10701 Baltimore AveBeltsville, MD 20705

Property Details for 10701 Baltimore Ave

Year built

1982

Construction

BRICK

Lot size

0.69 AC

Property size (Sq ft)

2,440 SF

Zone code

IE

Property type

Healthcare properties

Property subtype

Medical offices

APN

01-0021493

APU

10021493

Description

This 8,500 square foot stand-alone automotive building is located at 10701 Baltimore Ave, Beltsville, MD 20705, in Prince George's County. The single-tenant property features four 10' wide by 11' high drive-in bays, perfect for a variety of automotive uses. The building boasts updated sprinkler and alarm systems, ensuring safety and security. Four HVAC units provide climate control throughout the space. Ample parking is available with 40 exclusive spaces for customers and employees. The property benefits from recently approved new zoning, expanding the permitted uses to include, but not limited to: repair shops, body shops, tire services, showrooms, and oil change facilities. The landlord is highly motivated to work with a qualified tenant and is open to negotiation. This presents a unique opportunity to acquire a well-maintained, strategically located automotive building in a thriving area. The property's size, features, and flexible zoning make it an ideal investment for a variety of automotive businesses. The ample parking further enhances its appeal and functionality. Don't miss this chance to secure a prime location for your automotive enterprise.

• CAP approach

  CAP return

  Valuation

  6%

  $516,704

  6.5%

  $476,958

  7%

  $442,889

• Comparable approach

  Method

  Valuation

  Relative Method

  $184,841

  Geo Method

  $407,504

• Alternative Use

  Use

  Valuation

  Residential

  $591,428

  Hospitality

  $541,744

  Educational

  $450,725

  Medical

  $466,226

  Retail

  $701,128

Location Insight

City

Beltsville

County

Prince George's

State

Maryland

Latitude

39.0302

Longitude

-76.9135

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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