116 Ritchie Rd, Capitol Heights, MD for sale

Investment Overview

6,316 ± SF Freestanding Retail

Investment Highlights

• 6,316 ± SF Freestanding Retail for Lease
• 0.34 Acres of Land
• Can be delivered vacant
• Great visibility - Traffic Counts total 22,265 vpd
• Zoned I-E (Industrial Employment)
• Parking Ratio - 1.58/1,000 SF
• Located within a Prince George's County designated Redevelopment Zone
• Regional Transit District Proximity — Plan 2035 designates the Blue/Silver Line corridor with three Metro stations nearby as a Regional Transit District and priority growth center, focusing County investment and zoning flexibility on this exact geography.
• Active Sector Plan Underway — A new Central Avenue–Blue/Silver Line Sector Plan, authorized in 2023, covers the immediate area — positioning properties within the boundary for enhanced entitlements and increased development capacity.
• Job Growth Priority Corridor — Plan 2035 targets Inner Beltway communities along Central Avenue for job growth and business investment, directing EDC resources and business attraction programs to this corridor.
• Incentive Stacking Potential — County-aligned TIF eligibility, New Markets Tax Credits, and New Jobs Tax Credits can be layered through public-private partnerships for maximum project feasibility at this address.
• SALE PRICE: $1,800,000.00