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Listed by Sebrin Adem • RE/MAX Allegiance
$1,700,000
Est. payment /mo
0.36 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDPG2201814
Year Built 1940
Annual Tax Amount $4,631
Tax Year 2026
Lot Size 0.355 Acres
Acres 0.36
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Property Overview
6 lots sold together – a unique investment package featuring one standalone commercial building (formerly J&J Transmission) and two single-family homes with rental income potential. Total land area: 1.29 acres.
Zoning flexibility – newly designated RMF-20 and RSF-65 zoning allows for a variety of uses including retail and restaurants such as Starbucks or similar concepts, office space and convenience stores, and multifamily or townhome development.
Prime location and accessibility – strategically positioned on Martin Luther King Jr. Highway just south of Landover Road (MD 202), with high traffic flow, excellent visibility, an on-site WMATA bus stop (A12 and F12 routes), and surrounded by businesses, churches, and residential communities.
Endless Development Potential
Commercial expansion – develop a high-traffic retail hub while Investors and developers – this is an opportunity to transform a high-potential site into a thriving destination.
Option 2
Own a shipping business and need storage space? Convert the standalone commercial building into a warehouse while continuing to rent out the two existing homes for steady income.
Rental Income Potential
Two-bedroom home: $1,900 per month
Five-bedroom home: $2,800 per month
Total annual rental income from homes: $56,400
Flex space rental after renovation: $8,000 to $10,000 per month
Total annual rental income from flex space: $96,000 or more
Potential total annual income exceeds $150,000.
If you prefer not to purchase the full portfolio, you may purchase 7300 Martin Luther King Jr. Highway separately for $1.2 million.
Contact us today to explore the possibilities
6 lots sold together – a unique investment package featuring one standalone commercial building (formerly J&J Transmission) and two single-family homes with rental income potential. Total land area: 1.29 acres.
Zoning flexibility – newly designated RMF-20 and RSF-65 zoning allows for a variety of uses including retail and restaurants such as Starbucks or similar concepts, office space and convenience stores, and multifamily or townhome development.
Prime location and accessibility – strategically positioned on Martin Luther King Jr. Highway just south of Landover Road (MD 202), with high traffic flow, excellent visibility, an on-site WMATA bus stop (A12 and F12 routes), and surrounded by businesses, churches, and residential communities.
Endless Development Potential
Commercial expansion – develop a high-traffic retail hub while Investors and developers – this is an opportunity to transform a high-potential site into a thriving destination.
Option 2
Own a shipping business and need storage space? Convert the standalone commercial building into a warehouse while continuing to rent out the two existing homes for steady income.
Rental Income Potential
Two-bedroom home: $1,900 per month
Five-bedroom home: $2,800 per month
Total annual rental income from homes: $56,400
Flex space rental after renovation: $8,000 to $10,000 per month
Total annual rental income from flex space: $96,000 or more
Potential total annual income exceeds $150,000.
If you prefer not to purchase the full portfolio, you may purchase 7300 Martin Luther King Jr. Highway separately for $1.2 million.
Contact us today to explore the possibilities
Location
State MD
County Prince Georges
Zoning RMF20
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Garage Spaces 30.0
Water Access N
Accessibility None
Total Parking Spaces 30
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Prince George'S County Public Schools
Others
Tax ID 17131408574
Ownership Fee Simple
Special Listing Condition Standard
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Nearby School & Business
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