216 W Hampton Ave - Light Distribution FOR SALE


Capitol Heights, MD 20743- Walker Mill | 
$2,600,000 USD
202-386-1652
216 W Hampton Ave, Capitol Heights, MD for Sale
$2,600,000 USD
Light Distribution - FOR SALE
1/19
null | 8.35% Cap Rate

216 W Hampton Ave
Capitol Heights, MD 20743
Walker Mill


HIGHLIGHTS

  • Prime Location near Home Depot and major shopping center with strong Daily traffic
  • Fully leased income-Producing property with stable tenants
  • Excellent Visibility, convenient access, and ample customer parking

OVERVIEW

Exceptional investment opportunity in Capitol Heights, Maryland. This fully leased ±16,500 SF multi-tenant flex/light industrial asset comprises two connected masonry buildings plus an adjacent ±7,000 SF lot conveying with the sale. The property is 100% occupied by three tenants, with recent improvements completed in 2023. The property includes an ±8,500 SF warehouse featuring a mezzanine floor, 24' clear heights, and dock and drive-in loading, together with an ±8,000 SF flex building consisting of two suites. Additional features include ample on-site parking. Zoned I-1 (Light Industrial) on a ±46,174 SF site, the property is well suited for flex, distribution, warehouse, or light manufacturing use. Strategically located immediately off Central Avenue with direct access to I-495/I-95 and Washington, DC. Limited small-bay industrial supply within this infill submarket supports long-term occupancy stability and value preservation. Ideal opportunity for investors, owner/users, or 1031 exchange buyers.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$158 USD /SF

CAP RATE

8.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

undefined, Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating

CLEAR CEILING HT

24 Ft

DOCKS

1

DRIVE INS

1

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.08

LAND SF

46,987

ZONING

I-1 Light Industrial

APN/PARCEL ID

18-2067924,18-2115855

ASK ABOUT THIS PROPERTY

Leye OlorunfemiSamson PropertiesMore Info
202-386-1652

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

Leye OlorunfemiSamson PropertiesMore Info
202-386-1652

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