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Investment Highlights
- Freestanding 6,316 ± SF retail property positioned on 0.34 acres of land.
- Strong traffic visibility with over 22,000 vehicles per day and convenient freeway access.
- Proximity to major destinations including Northwest Stadium, Ritchie Station Marketplace, and Blue/Silver Line Metro Stations.
- Located within a Prince George’s County Redevelopment Zone offering potential investment incentives.
- Long-term credit tenant lease in place ensuring consistent revenue streams.
- Excellent regional connectivity via I-495, I-95, and multiple Metro stations serving downtown Washington, DC.
Executive Summary
This 6,316 ± SF freestanding retail building presents a rare investment opportunity in a highly accessible location within Capitol Heights, MD. Positioned on 0.34 acres, the property sits along a visible traffic corridor with more than 22,000 vehicles passing daily, ensuring consistent exposure for businesses. Zoned I-E (Industrial Employment), the site offers long-term flexibility for a variety of commercial uses under a favorable district that encourages economic development.
The property is located in a Prince George’s County-designated Redevelopment Zone, which carries potential incentives and aligns with county plans for enhanced infrastructure and growth. Investors benefit from an established long-term credit tenant lease in place, supporting income stability and future upside potential. With proximity to major transportation routes, including I-495 and I-95, as well as nearby access to the Blue/Silver Metro lines, the location supports connectivity for both customers and employees while strengthening tenant draw. This is an advantageous acquisition offering sustained income and compelling appreciation prospects within a market targeted for growth.
The property is located in a Prince George’s County-designated Redevelopment Zone, which carries potential incentives and aligns with county plans for enhanced infrastructure and growth. Investors benefit from an established long-term credit tenant lease in place, supporting income stability and future upside potential. With proximity to major transportation routes, including I-495 and I-95, as well as nearby access to the Blue/Silver Metro lines, the location supports connectivity for both customers and employees while strengthening tenant draw. This is an advantageous acquisition offering sustained income and compelling appreciation prospects within a market targeted for growth.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,316 SF
Building Class
C
Year Built
1963
Price
$2,200,000
Price Per SF
$348.32
Tenancy
Single
Building Height
1 Story
Building FAR
0.43
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
IE
Parking
10 Spaces (1.58 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 13-1536028 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $585,967 |
Property Taxes
Parcel Number
13-1536028
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$585,967
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116 Ritchie Rd



