9220 Alaking CtCapitol Heights, MD 20743

  • Industrial properties
  • 73,688 SF
For Lease

Property Details for 9220 Alaking Ct

Year built
2017
Lot size
2.81 AC
Property size (Sq ft)
73,688 SF
Zone code
IE
Property type
Industrial properties
Property subtype
Other warehouses
APN
13-5565172
APU
135565172

Description

This exceptional commercial property offers two available retail pads situated within the 110-acre Steeplechase 95 business park in Capitol Heights, Maryland. The pads, measuring 0.95 acres and 2 acres respectively, boast unparalleled visibility and direct access from the highly trafficked I-95/I-495 interchange via exit 13. This strategic location benefits from a substantial daytime population and the proximity of a significant regional retail draw, the Ritchie Marlboro Station shopping center, located directly across the street. The property is ideally suited for a variety of retail uses, restaurants, or other commercial ventures. Further enhancing its appeal is the ongoing development of the 500-acre Westphalia Town Center residential community within two miles, and the presence of Joint Base Andrews, with its 14,000 personnel, just five miles away. The property's location within Prince George's County, Maryland, and its address at 9220 Alaking Ct, Capitol Heights, MD 20743, provides easy access to major transportation arteries and a robust consumer base. The total building square footage is 1 square foot, with a maximum contiguous square footage of 1 square foot. This listing presents a rare opportunity to establish a thriving business in a high-growth area with excellent visibility and accessibility. The property is zoned for commercial use and is ready for immediate development. The multiple tenancy option allows for flexibility in development plans.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,632,096
    Hospitality
    $12,486,926
    Educational
    $10,388,976
    Medical
    $10,746,269
    Retail
    $16,160,630
9220 Alaking Ct, Capitol Heights, Maryland

Location Insight

City
Capitol Heights
County
Prince George's
State
Maryland
Latitude
38.872
Longitude
-76.8466
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$157,538
$1,829,500
$12,337,600
$14,167,100
-
$1,829,500
$12,337,600
$14,167,100

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