$217.21 Per Sq Foot $20,936 est/mo Sourced by Back At You

6178 Oxon Hill Rd,Oxon Hill, MD 20745

Oxon Hill MD, 20745

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Description

Huge Price adjustment don't miss this opportunity. Introducing a Prime Investment Opportunity in Oxon Hill, Maryland! ?? Fully Leased Office Building with a Solid 7% Cap Rate Proportion Share for CAM:8.4%Escalation :3% every year. This remarkable property boasts a fully leased office building with a solid net income, offering a lucrative 7% Capitalization Rate (Cap Rate). Its excellent maintenance, both inside and out, ensures a lasting investment opportunity for discerning buyers. Gross well over $437K net flow $350K per year. need to say more this is your opportunity to own a beautiful office building. ?? Ample Parking and Expansion Potential The property includes plenty of parking spaces, and an adjacent lot can be negotiated as part of the sale. This offers flexibility for future expansion or development, making it a savvy investment choice. ?? Versatile Usage Potential Situated in the rapidly changing Oxon Hill area, this building presents multiple possibilities for income generation. It can be repurposed for enhanced revenue or transformed into new developments such as renowned hotel chains like Marriott or Hilton, apartments, or major retail establishments. ?? Medical Practitioner's Dream ( Mix tenants 60% Medical the rest professional) The first floor features a state-of-the-art operating room with a waiting area and offices, making it an ideal location for a medical practitioner or doctor's office. ?? Hot Property with Updated Zoning Recently updated to a NAC zone, this property is in high demand. Located southeast of Washington, DC's downtown district and east of Alexandria, Virginia, it is strategically positioned for success. ?? Strategic Location Situated near bustling Oxon Hill Rd, the property is surrounded by major businesses, retailers, restaurants, and banks. It offers easy access to Interstate 95/495 Capital Beltway and is just 10 minutes from the thriving National Harbor area, which continues to see significant development. ?? Price to Sell This is a rare opportunity for savvy investors with vision. With two proposed developments within a 5-minute radiuscondos with 200+ units and a high-rise apartment building with 200+ unitsthis property promises substantial returns. Don't miss out on this exceptional investment in one of Maryland's hottest areas. Contact us today to seize this golden opportunity!

Details

MLS#MDPG2105048
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1979
Days On Site88
Listing Provided ByRE/MAX Allegiance | Sebrin Adem

Features

SQ Feet17,955
ZoningNAC
Acreage1.08

Market Activity 20745

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Learn More About This Property

StateMD
CountyPrince Georges
CityOxon Hill
Zip Code20745
School DistrictPrince George's County Public Sc
Listing VS Median (in 20745)
Price:
$3,900,000
low | high
Med:
$379,964
100% of Average
SqFt:
17,955
low | high
Med:
979
100% of Average
$ / SqFt:
$217
low | high
Med:
$415
40.891614790128% of Average
On Site:
88
low | high
Med:
40.000000
100% of Average
Sourced by Back At You
Listing Updated: May 18, 2024 at 5:28:15 AM PDT