Sited in a qualified census tract these 1.81 acres of CGO zoned land, can be developed as upto 86 market rate residential units as well as upto 110 affordable residential units, are steps from the D.C./MD line in Prince Georges County. Sellers have a clean Phase 1, an ALTA survey & concept plans from one of the top architectural firms in the county, for an affordable (LIHTC) execution, that can all be provided to assist with due diligence. Aside from the residential execution, numerous retail, office & mixed use executions are allowable by right within the CGO zone. Land of this size/density & location does not come to market often so call your agent & capitalize on the booming growth of Prince Georges County. 5302 & 5326 Sheriff rd are part of this offering - 3 parcels together totaling the 1.81 acres. Offers due Friday, 11/15/24
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Listing Snapshot
Price
$2,400,000
Days On Site
197 Days
Bedrooms
N/A
Inside Area (SqFt)
1,800 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.81 Acres
Year Built
1940
MLS® Number
MDPG2128110
Status
Active Under Contract
Property Tax
$4,312
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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