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29224905

1793 Olive St, Capitol Heights, MD 20743 For Sale

JG
MD 0671479, VA 0225237596 (+2)
United Real Estate
United Real Estate
Listed by United Real Estate
$2,500,000
379 days on market
Updated 29 days ago

Olive St Portfolio 3 Properties 1789/1791/1793 Olive St,

Details
APN 3792876; 023792884; 023792892
Property Type Industrial
Sub Type Warehouse
Square Footage 12,178
Net Rentable (SqFt) 12,178
Units 3
Cap Rate 7.62%
NOI $243,560
Occupancy 33%
Lease Type NNN
Price per SqFt $197
Class B
Year Built 1951
Buildings 3
Stories 1
Acreage 0.597
Zoning Industrial Heavy (PG I-2)
Investment Type Owner/User
Ceiling Height 23Ft
Loading Docks 3
Ownership Fee Simple/Condominium

Industrial | .097% CAP | 12,178RSF

Marketing description

1789 Olive Street offers a highly functional office-dominated layout, ideal for businesses seeking administrative or professional 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 10- 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 fulfil ment space without compromising their front-end office environment. The layout offers substantial operational flexibility in a well-connected industrial location.


1791 Olive Street emphasizes storage and industrial use, with a modest front office leading into a large, open, clear-span warehouse. High ceilings and an efficient layout support scalable storage needs, order fulfillment, or vehicle and equipment housing.


The 18-foot roll-up door facilitates efficient freight handling and loading/unloading, making this space especially valuable for trades, contractors, or any use requiring frequent shipping or receiving. The structure and configuration lend themselves to long-term usability with minimal capital improvements.


1793 Olive Street provides a balanced layout of office and warehouse space and is currently leased, generating immediate income. The unit supports a range of operational profiles with its blend of open warehouse and dedicated office areas.


Equipped with a 18-foot roll-up loading door, this space accommodates service-based, distribution, or operational users that require internal coordination alongside physical logistics. The current lease provides stability while the flexible layout offers options for future use or repositioning.

Listing Contacts

JG
MD 0671479, VA 0225237596 (+2)
United Real Estate
United Real Estate
Listed by United Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$243,560.00
$20,296.67/mo

Valuation Metrics

0
DSCR
9.74%
Cap Rate
9.74%
ROI

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Additional Information

Name
Jose Guzman
License
0671479
Brokerage
United Real Estate
Brokerage Phone
240 660 7291
Title
Legacy Plus Group Real Estate Services
Brokerage Address
8000 Towers Crescent Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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