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7300 Martin Luther King Jr Hwy, Hyattsville, MD 20785 7300 Martin Luther King Junior Highway, Hyattsville, MD 20785
Residential - Income
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 $1.2 million. 📞 Contact us today to explore the possibilities!
Area Description
This offering is a portfolio sale consisting of six combined lots, including 7300 Martin Luther King Jr. as one of the primary properties. The portfolio also includes two residential properties that are currently rented, along with three additional vacant lots. All six parcels are being sold together as a single package.
Highlights
Lots of possiblilities.
Full Address: 7300 Martin Luther King Junior Highway, Hyattsville, MD 20785
Listing Type: FOR SALE
Status: Active
Region: E-ME
County: Prince George's County
Property ID: 4088647
Lots of possiblilities.