1751 Kenilworth ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1751 Kenilworth ave
1.54 Acres of Commercial Land Offered at $2,000,000 in Capitol Heights, MD 20743
Investment Highlights
- 5.92% Cap Rate
- IH (Industrial Heavy) Zoning - Demand for Industrial uses is strong.
Executive Summary
The two existing tenants have been long term and are financially strong. The 2024 annual net income is around $118,463. The current uses are a crushed aggregate storage and sales operation and a highway billboard. The property is zoned IH (Industrial Heavy). IH land has been absorbed in Prince Georges Co.. With a Cap Rate of 5.92%, this offering avails the investor or end user the opportunity to expand their portfolio and enter the IH market with an acceptable return and the potential for increased value based upon scarcity of product / supply and demand.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $2,000,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 1.54 AC |
| Property Type | Land |
| Price | $2,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Single Family Development |
| Total Lot Size | 1.54 AC |
1 Lot Available
Lot
| Price | $2,000,000 | Lot Size | 1.54 AC |
| Price Per AC | $1,298,701 |
| Price | $2,000,000 |
| Price Per AC | $1,298,701 |
| Lot Size | 1.54 AC |
The property consists of two adjacent industrial parcels, Zoned IH. Parcel F (51,951sf) & Parcel L (15,167sf). It's located at the corner of Kenilworth Ave. & S St. Capitol Heights MD 20743. Tax Map No.: District 2, Account Nos. 0158279 and 0090746.
Description
The property is generally at street grade, irregular in shape, fenced and cleared.
zoning
| Zoning Code | IH (Industrial Heavy) ((Industrial Heavy)) |
| IH (Industrial Heavy) ((Industrial Heavy)) |
1 of 2
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
1751 Kenilworth ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.