PRIME DEVELOPMENT OPPORTUNITY 1.29 ACRES Option 1,PORTFOLIO SALE 6 LOTS | COMMERCIAL & RESIDENTIAL MIXUnlock 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 Georges 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 potentialTotal 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 StoresMultifamily or Townhome Development Prime Location & Accessibility Strategically positioned on MLK Jr. Highway, just south of Landover Road (MD 202), with:High traffic flow & excellent visibilityWMATA bus stop on-site (A12 & F12 routes)Surrounded by businesses, churches, and residential communitiesEndless 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!If you don't want to purchase the other properties together, you can choose to purchase just 7300 Martin Luther King Jr Hwy separately for $1.2 million. Contact us today to explore the possibilities!
ส่งอีเมลสอบถามได้ที่ RE/MAX Allegiance
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