7300 Martin Luther King Jr Hwy - Auto Repair FOR SALE


Hyattsville, MD 20785- Greater Landover
$1,800,000 USD
703-225-8292
7300 Martin Luther King Jr Hwy, Hyattsville, MD for Sale
$1,800,000 USD
Auto Repair - FOR SALE
1/25
null | Request Cap Rate

7300 Martin Luther King Jr Hwy
Hyattsville, MD 20785
Greater Landover


OVERVIEW

PRIME DEVELOPMENT OPPORTUNITY – 1.29 ACRES If you don't want to purchase the portfolios together, you can choose to purchase just 7300 Martin Luther King Jr Hwy separately for $1 million. Option 1, PORTFOLIO SALE – 6 LOTS | COMMERCIAL & RESIDENTIAL MIX Unlock the full potential of 7300 Martin Luther King Jr. Highway, a highly visible 1.29-acre portfolio offering a rare mix of commercial and residential properties in a prime Prince George’s County location. Property Overview: 6 LOTS SOLD TOGETHER – A unique investment package featuring: One standalone commercial building (formerly J&J Transmission) Two single-family homes with rental income potential Total land area: 1.29 acres Zoning Flexibility – Newly designated RMF-20 & RSF-65 zoning allows for a variety of uses: Retail & Restaurants (Starbucks or equivalent) Office Space & Convenience Stores Multifamily or Townhome Development Prime Location & Accessibility – Strategically positioned on MLK Jr. Highway, just south of Landover Road (MD 202), with: High traffic flow & excellent visibility WMATA bus stop on-site (A12 & F12 routes) Surrounded by businesses, churches, and residential communities Endless Development Potential: Commercial Expansion – Develop a high-traffic retail hub while keeping rental income from existing homes. Residential Growth – Build a modern townhome community in a sought-after location. Mixed-Use Possibilities – Create a live-work-play environment with shops and housing. Investors & Developers – This is your chance to transform a high-potential site into a thriving destination! Option 2. Own a shipping business and need storage space? Convert this standalone commercial building into a warehouse while continuing to rent out the two existing homes for steady income! Rental Income Potential: 2-Bedroom Home: $1,900/month 5-Bedroom Home: $2,800/month Total Annual Rental Income (Homes): $56,400 Flex Space Rental (After Renovation): $8K–$10K/month Total Annual Rental Income (Flex Space): $96,000+ Potential Annual Income: Over $150K! Contact us today to explore the possibilities! Currently, two properties are rented, generating a combined annual income of $56,400.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$858 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6 Prime lots sold as one

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,396 SF

ZONING

CM

APN/PARCEL ID

13-1408574,13-1408582

ASK ABOUT THIS PROPERTY

Sebrin AdemRE/MAX AllegianceMore Info
703-225-8292

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Sebrin AdemRE/MAX AllegianceMore Info
703-225-8292

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