7300 Martin Luther King Jr Highway

About this property

Property Overview6 lots sold together – a unique investment package featuring one standalone commercial building (formerly J&J Transmission) and two single-family homes with rental income potential. Total land area: 1.29 acres.Zoning flexibility – newly designated RMF-20 and RSF-65 zoning allows for a variety of uses including retail and restaurants such as Starbucks or similar concepts, office space and convenience stores, and multifamily or townhome development and religious facilities.Prime location and accessibility – strategically positioned on Martin Luther King Jr. Highway just south of Landover Road (MD 202), with high traffic flow, excellent visibility, an on-site WMATA bus stop (A12 and F12 routes), and surrounded by businesses, churches, and residential communities.Endless Development PotentialCommercial expansion – develop a high-traffic retail hub while Investors and developers – this is an opportunity to transform a high-potential site into a thriving destination.Option 2Own a shipping business and need storage space? Convert the standalone commercial building into a warehouse while continuing to rent out the two existing homes for steady income.Rental Income PotentialTwo-bedroom home: $1,900 per monthFive-bedroom home: $2,800 per monthTotal annual rental income from homes: $56,400Flex space rental after renovation: $8,000 to $10,000 per monthTotal annual rental income from flex space: $96,000 or morePotential total annual income exceeds $150,000.If you prefer not to purchase the full portfolio, you may purchase 7300 Martin Luther King Jr. Highway separately for $1.2 million.Contact us today to explore the possibilities