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Listed by Leye Olorunfemi • Samson Properties
$ 2,600,000
Est. payment | /mo
1.06 Acres Lot
$ 2,600,000
Est. payment | /mo
1.06 Acres Lot
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDPG2202608
Year Built 1966
Annual Tax Amount $22,450
Tax Year 2025
Lot Size 1.060 Acres
Acres 1.06
Property Sub-Type Industrial
Source BRIGHT
Property Description
Exceptional investment opportunity in Capitol Heights, Maryland. This fully leased ±16,500 SF multi-tenant flex/light industrial asset comprises two connected masonry buildings plus an adjacent ±7,000 SF lot conveying with the sale.
The property is 100% occupied by three tenants, with recent improvements completed in 2023. The property includes an ±8,500 SF warehouse featuring a mezzanine floor, 24' clear heights, and dock and drive-in loading, together with an ±8,000 SF flex building consisting of two suites. Additional features include ample on-site parking. Zoned I-1 (Light Industrial) on a ±46,174 SF site, the property is well suited for flex, distribution, warehouse, or light manufacturing use.
Strategically located immediately off Central Avenue with direct access to I-495/I-95 and Washington, DC. Limited small-bay industrial supply within this infill submarket supports long-term occupancy stability and value preservation. Ideal opportunity for investors, owner/users, or 1031 exchange buyers.
The property is 100% occupied by three tenants, with recent improvements completed in 2023. The property includes an ±8,500 SF warehouse featuring a mezzanine floor, 24' clear heights, and dock and drive-in loading, together with an ±8,000 SF flex building consisting of two suites. Additional features include ample on-site parking. Zoned I-1 (Light Industrial) on a ±46,174 SF site, the property is well suited for flex, distribution, warehouse, or light manufacturing use.
Strategically located immediately off Central Avenue with direct access to I-495/I-95 and Washington, DC. Limited small-bay industrial supply within this infill submarket supports long-term occupancy stability and value preservation. Ideal opportunity for investors, owner/users, or 1031 exchange buyers.
Location
State MD
County Prince Georges
Zoning IE
Interior
Hot Water Electric
Cooling Central A/C
Heat Source Natural Gas, Electric
Exterior
Garage Spaces 22.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 22
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Prince George'S County Public Schools
Others
Tax ID 17182115855
Ownership Fee Simple
Special Listing Condition Standard
Schools and Properties Nearby
Learn More About LPT Realty
Patrick Smith
Realtor | License ID: 658929