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8421-8429 Baltimore Ave 0.53 Acres of Commercial Land Offered at $2,976,739 CAD in College Park, MD 20740

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Investment Highlights

Directly across the street from University of Maryland, College Park
Land suitable for student housing project, 80-100 units

Surrounded by student housing

CRE-L-Sale-8421-8429 Baltimore Ave-College Park-MD

Site Plan

Property Facts

Price	$2,976,739 CAD	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Mixed Use Multifamily Apartment Units Apartment Units - Condo Apartment Units - Dorms Apartment Units - Senior Apartment Units - Subsidized
No. Lots	1	Total Lot Size	0.53 AC
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.
Zoning	LTO-E & M-U-I - Local Transit-Oriented for Takoma/Langley Crossroads Mixed Use-Infill

Price	$2,976,739 CAD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Mixed Use Multifamily Apartment Units Apartment Units - Condo Apartment Units - Dorms Apartment Units - Senior Apartment Units - Subsidized
Total Lot Size	0.53 AC
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	LTO-E & M-U-I - Local Transit-Oriented for Takoma/Langley Crossroads Mixed Use-Infill

1 Lot Available

Lot

Price	$2,976,739 CAD	Lot Size	0.53 AC
Price Per AC	$5,616,489.41 CAD

Price	$2,976,739 CAD
Price Per AC	$5,616,489.41 CAD
Lot Size	0.53 AC

Description

-Corner of Baltimore Ave (Rt 1) & Quebec St -123’+ Frontage on Baltimore Ave (Route 1) -40,000+ Daily Vehicles on Route 1 -Surrounded by Hotels, Student APTs & Retails -40,800+ Students -14,000+ Faculty & Staff members -30,000+ People in Downtown College Park -0.5 Miles to University of Maryland -1.3 Miles from College Park Metro Station -2.5 Miles from Discovery District -60+ Companies & Organizations in Discovery District with over 6,500 employees -150 AC office park dedicated to research -Potential Approx. 120 Buildable Units & 72,000 Rentable SF.

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Moderately walkable

60/100

Exceptionally drivable

100/100

Good public transit

70/100

Moderately bikeable

60/100

Source: Local Logic^®

Property Taxes

Parcel Number	21-2292514	Improvements Assessment	$0 CAD
Land Assessment	$1,186,880 CAD	Total Assessment	$1,186,880 CAD

Property Taxes

Parcel Number

21-2292514

Land Assessment

$1,186,880 CAD

Improvements Assessment

$0 CAD

Total Assessment

$1,186,880 CAD

(240) 644-2317

Contact

John Lin
CapStar Commercial Realty

Listing ID: 35789582
Date on Market: 2025-05-08
Last Updated:
Address: 8421-8429 Baltimore Ave, College Park, MD 20740

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