$4,900,000 Price Analysis   ♡   Glenn Dale, MD 20769 Unknown bed 0 bath unknown SqFt ($0/SqFt) 24.38 acre lot. Listed 2019-06-22 | Ⓧ USDA Ineligible due to property near Glenn Dale |
An im pressive development opportunity featuring 24.38 acres
* Has Contingent Offer *Zoned Commercial, General and Office (CGO). Publc Water and Public Sewer Hook-Up are available; Floor Area Ratio (FAR) is 0.3. Preliminary Site Plan on file highlights construction of 258, 000 square feet of RandD / Medical Office, 92, 000 for Warehouse, 8, 000 for Commercial and Day Care for 100 to 120 students. Site Plan also features 9 building sites, parking lots, walking trails and 2 separate ingress / egress points, one of which is opposite Wingate Drive. A Conceptual Site plan incorporates mutually agreed Covenants between the seller and the Glenn Dale Citizens Association, Inc.
(GDCA). Envisioned as an Employment Park, the property is strategically located opposite Wingate subdivision, with 260 homes, near Glenn Dale Heights, with 460 homes and Glendale Forest which includes approximately 73 homes. Several Detailed site Plans have been approved for residential and commercial development nearby. See documents. Convenient to NASA's Goddard Space Flight Center and Bowie State University (within 3 miles), University of Maryland (within 7.5 Miles), Washington Union Station (within 16 miles), The United States Naval Academy, The Pentagon and Reagan National Airport (all within a 22 mile radius). Best use combines commercial, office and retail in a project that generates substantial economic impact and provides widespread appeal to the surrounding community. Contact the Prince George's Planning Department to verify your intended use.
Presented by RON RUDISON at
Long & Foster Reston.
Property MLS #MDPG533364 from BrightMLS
Lot Size Square Feet: 1061993
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directions Map directions Map directionsSource Listing Status: Active Under Contract
County: PRINCE GEORGES
Current Use: Vacant
Ownership: Fee Simple
Source Property Type: Land
Area: PRINCE GEORGES
Source Neighborhood: PRINCE GEORGES
Property Subtype: Land
Source System Name: C2C
$4,900,000
BrightMLS
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.