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 Georges 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!
Details
MLS#: MDPG2144528 Price: $1,800,000
Year Built: 1940
County: PRINCE GEORGES Tax Fee: 4500
School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Bright MLS
Last updated: 2025-06-13T16:24:36.000-04:00. Privacy Policy