7300 Martin Luther King Jr Hwy
$1,800,000
7300 Martin Luther King Jr Hwy, Hyattsville, MD 20785
3,023 sqft
Building Size
1940
Year Built
Details:
Highlights:
- Days on Market: 110
- Parking Features: Private
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!
Location

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