District Heights MD Real Estate & Commercial for Sale
1 Properties Found
The median home value in District Heights, MD is $372,775.
This is
higher than
the county median home value of $369,000.
The national median home value is $308,980.
The average price of homes sold in District Heights, MD is $372,775.
Approximately 55% of District Heights homes are owned,
compared to 40% rented, while
5% are vacant.
District Heights real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact District Heights real estate agent to arrange a tour
today! Learn more about District Heights Real Estate.
UPDATE: Newly renegotiated lease with 5% escalation | 7.32% Cap Rate Available for the first time in 70 years, 7605-7609 Marlboro Pike is a 3,710 SF fully-leased retail asset offering immediate, high-performance cash flow. The property is 100% occupied by long-term tenants, recently bolstered by a newly renegotiated lease for the nail salon suite featuring 5% annual rent escalations. This lease structure provides a superior yield-on-cost and protection against inflation, supporting a robust 7.32% Cap Rate at the $1,750,000 list price. Positioned on a high-visibility corridor (31,000 VPD) within a Prince George's County revitalization zone, the asset has maintained a legendary 0% vacancy rate under family ownership since 1956. This is a premier 1031 exchange opportunity, offering rare stability combined with aggressive rental growth. For investors, this translates into a compelling profile: - In-place income today - Basis below replacement cost in a transitioning corridor - Exposure to a multi-year redevelopment initiative backed by local planning authorities Please do not disturb tenants. Notify advisor if you require access inside each shop.
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
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