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Tamika R. Johnson

tamika@tamikajohnson-realtor.com +1(240) 602-4348

Listed by Sebrin Adem • RE/MAX Allegiance

$ 1,800,000

Est. payment -/mo

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Active

7300 MARTIN LUTHER KING JR HWY Hyattsville, MD 20785

3,023 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,023 sqft

Price per Sqft $595

MLS Listing ID MDPG2144528

Originating Board BRIGHT

Year Built 1940

Annual Tax Amount $4,500

Tax Year 2024

Lot Size 0.355 Acres

Acres 0.36

Property Sub-Type Mixed Use

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 million.

📞 Contact us today to explore the possibilities!

Location

State MD

County Prince Georges

Zoning RMF20

Interior

Hot Water None

Heating None

Cooling None

Heat Source None

Exterior

Garage Spaces 30.0

Water Access N

Accessibility None

Total Parking Spaces 30

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Prince George'S County Public Schools

Others

Tax ID 17131408574

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Tamika R. Johnson

Broker Associate | License ID: 607079

+1(240) 602-4348

Tamika R. Johnson

7300 MARTIN LUTHER KING JR HWY Hyattsville, MD 20785

Key Details

Location

Interior

Exterior

Building

Schools

Others

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7300 MARTIN LUTHER KING JR HWY