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FAITS SAILLANTS DE L'INVESTISSEMENT
- 3.49-Acre Development Site for up to 23 Single-Family Homes with 6,500-SF Minimum Lot Size
- By-Right Zoning Provides More Certainty During the Entitlement Process
- Within 10 Minutes of Baltimore-Washington Parkway, I-95/I-495, & Major Retail Centers
- Competitive Land Basis at $43,261/Buildable Lot |Attractive Basis Versus Other Local Submarkets
- Recent New-Construction SFH Outsales Demonstrate Project Viability & Illustrate Strong Market Demand
RÉSUMÉ DE L'ANNONCE
Feldman Ruel is pleased to offer for sale 11201 Springfield Road, which is a single-family home development opportunity in the high-demand Laurel submarket of Prince George’s County, Maryland. Spanning 3.49 acres (152,024 square feet) of flat, favorably shaped land with RSF-65 zoning, the subject property offers immediate potential for by-right development of up to 23 single-family detached homes.
This manageable project scale is ideal for home builders and regional developers seeking lower entry costs and minimal entitlement risk. The by-right zoning significantly reduces regulatory hurdles, accelerating the development timeline and mitigating approval uncertainty. With a land basis of $43,260.87 per buildable lot (assuming 23 single-family homes), 11201 Springfield Road is competitively priced relative to higher-density or urban infill sites, while still offering access to robust market fundamentals.
Located on the Prince George’s side of Laurel, the subject property benefits from strong demand drivers, including proximity to major transportation corridors, established infrastructure, and a growing need for single-family housing. The surrounding area has demonstrated consistent absorption, offering a low-risk path to project delivery and exit.
This manageable project scale is ideal for home builders and regional developers seeking lower entry costs and minimal entitlement risk. The by-right zoning significantly reduces regulatory hurdles, accelerating the development timeline and mitigating approval uncertainty. With a land basis of $43,260.87 per buildable lot (assuming 23 single-family homes), 11201 Springfield Road is competitively priced relative to higher-density or urban infill sites, while still offering access to robust market fundamentals.
Located on the Prince George’s side of Laurel, the subject property benefits from strong demand drivers, including proximity to major transportation corridors, established infrastructure, and a growing need for single-family housing. The surrounding area has demonstrated consistent absorption, offering a low-risk path to project delivery and exit.
FAITS SUR LA PROPRIÉTÉ
| Prix | 1 388 940 $ CAD | Sous-type de propriété | Résidentiel |
| Type de vente | Investissement | Utilisation proposée | Développement familial unique |
| Nombre de lots | 1 | Taille totale du lot | 3,49 AC |
| Type de propriété | Terrain | ||
| Zonage | RSF-65 - Résidentiel, Unifamilial | ||
| Prix | 1 388 940 $ CAD |
| Type de vente | Investissement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Résidentiel |
| Utilisation proposée | Développement familial unique |
| Taille totale du lot | 3,49 AC |
| Zonage | RSF-65 - Résidentiel, Unifamilial |
1 LOT DISPONIBLE
Lot
| Prix | 1 388 940 $ CAD | Taille du lot | 3,49 AC |
| Prix par AC | 397 899,68 $ CAD |
| Prix | 1 388 940 $ CAD |
| Prix par AC | 397 899,68 $ CAD |
| Taille du lot | 3,49 AC |
DESCRIPTION
Site de développement de 3,49 acres pour jusqu'à 23 maisons unifamiliales avec une superficie minimale de terrain de 6 500 pieds carrés.
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11201 Springfield Rd
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