6172 Old Central Ave - Central Avenue Development Lot Lot • Terrain commercial • 0,8 Acres • 723 802 $ CAD • Capitol Heights, MD 20743

6172 Old Central Avenue presents a rare opportunity to acquire a prime commercial development lot at the center of one of the most actively invested transit-oriented corridors in the Washington, D.C. metropolitan area. This 0.80-acre (±35,000 SF) parcel is zoned LTO-e (Local Transit-Oriented Edge) and sits within a federally designated Opportunity Zone, offering a compelling combination of locational advantage, zoning flexibility, infrastructure readiness, and significant tax incentive potential for qualified investors and developers. The property is situated on the PM side of Central Avenue in Capitol Heights, Maryland — a high-visibility position that captures substantial commuter traffic flowing outbound from Washington, D.C. toward Prince George's County each evening. The site is less than one mile from the Washington, D.C. border, within five minutes of two Metro stations on the Blue and Silver lines, and approximately 15 minutes by car from Downtown Washington, D.C. Direct access to Central Avenue (MD-214) and the I-495 Capital Beltway ensures strong regional connectivity for any retail, residential, or mixed-use development. LOCATION & TRANSIT ACCESS Capitol Heights occupies a unique geographic position as the gateway between Washington, D.C. and Prince George's County — Maryland's most populous county and one of the fastest-growing jurisdictions in the National Capital Region. The subject property benefits from proximity to two Metro stations: Capitol Heights Metro Station (Blue and Silver lines) and Addison Road Metro Station (Blue and Silver lines), both within a five-minute drive. This transit access positions any development on the site to attract residents, retail customers, and office users who rely on Metro connectivity to downtown employment centers. The property's location on Central Avenue — the primary commercial and transit spine connecting the D.C. border to the I-495 Beltway — gives it exceptional visibility and traffic exposure. PM-side placement on this corridor is a significant locational advantage for retail and mixed-use development, as it captures returning commuters at the moment they are most likely to stop for goods and services. Walk Score 50 | Transit Score 70 | Drive Score 100. ZONING & PERMITTED USES The property is zoned LTO-e — Local Transit-Oriented Edge — under Prince George's County's updated zoning code. This designation was specifically crafted to encourage walkable, mixed-use, moderate-intensity development in the areas immediately surrounding transit stations. The LTO-e zone supports a broad range of uses, providing developers with significant flexibility in program design: Residential uses including multifamily, mixed-income, and affordable housing Retail and commercial uses including strip centers, pad sites, and neighborhood-serving storefronts Office and professional service uses Community facilities, civic uses, and transit-support services Equipment storage and vehicle parking as interim or permanent uses The parcel can also be combined with adjacent lots to assemble a larger development footprint — an increasingly valuable option as the corridor attracts institutional developers competing for limited available land. The LTO-e designation aligns this property directly with the development typologies being prioritized by Prince George's County, the State of Maryland, and WMATA throughout the Blue Line Corridor. OPPORTUNITY ZONE DESIGNATION 6172 Old Central Avenue is located within a federally designated Opportunity Zone under the Tax Cuts and Jobs Act of 2017. This designation provides meaningful tax incentive potential for qualified investors who deploy unrealized capital gains through a Qualified Opportunity Fund (QOF): Temporary Deferral: Capital gains reinvested in a QOF are deferred from taxable income until the earlier of the date the OZ investment is sold or December 31, 2026. Step-Up in Basis: The basis of the OZ investment increases by 10% if held for five years and an additional 5% if held for seven years, excluding up to 15% of the original deferred gain from taxation. Permanent Exclusion: Capital gains accrued on the OZ investment itself are permanently excluded from taxable income if the investment is held for ten or more years. The Opportunity Zone designation makes this property especially attractive to developers and investors utilizing Low Income Housing Tax Credits (LIHTC), tax equity financing structures, and Opportunity Fund capital — precisely the capital stack deployed by the major institutional developers currently active within this corridor. Investors with unrealized gains seeking to redeploy capital into high-growth, transit-adjacent markets will find this parcel a particularly well-timed opportunity given the volume of public and private investment currently converging on the Capitol Heights submarket. CORRIDOR MOMENTUM & MARKET CONTEXT The Capitol Heights submarket is experiencing a generational inflection point. The State of Maryland has committed $450 million to the Blue Line Corridor initiative — a coordinated public investment strategy targeting four Metro stations between Capitol Heights and Downtown Largo for transformative mixed-use development. Infrastructure improvements, complete streets redesigns, and signature civic facilities are planned throughout the corridor, creating the physical and economic foundation for sustained private investment. In January 2026, WMATA selected Atlantic Pacific Companies to develop a $140 million, 320-unit affordable housing community on 3.8 acres adjacent to the Capitol Heights Metro station, alongside 10,000 square feet of neighborhood-serving retail. Pennrose and The Argos Group are simultaneously delivering a 146-unit mixed-use transit-oriented community on town-owned land south of the station, supported by $36.8 million in state DHCD funding. Banneker Ventures is under construction at 6301 Central Avenue with 193 affordable units and 11,000 SF of retail across from the Addison Road Metro station. Maryland allocated $17 million in 2024 specifically for infrastructure upgrades at the Capitol Heights Metro station, and the Blue Line Corridor Coalition — led by LISC in partnership with local developers, business owners, and public officials — is actively coordinating additional private investment throughout the area. Governor Wes Moore and Prince George's County Executive Aisha Braveboy have both publicly designated the Blue Line Corridor as a top-tier economic development priority for Maryland. This confluence of public commitment, institutional developer activity, infrastructure investment, and political support creates one of the most de-risked development environments available in the DC metro market today. The subject property sits directly within this investment zone at a price point that reflects meaningful near-term and long-term value creation potential. INFRASTRUCTURE & SITE READINESS All offsite improvements are in place, including