8607 Old Ardmore RdGreater Landover, MD 20785

  • Industrial properties
  • 1,333 SF
For Sale
$950,000 View listing

Property Details for 8607 Old Ardmore Rd

Year built
1933
Construction
FRAME
Lot size
0.26 AC
Property size (Sq ft)
1,333 SF
Zone code
IE
Property type
Industrial properties
APN
20-2275295
APU
202275295

Description

This exceptional industrial property, located at 8607 Old Ardmore Rd in Greater Landover, Maryland, presents a unique investment opportunity. The property consists of two buildings totaling approximately 3,000 square feet of flexible space, including approximately 1,333 square feet of office space and a 1,200 square foot detached garage with heating and cooling. Situated on a 0.26-acre lot (11,242 sq ft), this single-tenancy property boasts a full basement and was built in 1933. Its strategic location offers unparalleled access to major highways, including I-495 (Capital Beltway), I-95, and US Route 50, providing efficient connectivity to Washington, D.C. (approximately 10 miles) and Baltimore (about 35 miles). Proximity to Ronald Reagan Washington National Airport and Baltimore/Washington International Thurgood Marshall Airport (BWI), as well as the Port of Baltimore, further enhances its logistical advantages. Zoned for industrial use, this property is ideal for warehousing, light manufacturing, automotive services, or contractor services. The property is situated within the Ardwick Industrial Park, near FedEx Field and major businesses like Giant Food's corporate office and distribution centers. The limited availability of comparable industrial properties in this high-demand area makes this a rare opportunity for businesses seeking to establish or expand their operations in a thriving industrial hub. The asking price is $950,000. The property's APN is 20-2275295.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $246,602
    Hospitality
    $225,886
    Educational
    $187,934
    Medical
    $194,398
    Retail
    $292,342

Location Insight

City
Landover
County
Prince George's
State
Maryland
Latitude
38.9387
Longitude
-76.8593
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
$3,021
$134,900
$136,800
$271,700
-
$134,900
$136,800
$271,700

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