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7300 Martin Luther King Jr Hwy

$1,800,000

7300 Martin Luther King Jr Hwy, Hyattsville, MD 20785

Active
Last Updated: 06/30/2025

3,023 sqft

Building Size

1940

Year Built

Details:
Building Size:    3,023 sqft
Year Built:    1940
Price Per Sqft:    $595.43
Zoning:    RMF20
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!

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