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25 Yacht Pl - Land - Central Avenue & Yacht Place 0.03 - 0.33 Acre Residential Land Lots Offered at $2,895,753 CAD in Capitol Heights, MD 20743

Residential Land & Home Lots Maryland Capitol Heights 25 Yacht Pl, Capitol Heights, MD 20743

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INVESTMENT HIGHLIGHTS

  • Prime Visibility (200 feet) on Central Avenue
  • Currently zoned R-20 (15 townhome lots) but high probability for Mixed-Use Development
  • Located in an Opportunity Zone (OZ) - Great opportunity for OZ investors and developers
  • 46,525 daily traffic count
  • Potential for increased density and mixed use
  • Located within ½ mile of the Washington DC border, Capitol Heights Metro and one mile of the Addison Road Metro

EXECUTIVE SUMMARY

Prime opportunity for the acquisition and development of a 1.96 acre site within close proximity to Washington DC and two Metro stations in the growing economic corridor of Central Avenue in Prince George’s County Maryland.
SALE PRICE: $2,100,000.00

ATTACHMENTS

25 Yacht Pl

PROPERTY FACTS Under Contract

Price $2,895,753 CAD Proposed Use Mixed Use
Sale Type Investment Total Lot Size 1.97 AC
No. Lots 16 No. Stories 1
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype Residential
Zoning RSF-A - Residential, Single-Family-Attached
Price $2,895,753 CAD
Sale Type Investment
No. Lots 16
Property Type Land
Property Subtype Residential
Proposed Use Mixed Use
Total Lot Size 1.97 AC
No. Stories 1
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning RSF-A - Residential, Single-Family-Attached

16 LOTS AVAILABLE

Lot

Price $2,895,753 CAD Lot Size 0.04 AC
Price Per AC $67,274,252.92 CAD
Price $2,895,753 CAD
Price Per AC $67,274,252.92 CAD
Lot Size 0.04 AC

1.97 Acres Immediately Available. Raw Land with potential for single-family or mixed-use development.

Lot

Lot Size 0.04 AC
Lot Size 0.04 AC

Raw Land with potential for single-family or mixed-use development.

Lot

Lot Size 0.03 AC
Lot Size 0.03 AC

Raw Land with potential for single-family or mixed-use development.

Lot

Lot Size 0.33 AC
Lot Size 0.33 AC

Raw Land with potential for single-family or mixed-use development.

Lot

Lot Size 0.33 AC
Lot Size 0.33 AC

Raw Land with potential for single-family or mixed-use development.

Lot

Lot Size 0.19 AC
Lot Size 0.19 AC

Raw Land with potential for single-family or mixed-use development.

Lot

Lot Size 0.06 AC
Lot Size 0.06 AC

Raw Land with potential for single-family or mixed-use development.

Lot

Lot Size 0.10 AC
Lot Size 0.10 AC

Raw Land with potential for single-family or mixed-use development.

Lot

Lot Size 0.12 AC
Lot Size 0.12 AC

Raw Land with potential for single-family or mixed-use development.

Lot

Lot Size 0.15 AC
Lot Size 0.15 AC

Raw Land with potential for single-family or mixed-use development.

Lot

Lot Size 0.31 AC
Lot Size 0.31 AC

Raw Land with potential for single-family or mixed-use development.

Lot

Lot Size 0.04 AC
Lot Size 0.04 AC

Raw Land with potential for single-family or mixed-use development.

Lot

Lot Size 0.03 AC
Lot Size 0.03 AC

Raw Land with potential for single-family or mixed-use development.

Lot

Lot Size 0.03 AC
Lot Size 0.03 AC

Raw Land with potential for single-family or mixed-use development.

Lot

Lot Size 0.09 AC
Lot Size 0.09 AC

Raw Land with potential for single-family or mixed-use development.

Lot

Lot Size 0.09 AC
Lot Size 0.09 AC

Raw Land with potential for single-family or mixed-use development.

DESCRIPTION

Assemblage of mostly unimproved lots totaling approximately 1.96 acres with a detached single family, one-story residential dwelling situated in the growing economic area of the Central Avenue Corridor and the Blue Line Metro Corridor. The property is situated off of Central Avenue (Route 214) with over 550 feet of frontage and high traffic counts and strong demographics supporting additional multifamily and retail development.

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PROPERTY TAXES

Parcel Number 18-2094571 Improvements Assessment $0 CAD
Land Assessment $8,320 CAD Total Assessment $8,320 CAD

PROPERTY TAXES

Parcel Number
18-2094571
Land Assessment
$8,320 CAD
Improvements Assessment
$0 CAD
Total Assessment
$8,320 CAD
(301) 918-2954

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 12351857

  • Date on Market: 2018-04-23

  • Last Updated:

  • Address: 25 Yacht Pl, Capitol Heights, MD 20743

The Land Property at 25 Yacht Pl, Capitol Heights, MD 20743 is currently available for Sale. Contact NAI The Michael Companies, Inc. for more information.

LAND PROPERTIES IN NEARBY NEIGHBORHOODS

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25 Yacht Pl - Land - Central Avenue & Yacht Place
(301) 918-2954 x

25 Yacht Pl - Land - Central Avenue & Yacht Place

Marcus Daniels
(301) 918-2954

Edward Luckett
(301) 318-3100

Terry Rogers
(301) 526-2584

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