🚨 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!
2 weeks ago | Listing updated with changes from the MLS® | |
3 weeks ago | Listing first seen on site |
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