1751 Kenilworth ave - Commercial LAND FOR SALE


Capitol Heights, MD 20743 67,082 SF
$2,000,000 USD
571-233-2879
1751 Kenilworth ave, Capitol Heights, MD for Sale
$2,000,000 USD
Commercial LAND - FOR SALE
1/1
67,082 SF

1751 Kenilworth ave
Capitol Heights, MD 20743


HIGHLIGHTS

  • 5.92% Cap Rate
  • IH (Industrial Heavy) Zoning - Demand for Industrial uses is strong.

OVERVIEW

The two existing tenants have been long term and are financially strong. The 2024 annual net income is around $118,463. The current uses are a crushed aggregate storage and sales operation and a highway billboard. The property is zoned IH (Industrial Heavy). IH land has been absorbed in Prince Georges Co.. With a Cap Rate of 5.92%, this offering avails the investor or end user the opportunity to expand their portfolio and enter the IH market with an acceptable return and the potential for increased value based upon scarcity of product / supply and demand.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/ACRE

$1,298,709/AC

PRICE/SF

$30 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Single Family Development

LAND ACRES

1.54 AC

LAND SF

67,082 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity

ZONING

IH (Industrial Heavy)

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Richard RoubinRoubin AssociatesMore Info
571-233-2879

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Richard RoubinRoubin AssociatesMore Info
571-233-2879

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.