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6178 Oxon Hill Road, Oxon Hill, MD 20745
$3,900,000
6178 Oxon Hill Road, Oxon Hill, MD 20745View this property at 6178 Oxon Hill Road, Oxon Hill, MD 20745
6178 Oxon Hill RoadOxon HillMD20745
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Property Description
Huge Price adjustment don't miss this opportunity. Introducing a Prime Investment Opportunity in Oxon Hill, Maryland! 🌟 Fully Leased Office Building with a Solid 7% Cap Rate Proportion Share for CAM:8.4% Escalation :3% every year. This remarkable property boasts a fully leased office building with a solid net income, offering a lucrative 7% Capitalization Rate (Cap Rate). Its excellent maintenance, both inside and out, ensures a lasting investment opportunity for discerning buyers. Gross well over $437K net flow $350K per year. need to say more this is your opportunity to own a beautiful office building. 🚗 Ample Parking and Expansion Potential The property includes plenty of parking spaces, and an adjacent lot can be negotiated as part of the sale. This offers flexibility for future expansion or development, making it a savvy investment choice. 🏢 Versatile Usage Potential Situated in the rapidly changing Oxon Hill area, this building presents multiple possibilities for income generation. It can be repurposed for enhanced revenue or transformed into new developments such as renowned hotel chains like Marriott or Hilton, apartments, or major retail establishments. 👩⚕️ Medical Practitioner's Dream ( Mix tenants 60% Medical the rest professional) The first floor features a state-of-the-art operating room with a waiting area and offices, making it an ideal location for a medical practitioner or doctor's office. 🏆 Hot Property with Updated Zoning Recently updated to a NAC zone, this property is in high demand. Located southeast of Washington, DC's downtown district and east of Alexandria, Virginia, it is strategically positioned for success. 🌆 Strategic Location Situated near bustling Oxon Hill Rd, the property is surrounded by major businesses, retailers, restaurants, and banks. It offers easy access to Interstate 95/495 Capital Beltway and is just 10 minutes from the thriving National Harbor area, which continues to see significant development. 💰 Price to Sell This is a rare opportunity for savvy investors with vision. With two proposed developments within a 5-minute radius-condos with 200+ units and a high-rise apartment building with 200+ units-this property promises substantial returns. Don't miss out on this exceptional investment in one of Maryland's hottest areas. Contact us today to seize this golden opportunity!
Full Property Details
Full Property Details for 6178 Oxon Hill Rd
General
- Price: $3,900,000
- Taxes: $29,663 (2023)
- Status: Active
- Type: Business
- MLS ID: MDPG2105048
- Updated: 5/18/2024
- Added to Site: 102 day(s) ago
Business
- Business Type: Medical, Professional
Parking
- Total Spaces: 75
- Parking Type: Parking Lot
Location
- County: Prince Georges
- Driving Directions: Merge On To Oxon Hill Rd from 495 or St Barnabas Rd pass Home Depot and the shopping center to the right the building is to the left next to PNC Bank and Truist Bank
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick, Other
- Stories/Levels: 0
- Year Built: 1979
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 1.08
- Lot Size (Sq. Ft.): 47,045
- Lot Size Source: Estimated
- Zoning: NAC
Financial Considerations
- Price Per Sq. Ft.: $217.21
- Assessment Year: 2023
- County Tax: $20,556
- County Tax Freq: Annually
- Tax w/Assessment: $1,936,633
- Tax Amount: $29,663
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Ownership: Fee Simple
Listed by RE/MAX Allegiance, Sebrin Adem
Get Pre-Approved Today
Schools
Schools serving 6178 Oxon Hill Rd
School District:Prince George's County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
800 Comanche Dr, Oxon Hill, MD 20745 | PK-6 | 0.8 mi | |
9570 Fort Foote Rd, Ft Washington, MD 20744 | 7-8 | 3.5 mi | |
6701 Leyte Dr, Oxon Hill, MD 20745 | 9-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6178 Oxon Hill Rd
Date
Details
Price
Change
Source
5/18/2024
Price Reduced
$3,900,000
-2.5%
MLS
2/28/2024
Listed
$4,000,000
90.48%
MLS
10/29/2013
Sold
$2,100,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6178 Oxon Hill Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$21,535
1%
$1,936,633
1%
2022
$21,324
-20%
$1,917,667
1%
2019
$26,618
-8%
$1,898,700
1%
2021
$29,086
1%
$1,878,767
1%
2020
$28,790
1%
$1,858,833
1%
2018
$28,493
—
$1,838,900
—
2017
$28,493
-12%
$1,838,900
-13%
2016
$32,525
4%
$2,110,200
—
2015
$31,352
—
$2,110,200
—
2014
$31,352
—
$2,110,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6178 Oxon Hill Rd
6178 Oxon Hill Road, Oxon Hill, MD 20745 (MLS# MDPG2105048) is a Business property. 6178 Oxon Hill Road is currently listed for $3,900,000 and was received on February 28, 2024. Want to learn more about 6178 Oxon Hill Road? Do you have questions about finding other Business real estate for sale in Oxon Hill? You can browse all Oxon Hill real estate or contact a Coldwell Banker agent to request more information.