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1413-1415 Addison Rd 1.91 Acres of Commercial Land Offered at $697,600 CAD in Capitol Heights, MD 20743

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INVESTMENT HIGHLIGHTS

  • Located in the booming Capital Heights, near new development facing a shopping center.
  • One mile south of the Addison Road – Seat Pleasant Metro Station (Blue/Silver Lines).
  • One mile away from Route 214 (Central Avenue) & Route 4 (Pennsylvania Avenue) with immediate access to I-495 (Capital Beltway).

EXECUTIVE SUMMARY

Great opportunity to develop this site in booming PG County, Maryland's Capitol Heights neighborhood. 2 adjoining leveled lots (sold together) with high visibility, road frontage & easy access. Currently zoned IE (Industrial/Employment) previously zoned I-1 (Light Industrial). Church, place of worship, private school, restaurant, catering, office, bank, medical, pharmacy, animal hospital, wholesale, manufacturing, community building, library, office supply store, contractor's plant, commercial parking lot, automotive, post office, public buildings, bus station or terminal, and many more commercial uses. All information deemed reliable but subject to verification. Sewer, water, utilities available on Addison Street but not yet connected. Can also build to suit with proper financials.

PROPERTY FACTS

Price $697,600 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Medical
Total Lot Size 1.91 AC
Opportunity Zone Yes
Zoning IE - Industrial Employment

1 LOT AVAILABLE

Lot 1

Price $697,600 CAD
Price Per AC $365,235.61 CAD
Lot Size 1.91 AC

Raw land directly on Addison St., Great for self storage facility or small contractor's yard

DESCRIPTION

approx 2 acres of rolling land with mature trees

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 18-2065126
  • 18-2065118
Land Assessment
$463,863 CAD
Improvements Assessment
$0 CAD
Total Assessment
$463,863 CAD
  • Listing ID: 19840181

  • Date on Market: 2020-06-09

  • Last Updated:

  • Address: 1413-1415 Addison Rd, Capitol Heights, MD 20743

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