Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1951
Sq.Footage
N/A
Legacy Plus Group is excited to offer this unique opportunity to purchase a portfolio of three rare adjacent small bay covered dock industrial condo units for sale in Capitol Heights, Maryland, near the DC border. These industrial condos are perfect for investors looking to take advantage of rising industrial lease rates and shrinking industrial inventory for a contractor or owner/user needing space conveniently located in Maryland and Washington, DC. Hard to find I-2 Zoning for heavy industrial with abundant surface parking, 3 loading docks (1 per unit), covered loading area, 23’ ceiling height, parking lot with gated security, Ideal for investor or owner/user. *Sale lease-back potential for 1789 and 1791 units. *NNN lease in place for unit 1793 Is Leased until 2028. All 3 units are adjacent, but currently demised. Hard to find I-2 zoning for heavy industrial uses with abundant surface parking. Offer Summary, Unit 1789 4,307± SF, Unit 1791 4,249± SF Unit 1793 3,622± SF *TOTAL 12,178± SF* This unit has the potential for a rental income of $86,140 annually, based on the area rental estimates of $20 per SF, X 4,307 SF = 86,140.00 CAP RATE of 10% Sister buildings are also listed on the MLS, with the MLS ID MDPG2151102. MDPG2151124
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
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Cooling YN
YES
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Cooling
Central Air, Electric
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Heating YN
YES
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Heating
Electric, Natural Gas, Forced Air, Baseboard
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Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Private, Parking Lot
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Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Cleared
-
Property Type
Commercial Sale
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Property Sub Type
Industrial
Price
-
Sales Price
$700,000
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Tax Amount
6997.0
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Zoning
In Prince George's County, Maryland, the I-2 zoning district is designated for heavy industrial uses that may not be compatible
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Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Accessibility Features
Accessible Hallway(s)
-
Foundation Details
Concrete Perimeter, Slab
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Sewer
Private Sewer
-
Water Source
Public
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Location
County
PRINCE GEORGES
Elementary School
Middle School
High School
Listing Courtesy of Jose L Guzman , Pearson Smith Realty, LLC
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