1791 Olive St,CAPITOL HEIGHTS, MD 20743
CAPITOL HEIGHTS, MD 20743
Description
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 capitalize on rising industrial lease rates and shrinking industrial inventory, and 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, and a gated, secure parking lot. Ideal for an investor or owner/user. *Sale lease-back potential for 1789 and 1791 units is fully available for purchase or lease.* Unit 1793 is on an NNN lease until 2028. The sister buildings are also listed on MLS ID MDPG2151134. MDPG2151124This building has the potential to be rented by a market rental of( IVR) $76,800/833,000 = 9% CAP RATE Please do your own due diligence before considering making an offer. The buyer must verify all information before submitting an offer.PORTFOLIO PURCHASE OF ALL THREE PROPERTIES TOTAL PRICE OF ($2,500,000.00)
Details
| MLS # | MDPG2151124 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1951 |
| Days On Site | 528 |
| Listing Provided By | Pearson Smith Realty, LLC | Jose L Guzman |
Features
| Story(s) | 1 |
|---|---|
| Units | 1 |
| Zoning | I2 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | 90% Forced Air |
Exterior
| Roof | Flat, Metal |
|---|---|
| Construction Materials | Block, Brick |
| Foundation Details | Block, Concrete Perimeter |
| Lot Features | Adjoins - Open Space |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Private, Fenced, Surface |
Utilities
| Utilities | Natural Gas Available, Cable TV, Electric Available, Phone Connected |
|---|
Taxes
| Tax Annual Amount | 6903 |
|---|
Area Information
| State | MD |
|---|---|
| County | PRINCE GEORGES MD |
| City | CAPITOL HEIGHTS |
| Zip Code | 20743 |
| Area | PRINCE GEORGES MD |
| School District | PRINCE GEORGE'S COUNTY PUBLIC SC |
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Learn More About This Property
| State | MD |
|---|---|
| County | PRINCE GEORGES MD |
| City | CAPITOL HEIGHTS |
| Zip Code | 20743 |
| Area | PRINCE GEORGES MD |
| School District | PRINCE GEORGE'S COUNTY PUBLIC SC |
