2009 Beaver RdGreater Landover, MD 20785

  • Warehouses
  • 32,060 SF

Property Details for 2009 Beaver Rd

Year built
1984
Construction
BRICK
Lot size
1.37 AC
Property size (Sq ft)
32,060 SF
Zone code
IE
Property type
Warehouses
APN
13-1548122
APU
131548122

Description

This exceptional industrial property, located at 2009-2013 Beaver Road in Hyattsville, Maryland, offers 48,404 square feet of warehouse space. Currently, 22,750 square feet is available for lease. The building features a desirable 22-foot ceiling height, providing ample vertical storage capacity. The property is zoned I-2, offering flexibility for a variety of industrial uses. Parking is abundant, with a ratio of four spaces per 1,000 square feet of building area. This translates to significant parking availability for employees, clients, and deliveries. The strategic location in Prince George's County provides convenient access to major roadways, ensuring efficient transportation of goods and services. Its proximity to Washington, D.C. further enhances its appeal and accessibility. The single-tenant occupancy presents an excellent opportunity for a business seeking a substantial and well-equipped warehouse space in a prime location. This property is ideal for businesses requiring significant storage and convenient access to major transportation routes. The available space offers a chance to establish a strong presence in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,695,900
    6.5%
    $10,796,200
    7%
    $10,025,100
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,996,510
    Geo Method
    $8,566,940
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $5,512,000
    Mixed-Use / Specialty
    $5,473,240
    Hospitality / Lodging
    $3,990,670
    Office
    $5,420,820
    Institutional / Educational
    $5,683,140
    Residential Income
    $6,649,270
    Multifamily
    $8,080,690
    Automotive / Energy
    $4,871,260
    Parking / Income-Based Land
    $1,699,890
    Restaurant / Food Service
    $2,805,900
    Healthcare / Senior Housing
    $5,632,300

Location Insight

City
Landover
County
Prince George's
State
Maryland
Latitude
38.9184
Longitude
-76.9049
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
$28,924
$596,100
$2,005,000
$2,601,100
-
$596,100
$2,005,000
$2,601,100

FAQs

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