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8.42 Acres Lot
$ 4,000,000
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8.42 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Indian Head
MLS Listing ID MDPG2095320
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $8,616
Tax Year 2007
Lot Size 8.420 Acres
Acres 8.42
Property Description
Attention all investors and developers! The seller is open to a joint venture agreement and is also offering seller financing for the land, provided the offer is compelling. Don’t miss out on this opportunity—make your best offer today! Site is 12 miles from beltway; directly across street from Simmons Acres Subdivision. Two contiguous lots for sale Total of 8.4 acres (366,940 square feet +/- of vacant commercial land) Water and electric at site & preparations have been made for sewer. Site has been graded and seeded. Excellent visibility and easy ingress/egress. The subject consists of two commercially-zoned properties totaling approximately 8.42 acres. It is located in the southeasterly corner of Prince Georges County. The zoning is “CGO,” which permits retail and service activities, generally located within a shopping center. The size of any proposed
project varies according to the trade area. Property has received approvals previously from the County for construction of a gas station/C-Store(convenience store)/carwash; a 30,000 square foot retail space; and a 34,000 square foot office previous zoning was CSC now it is CGO.
CGO Zoning:
Provides for a broad and diverse range of retail, business,
civic, and mixed-use development at major intersections
Incorporates high-density residential
development including townhouses, multifamily dwellings,
artists’ studios, and live-work dwellings to complement
nonresidential development.
Minimum lot size
• Townhouse
• Multifamily and other dwellings
• Other uses
No requirement
7,500 sq. ft.
No requirement
Maximum dwelling units per net acre
• Townhouse dwellings 20 units
• Multifamily and other dwellings 48
project varies according to the trade area. Property has received approvals previously from the County for construction of a gas station/C-Store(convenience store)/carwash; a 30,000 square foot retail space; and a 34,000 square foot office previous zoning was CSC now it is CGO.
CGO Zoning:
Provides for a broad and diverse range of retail, business,
civic, and mixed-use development at major intersections
Incorporates high-density residential
development including townhouses, multifamily dwellings,
artists’ studios, and live-work dwellings to complement
nonresidential development.
Minimum lot size
• Townhouse
• Multifamily and other dwellings
• Other uses
No requirement
7,500 sq. ft.
No requirement
Maximum dwelling units per net acre
• Townhouse dwellings 20 units
• Multifamily and other dwellings 48
Location
State MD
County Prince Georges
Zoning CM
Exterior
Waterfront N
Water Access N
Garage N
Building
Sewer Other, Public Sewer
Water Public
Schools
School District Prince George'S County Public Schools
Others
Tax ID 17050328807
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
Listed by Sebrin Adem • RE/MAX Allegiance
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "