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🚨 PRIME DEVELOPMENT OPPORTUNITY - 1.29 ACRES 🚨 Option 1, PORTFOLIO SALE - 6 LOTS | COMMERCIAL & RESIDENTIAL MIX Unlock the full potential of 7300 Martin Luther King Jr. Highway, a highly visible 1.29-acre portfolio offering a rare mix of commercial and residential properties in a prime Prince George's County location. Property Overview: ✔ 6 LOTS SOLD TOGETHER - A unique investment package featuring: One standalone commercial building (formerly J&J Transmission) Two single-family homes with rental income potential Total land area: 1.29 acres ✔ Zoning Flexibility - Newly designated RMF-20 & RSF-65 zoning allows for a variety of uses: Retail & Restaurants (Starbucks or equivalent) Office Space & Convenience Stores Multifamily or Townhome Development ✔ Prime Location & Accessibility - Strategically positioned on MLK Jr. Highway, just south of Landover Road (MD 202), with: High traffic flow & excellent visibility WMATA bus stop on-site (A12 & F12 routes) Surrounded by businesses, churches, and residential communities Endless Development Potential: 🢠Commercial Expansion - Develop a high-traffic retail hub while keeping rental income from existing homes. 🡠Residential Growth - Build a modern townhome community in a sought-after location. 💡 Mixed-Use Possibilities - Create a live-work-play environment with shops and housing. 📢 Investors & Developers - This is your chance to transform a high-potential site into a thriving destination! Option 2. Own a shipping business and need storage space? Convert this standalone commercial building into a warehouse while continuing to rent out the two existing homes for steady income! 💰 Rental Income Potential: 🡠2-Bedroom Home: $1,900/month 🡠5-Bedroom Home: $2,800/month ✔ Total Annual Rental Income (Homes): $56,400 🢠Flex Space Rental (After Renovation): 💼 $8K-$10K/month ✔ Total Annual Rental Income (Flex Space): $96,000+ 📈 Potential Annual Income: Over $150K! 📞 Contact us today to explore the possibilities!
| DAYS ON MARKET | 1 | LAST UPDATED | 3/13/2025 |
|---|---|---|---|
| YEAR BUILT | 1940 | COUNTY | PRINCE GEORGES |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| HEAT | None |
| LOT | 0.36 acre(s) |
| PARKING | On Street, Private, Parking Lot |
| SEWER | Public Sewer |
| TAXES | 4500 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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