315 Rollins Avenue, CAPITOL HEIGHTS, Maryland image 1

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MLS: #MDPG2217222, Listed By: Reginald Stuart, Weichert, REALTORS, Source:Bright MLS

315 Rollins Avenue

CAPITOL HEIGHTS, MD 20743

$300,000 $1,264/Mo

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Overview

Bed

Bath

1,096

Sqft

0.64

Acre(Lot)

Description

Three contiguous residential parcels on Rollins Avenue are being offered together as a development assemblage, creating an unusual infill opportunity minutes from recently completed townhouse development. The combined Rollins Avenue property contains approximately 1.9 acres and appears well suited for investigation as a townhouse development site. Based on preliminary site analysis, a working concept of approximately 16–18 townhouse residences appears reasonable, subject to engineering, subdivision, zoning, utility, environmental and governmental approvals. Higher-density configurations may be possible and should be independently investigated by prospective developers. The assemblage combines 315, 401 and 403 Rollins Avenue, three contiguous parcels with substantial frontage along Rollin s Avenue. Taken together, the properties provide considerably greater development flexibility than the parcels would provide individually. The surrounding market already demonstrates demand for housing approximately the size contemplated here. Recent nearby townhouse sales identified in our preliminary market work include approximately $410,000 for 1,520 SF, $421,000 for 1,536 SF, $449,999 for 1,520 SF, and $450,000 for 1,672 SF. Against those comparables, a working assumption of approximately $435,000 for a newly constructed 1,600-SF residence provides a reasonable starting point for developer underwriting rather than relying upon an unusually aggressive retail price. At an illustrative 18 units: 18 × $435,000 = $7,830,000 potential gross sellout An indicative $950,000 acquisition price represents approximately 11.5% of projected gross sellout, or approximately $50,000 in land acquisition cost per potential dwelling unit. Our working concept assumes approximately 16–18 townhouse residences of approximately 1,600 SF each, configured as multi-level homes with an estimated 800–900 SF ground-level building footprint per residence. At 18 residences, the estimated combined residential building footprint would therefore be approximately: 18 × 800–900 SF = 14,400–16,200 SF Against approximately 1.9 acres, or roughly 83,000 SF of land, that represents only approximately 17–20% preliminary building coverage. The remaining land would be available for the considerably larger site-planning requirements associated with development: internal circulation, approximately 2.3 parking spaces per dwelling, visitor parking, sidewalks, setbacks, stormwater management, utilities, landscaping and common/open areas. This is deliberately a moderate-density working concept rather than an attempt to maximize theoretical unit count. A developer's civil engineer and land planner may identify a more efficient configuration. $950,000 — Three Rollins Avenue Parcels Sold as One Assemblage The owner's objective is straightforward: offer a developer control of three contiguous Rollins Avenue properties in a single transaction, rather than marketing the properties independently. The opportunity is the combination of contiguous ownership, substantial Rollins Avenue frontage, RSF-A zoning, nearby evidence of $400,000+ townhouse values, and sufficient acreage to investigate a meaningful infill residential development. Offered as an assemblage. Developer due diligence required. All proposed unit counts, layouts, values, building footprints and development concepts are preliminary and subject to independent verification and applicable zoning, subdivision, engineering, environmental, utility and governmental approvals.

Property Details

Property Type : Residential

Price : $300,000

AD Id : 90865632

MLS Id : MDPG2217222

Beds : 1

Lot Size : 0.64 Acre

Living Area Size : 1,096

Year Built : 1924

County : PRINCE GEORGES

Subdivision: None Available

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 1

Bathroom Information

Total Baths: 1 Full Baths: 1

Room Information

Has Basement: Yes Basement: Unfinished
Heating & Cooling

Heating: None Cooling: None

Building Information

Year Built: 1924 Building Area Total: 1912 Construction Materials: Frame Pool Features: None Private Pool: No

Lot Information

Lot Dimensions: Rectangular. Roughly 257 x 310 aggregate for the three lots. Lot Size Acres: 0.64 Lot Size Source: Assessor Lot Size Square Feet: 27720 Lot Description: Few Trees

Property Information

Subdivision: FOREST HGTS 18 Source Property Type: Residential Postal Code Plus 4: 3104 Zoning Description: RSFA. Considering the other nearby development a builder should be able to place 16 - 18 townhomes on the site. Property SubType: Single Family Residence Levels: Two Property Age: 102

Listing Price Information

Listing Price: $300000

Tax Information

Parcel Number: 17182042752 Tax Year: 2026 Annual Tax: $3968

Parking Information

Driveway

Location Information

Direction: 10 minute walk from Addison Road Metro. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
9514 Beech Park Street, Capitol Heights, MD, 20743	$115,000	3	2	1,440	1,440 SqFt
9412 Firtree Park Street, Capitol Heights, MD, 20743	$147,500	3	2	--
7703 Ashdale Road, Capitol Heights, MD, 20743	$444,980	2	3	1,100	1,100 SqFt
5 Pepper Mill Drive, Capitol Heights, MD, 20743	$417,500	4	2	1,129	1,129 SqFt
710 Iona Terrace, Capitol Heights, MD, 20743	$445,000	5	3	1,125	1,125 SqFt
109 Pepper Mill Drive, Capitol Heights, MD, 20743	$448,000	3	3	1,050	1,050 SqFt
1501 Pine Grove Road, Capitol Heights, MD, 20743	$680,000	7	4	5,886	5,886 SqFt
6905 Drylog Street, Capitol Heights, MD, 20743	$432,000	4	3	1,391	1,391 SqFt
611 Quarry Avenue, Capitol Heights, MD, 20743	$455,000	5	2	1,850	1,850 SqFt
6714 Clinglog Street, Capitol Heights, MD, 20743	$353,000	3	1	1,404	1,404 SqFt

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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 08/30/2026 @ 03:00

MLS: MDPG2217222 LISTED BY: Reginald Stuart, Weichert, REALTORS 202-326-1300 SOURCE: Bright MLS