Keller Williams Preferred Properties - Roland Powell
1/6
Listing Courtesy Of: Long & Foster Real Estate, Inc., 7034373800, Ronald Rudison
Local Realty Services Provided By: Keller Williams Preferred Properties.
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$4,900,000
0 LANHAM SEVERN RD, GLENN DALE, MD 20769
24.38 ac
$4,900,000

0 LANHAM SEVERN RD, GLENN DALE, MD 20769

Estimation provided by Keller Williams Realty Inc.
24.38 ac
PENDING
For Sale

Property Description

An amazing development opportunity featuring 24.38 acres, Zoned Commercial, General and Office (CGO). Public 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 R&D / 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.

Property Details

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Overview
Property Type
Land
Days on Site
1,597 Days
Parking
No
Roland Powell at Keller Williams Preferred Properties
Keller Williams Preferred Properties
5004518

Activity History

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Purchase Price: $4,900,000
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Price & Tax History

Date
Event
Price
06/20/2019
Listed
$4,900,000
$200,984/ac
No Tax History Data
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Roland Powell at Keller Williams Preferred Properties
Keller Williams Preferred Properties
5004518

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