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5051 Greenbelt Rd
College Park, MD 20740
Retail Property For Sale
Investment Highlights
- High Traffic Location Near University of Maryland: With approximately 40,101 vehicles passing by daily.
Executive Summary
Prime Commercial Opportunity in College Park!
Discover this exceptional two-story commercial property, offering approximately 2,400 square feet of versatile retail space alongside an additional 900 square feet of warehouse storage. Nestled on a 0.19-acre lot, this property boasts a highly visible location, ensuring significant foot and vehicle traffic with an impressive 40,101 vehicles passing by daily.
Key Features:
- Spacious Retail Area: The expansive 2,400± SF retail space is ideal for a variety of business operations, catering to diverse retail needs and customer bases.
- Warehouse Access: The 900± SF warehouse provides essential storage or operational space, enhancing your business capabilities.
- Upgrades: Benefit from a new upgrades, ensuring the property is well-maintained and ready for immediate use.
- Ample Parking: With parking for approximately 20 vehicles, customers and staff will enjoy convenient access, enhancing the shopping experience.
- Zoning Flexibility: Classified under CSC, the property offers a range of business opportunities, making it a perfect fit for aspiring entrepreneurs or established businesses.
- Proximity to University of Maryland: Located just minutes from the University of Maryland, this property captures the attention of students, faculty, and staff, providing an excellent customer base and vibrant community engagement.
Situated with convenient access to Kenilworth Ave. and Route 1, this property presents an excellent investment opportunity for retail or commercial enterprises. Don’t miss your chance to secure a prime location in a thriving area.
- Please do not visit the property without a scheduled appointment to ensure a smooth viewing experience.
Discover this exceptional two-story commercial property, offering approximately 2,400 square feet of versatile retail space alongside an additional 900 square feet of warehouse storage. Nestled on a 0.19-acre lot, this property boasts a highly visible location, ensuring significant foot and vehicle traffic with an impressive 40,101 vehicles passing by daily.
Key Features:
- Spacious Retail Area: The expansive 2,400± SF retail space is ideal for a variety of business operations, catering to diverse retail needs and customer bases.
- Warehouse Access: The 900± SF warehouse provides essential storage or operational space, enhancing your business capabilities.
- Upgrades: Benefit from a new upgrades, ensuring the property is well-maintained and ready for immediate use.
- Ample Parking: With parking for approximately 20 vehicles, customers and staff will enjoy convenient access, enhancing the shopping experience.
- Zoning Flexibility: Classified under CSC, the property offers a range of business opportunities, making it a perfect fit for aspiring entrepreneurs or established businesses.
- Proximity to University of Maryland: Located just minutes from the University of Maryland, this property captures the attention of students, faculty, and staff, providing an excellent customer base and vibrant community engagement.
Situated with convenient access to Kenilworth Ave. and Route 1, this property presents an excellent investment opportunity for retail or commercial enterprises. Don’t miss your chance to secure a prime location in a thriving area.
- Please do not visit the property without a scheduled appointment to ensure a smooth viewing experience.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,400 SF
Building Class
C
Year Built
1956
Price
$1,299,000
Price Per SF
$541.25
Cap Rate
7%
NOI
$90,930
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.29
Lot Size
0.19 AC
Opportunity Zone
Yes
Zoning
CSC - Commercial Shopping Center zoning - areas that are intended to house retail shops, as well as other compatible uses
Parking
20 Spaces (6.25 Spaces per 1,000 SF Leased)
Frontage
28’ on Greenbelt Rd
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 21-2421709 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $673,233 |
Property Taxes
Parcel Number
21-2421709
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$673,233
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