About 7300 Martin Luther King Jr Hwy
Property Overview
6 lots sold together – a unique investment package featuring one standalone commercial building (formerly J&J Transmission) and two single-family homes with rental income potential. Total land area: 1.29 acres.
Zoning flexibility – newly designated RMF-20 and RSF-65 zoning allows for a variety of uses including retail and restaurants such as Starbucks or similar concepts, office space and convenience stores, and multifamily or townhome development and religious facilities.
Prime location and accessibility – strategically positioned on Martin Luther King Jr. Highway just south of Landover Road (MD 202), with high traffic flow, excellent visibility, an on-site WMATA bus stop (A12 and F12 routes), and surrounded by businesses, churches, and residential communities.
Endless Development Potential
Commercial expansion – develop a high-traffic retail hub while Investors and developers – this is an opportunity to transform a high-potential site into a thriving destination.
Option 2
Own a shipping business and need storage space? Convert the standalone commercial building into a warehouse while continuing to rent out the two existing homes for steady income.
Rental Income Potential
Two-bedroom home: $1,900 per month
Five-bedroom home: $2,800 per month
Total annual rental income from homes: $56,400
Flex space rental after renovation: $8,000 to $10,000 per month
Total annual rental income from flex space: $96,000 or more
Potential total annual income exceeds $150,000.
If you prefer not to purchase the full portfolio, you may purchase 7300 Martin Luther King Jr. Highway separately for $1.2 million.
Contact us today to explore the possibilities