1789 Olive St, Capitol Heights, MD 20743 For Sale

Legacy Plus Group is excited to offer this unique opportunity to purchase a portfolio of three rare adjacent properties with a covered loading dock. Located in an industrial condo business park, for sale in Capitol Heights, Maryland, near the DC border.

These industrial condos are perfect for investors looking to take advantage of rising industrial lease rates and shrinking industrial inventory for a contractor or owner/user needing space conveniently located in Maryland and Washington, DC. Hard to find I-2 Zoning for heavy industrial with abundant surface parking, 3 loading docks (1 per unit), covered loading area, 23’ ceiling height, shared parking lot with gated security, Ideal for investor or owner/user. The 1789 and 1791 units are fully available. The unit 1793 Is Leased NNN until 2028- with an option to three additional years for until 2031. All 3 units are adjacent, but currently demised, hard to find I-2 zoning for heavy industrial uses with abundant shared surface parking. Offer Summary/Scenario>

-Unit 1789 RSF4,307 X $20=GPI$86,140)

- Unit 1791 RSF4,249 X$20=GPI$84,980)

- Unit 1793 RSF3,622X$15.84NOI$57,386)This unit is currently leased until 05/30/2028, with the option to three additional years until 05/30/2031.

The total RSF for all units is RSF12,178/SF$20=GPI$243,560)( V=$2.5M/Income$243K/ReturnCAP.097%)This scenario is based on the area and the current market prices. It is recommended for you to do your own research to find out all of the present market prices.

If you are looking on the MLS please search the following ID’s MDPG2151102. MDPG2151124

1789 Olive Street offers a highly functional warehouse layout ideal for businesses with manufacturing, storage, distributing center great workspace with the added benefit of on-site storage. Upon entering through the main entrance, you're greeted by a spacious interior office build-out stretching the unit’s full depth. Multiple private rooms, open workspaces, and adaptable office areas make it suitable for various operations, from small businesses to satellite offices or field coordination centers.

The unit also features a front-loading bay with a 14- foot roll-up door, providing convenient access to a dedicated storage section at the front of the building.

This setup is perfect for companies needing regular shipments, equipment access, or fulfillment space without compromising their front-end office environment. The layout offers substantial operational flexibility in a well-connected industrial location.