Date
Details
Price
Change
Source
10/18/2024
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
This is a rare opportunity to secure a prime business location at the corner of Central Ave and Ritchie Rd in Capitol Heights. The building itself, spanning 6,316 sq ft on a .34-acre lot, offers incredible versatility. Whether you're looking to start a new business, relocate, or create a steady stream of passive income, this property is a perfect canvas for your vision. The location is simply unbeatable-just minutes from Washington DC and major beltways, with constant traffic flowing through the area. It's not just about the square footage or the convenient parking and loading dock. It's about the endless potential this space offers under its (IE) Industrial Employment zoning. From light industrial development to research and beyond, this space is ready to be transformed into something truly special.
Full Property Details
Full Property Details for 116 Ritchie Rd
General
- Price: $1,500,000
- Taxes: $8,484 (2024)
- Status: Active
- Type: Commercial
- Source: BrightMLSMidAtlantic
- MLS ID: MDPG2129604
- Updated: 10/18/2024
- Added to Site: 89 day(s) ago
Business
- Business Type: Auto Related
Parking
- Total Spaces: 5
- Parking Type: Parking Lot
Location
- County: Prince Georges
- Driving Directions: Head south on I-495 S/I-95 S Take exit 15B to merge onto MD-214 W/Central Ave Turn left onto Ritchie Rd Turn left
School Information
- Elementary School: John H Bayne
- Middle School: Walker Mill
- High School: Largo
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Stories/Levels: 0
- Year Built: 1963
- Year Built Source: Assessor
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.34
- Lot Size (Sq. Ft.): 14,814
- Lot Size Source: Assessor
- Zoning: IE
Financial Considerations
- Price Per Sq. Ft.: $237.49
- Assessment Year: 2024
- County Tax: $6,349
- County Tax Freq: Annually
- Tax w/Assessment: $570,933
- Tax Amount: $8,484
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
Listed by Keller Williams Chantilly Ventures, Sarah A. Reynolds and Keller Williams Chantilly Ventures, Joel R Wagner
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 116 Ritchie Rd —
Sarah A. Reynolds
Keller Williams Chantilly Ventures
Joel R Wagner
Keller Williams Chantilly Ventures
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 116 Ritchie Rd
School District:Prince George's County Public Schools
| Rating | Name | Grades | Distance |
|---|---|---|---|
|
7010 Walker Mill Rd, Capitol Hgts, MD 20743 | PK-5 | 1.6 mi | |
|
800 Karen Blvd, Capitol Hgts, MD 20743 | 6-8 | 1.5 mi | |
|
505 Largo Rd, Uppr Marlboro, MD 20774 | 9-12 | 2.2 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 116 Ritchie Rd
Tax History
Tax History for 116 Ritchie Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,182
—
$570,933
3%
2023
$6,182
1%
$555,900
1%
2022
$6,148
-21%
$552,833
1%
2019
$7,779
-9%
$549,767
1%
2021
$8,591
1%
$546,700
1%
2020
$8,539
1%
$543,200
1%
2019
$8,487
1%
$539,700
1%
2018
$8,435
—
$536,200
—
2017
$8,435
—
$536,200
—
2016
$8,435
4%
$536,200
—
2015
$8,144
—
$536,500
—
2014
$8,144
—
$536,500
—
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 116 Ritchie Rd
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- Single Family
- Active
- Updated 1 hour ago
- 3Beds
- 2Total Baths
- 1,224Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 5Beds
- 3Total Baths
- 3,136Sq. Ft.
- Townhouse
- Active
- Updated 4 days ago
- 3Beds
- 4Total Baths
- 1,960Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 1Total Bath
- 1,488Sq. Ft.
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- Townhouse
- Active
- Updated 9 hours ago
- 3Beds
- 4Total Baths
- 1,976Sq. Ft.
- Townhouse
- Active
- Updated 6 days ago
- 3Beds
- 4Total Baths
- 2,040Sq. Ft.
- Townhouse
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,296Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 4Total Baths
- 2,508Sq. Ft.
116 Ritchie Road, Capitol Heights, MD 20743 (MLS# MDPG2129604) is a Commercial property. 116 Ritchie Road is currently listed for $1,500,000 and was received on October 18, 2024. Want to learn more about 116 Ritchie Road? Do you have questions about finding other Commercial real estate for sale in Capitol Heights? You can browse all Capitol Heights real estate or contact a Coldwell Banker agent to request more information.