The income generated from this property is $183K per year, the asking price is $1.45MM.
An investor can expect a 13% return on investment in the first year.
7305 Livingston Road is a 15,328-square foot industrial flex property located approximately one mile from Indian Head Highway in the Oxon Hill section of Prince Georges County. The property is less than two miles from Interstates 95 and 495 and is only four miles from the National Harbor.
The property sits on roughly one acre of land and is improved by a flex building consisting of 7,800 square feet of warehouse space and 7,528 square feet of office space. The FAR suggests an additional 60,000 square feet of buildable space can be added to the subject property and the CM zoning allows for a wide array of uses.
The property can be delivered with the current tenant and cash flow or vacant for an owner user.