | Actif | Superficie totale du terrain | 1,13 AC |
| Prix | 2 309 909 $ CAD |
| Prix/pi² | 764,11 $ CAD / pi² |
| Type de vente | Investissement ou propriétaire utilisateur |
| Statut | Actif |
| Nombre de propriétés | 6 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 3 023 pi² |
| Superficie totale du terrain | 1,13 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
| 7300 Martin Luther King Jr Hwy, Hyattsville, MD 20785 | Commerce de détail | 3 023 pi² | 1940 | - |
| 7220 E Ridge Dr, Hyattsville, MD 20785 | Terrain | 0,16 AC | - | - |
| 7229 Flagstaff St, Hyattsville, MD 20785 | Terrain | 0,13 AC | - | - |
| 2109 Grove Pl, Landover, MD 20785 | Terrain | 0,23 AC | - | - |
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