Industrial Property - For Sale
8703 Martin Luther King Junior Highway Lanham, MD 20706
Details & Description
Price: $1,600,000
  • Property Type Industrial
  • Lot Size Acres 1.070
  • Building Sq Ft 3,700
  • Building Price per Sq Ft $432.43
  • Land Sq Ft 46,609
  • Land Price per Sq Ft $34.33
Industrial Auto RepairHighlights:Approximately 3,700 SF Industrial Repair FacilityApproximately 1.07 acres fenced storage yardZoned C-M (Commercial Miscellaneous)Ceiling Height - 22 feet clearBrick and Cinder Block ConstructionGreat visibility on a busy roadLocated off of Route 704 - Martin Luther King Jr. HwyClose Proximity to Route 50 and Capital BeltwayASKING PRICE: $1,600,000
Listing Agents
Terry Rogers
NAI Michael
O: 301-526-2584
trogers@naimichael.com
Marcus Daniels
NAI Michael
O: 301-918-2954
M: 301-275-4005
mdaniels@naimichael.com
Edward Luckett
NAI Michael
O: 301-318-3100
eluckett@naimichael.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

8703 Martin Luther King Junior Highway

Lanham, MD 20706

Listing ID: 245196
$1,600,000
For Sale
  • Property Type Industrial
  • Lot Size Acres 1.070
  • Building Sq Ft 3,700
  • Building Price per Sq Ft $432.43
  • Land Sq Ft 46,609
  • Land Price per Sq Ft $34.33
  • 8703 Martin Luther King Junior Highway Lanham, MD 20706 - main image
  • 8703 Martin Luther King Junior Highway Lanham, MD 20706 - alt image 2
  • 8703 Martin Luther King Junior Highway Lanham, MD 20706 - alt image 3
8703 Martin Luther King Junior Highway - main image
8703 Martin Luther King Junior Highway - alt image 2
8703 Martin Luther King Junior Highway - alt image 3
Description

Industrial Auto Repair

Highlights:

Approximately 3,700 SF Industrial Repair Facility

Approximately 1.07 acres fenced storage yard

Zoned C-M (Commercial Miscellaneous)

Ceiling Height - 22 feet clear

Brick and Cinder Block Construction

Great visibility on a busy road

Located off of Route 704 - Martin Luther King Jr. Hwy

Close Proximity to Route 50 and Capital Beltway

ASKING PRICE: $1,600,000

Attachments & Files

Listing Demographics for 8703 Martin Luther King Junior Highway Lanham, MD 20706

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population10,479117,617287,648
Population Median Age393737
Population by Age0-9 Yrs1390 (13%)16838 (14%)39302 (13%)
10-19 Yrs1467 (13%)14618 (12%)35575 (12%)
20-29 Yrs1365 (13%)16056 (13%)38500 (13%)
30-39 Yrs1208 (11%)17689 (15%)42837 (14%)
40-49 Yrs1338 (12%)14996 (12%)36897 (12%)
50-59 Yrs1342 (12%)15619 (13%)39325 (13%)
60-69 Yrs1132 (10%)12418 (10%)31940 (11%)
70+ Yrs1238 (11%)9382 (7%)23273 (8%)
Median HH Income$87,938$79,326$78,881
Total Household Income< 24K289 (8%)4165 (10%)11896 (12%)
25-49K518 (15%)6101 (15%)16511 (16%)
50-74K586 (17%)7831 (20%)18424 (18%)
75-99K551 (16%)6068 (15%)14889 (15%)
100-199K1153 (34%)11387 (29%)28348 (28%)
200K+260 (7%)2742 (7%)8218 (8%)
Highest Education LevelNo Diploma7421216527852
Diploma or GED21682202051269
Some College14421665041067
Assoc. Degree408505611732
Bachelors Degree12501332035931
Higher Degree825912427242
Total Housing Units3,50740,776105,332
--Owner-Occupied2,55023,93261,327
--Renter-Occupied80814,36036,961
Owner-Occupied Values< 100K839872869
100-199K26640289949
200-299K1034876420856
300-399K798665916031
400-499K21122647082
500K+15812304539
Total Working Age Population8,17991,979227,157
In Work Force5,64366,054161,582
Not In Work Force2,53725,92665,574
Workforce Employed5,21161,180149,778
Workforce Unemployed4244,76911,427
Civlian Workforce5,63565,948161,205
Military Workforce7105377
Total Households3,35838,29398,287
Family Households2,45225,82564,648
Non-Family Households90612,46833,640
Married Couple1,35815,14137,153
Other Family1,09410,68427,494
Married w/Child5716,58015,585
Single Male w/Child489842,271
Single Female w/Child3983,2379,051

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
District of Columbia572,059+5601,723+21729,501+15842,154
District of Columbia572,059+5601,723+21729,501+15842,154
Maryland5,296,486+95,773,552+66,141,900+66,518,750
Anne Arundel County489,656+10537,656+7573,250+4596,700
Montgomery County873,341+11971,777+81,052,050+71,128,800
Prince Georges County801,515+8863,420+6916,150+4952,950

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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