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7300 MARTIN LUTHER KING JR HIGHWAY, HYATTSVILLE, MD 20785
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$1,790,000
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Home Details for 7300 MARTIN LUTHER KING JR HIGHWAY
Price
$1,790,000
Type
Commercial/Industrial
Year Build
1940
Lot Size
0.36
County
PRINCE GEORGES
Tax
$4,500
MLS®️ Listing#
MDPG2144528
On exitrealty.com
250 days
Property Description
🚨 PRIME DEVELOPMENT OPPORTUNITY – 1.29 ACRES 🚨
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 George’s County location.
Property Overview:
✔ 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
✔ 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
✔ 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:
🢠Commercial Expansion – Develop a high-traffic retail hub while keeping rental income from existing homes.
🡠Residential Growth – Build a modern townhome community in a sought-after location.
💡 Mixed-Use Possibilities – Create a live-work-play environment with shops and housing.
📢 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!
💰 Rental Income Potential:
🡠2-Bedroom Home: $1,900/month
🡠5-Bedroom Home: $2,800/month
✔ Total Annual Rental Income (Homes): $56,400
🢠Flex Space Rental (After Renovation):
💼 $8K–$10K/month
✔ Total Annual Rental Income (Flex Space): $96,000+
📈 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 $1.2 million.
📞 Contact us today to explore the possibilities!
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- Parking
- On Street
- Private
- Parking Lot
- Cooling Information
- None
- Heating Information
- None
- Water Features
- Public
Listing Courtesy: RE/MAX Allegiance - 703-237-9500
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-09-05 05:57:54
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