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Margaret Lamberton
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202-210-4215
mslamberton@
mindspring.com
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FOR SALE
$1,800,000

7300 MARTIN LUTHER KING JR Highway
Hyattsville, MD 20785

General Commercial
Commercial
0.36
Acre Lot
Courtesy: RE/MAX Allegiance
Home> Maryland> Hyattsville> 20785
ð??¨ PRIME DEVELOPMENT OPPORTUNITY - 1.29 ACRES ð??¨ 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 Georges County location. Property Overview: â?? 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 â?? 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 â?? 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: ð?¢ Commercial Expansion - Develop a high-traffic retail hub while keeping rental income from existing homes. ð?¡ Residential Growth - Build a modern townhome community in a sought-after location. ð??¡ Mixed-Use Possibilities - Create a live-work-play environment with shops and housing. ð??¢ 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! ð??° Rental Income Potential: ð?¡ 2-Bedroom Home: $1,900/month ð?¡ 5-Bedroom Home: $2,800/month â?? Total Annual Rental Income (Homes): $56,400 ð?¢ Flex Space Rental (After Renovation): ð??¼ $8K-$10K/month â?? Total Annual Rental Income (Flex Space): $96,000+ ð??? Potential Annual Income: Over $150K! If you don't want to purchase the other properties together, you can choose to purchase just 7300 Martin Luther King Jr Hwy separately for $1 million. ð??? Contact us today to explore the possibilities!
MDPG2144528
General Commercial
PRINCE GEORGES
1940
0.36 Acres
Public Water Service
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: RE/MAX Allegiance
This content last refreshed on 4/28/2025 5:53 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.