• Lanham Severn Road GLENN DALE, MD 20769

  • $4,900,000
  • 1,061,993
    Sq Ft
  • 1061993
    Sqft

An amazing development opportunity featuring 24.38 acres, Zoned Commercial, General and Office (CGO). Public Water and Public Sewer Hook-Up are available; Floor Area Ratio (FAR) is 0.3. Preliminary Site Plan on file highlights construction of 258,000 square feet of R&D / Medical Office, 92,000 for Warehouse, 8,000 for Commercial and Day Care for 100 to 120 students. Site Plan also features 9 building sites, parking lots, walking trails and 2 separate ingress / egress points, one of which is opposite Wingate Drive. A Conceptual Site plan incorporates mutually agreed Covenants between the seller and the Glenn Dale Citizens Association, Inc. (GDCA). Envisioned as an Employment Park, the property is strategically located opposite Wingate subdivision, with 260 homes, near Glenn Dale Heights, with 460 homes, and Glendale Forest which includes approximately 73 homes. Several Detailed site Plans have been approved for residential and commercial development nearby. See documents. Convenient to NASA's Goddard Space Flight Center and Bowie State University (within 3 miles), University of Maryland (within 7.5 Miles), Washington Union Station (within 16 miles), The United States Naval Academy, The Pentagon and Reagan National Airport (all within a 22 mile radius). Best use combines commercial, office and retail in a project that generates substantial economic impact and provides widespread appeal to the surrounding community. Contact the Prince George's Planning Department to verify your intended use.

Property Type :

Land

County :

PRINCE GEORGES

Style :

Land

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Property Details

 

Water/Sewer

Water Source : Public Hook-up Available

Exterior Features

Utilities: Sewer Available,Water Available

Utility Features

Sewer: Public Hook/Up Avail

Lot Information

Lot Size: 1,061,993

Lot Size (Acres): 24.38

Main Square Feet: 1,061,993

Property Information

Total Lot SQ ft: 1,061,993

Financing: Cash,Conventional

Total Acreage: 24.38

Listing Information

Possession: Settlement

Days Of Market: 647

Lease Information

Lease Considered: No

Tax Information

Annual Tax: $39,331

Tax Year: 2020

Total Taxes Payment Frequency: Semi-Annually

Possession

Settlement

Assessment Information

Taxes Assessment Amount: $2,645,400

Multi-Unit Information

Acceptable Financing: Cash,Conventional

Homeowners Association Information

Direction: I-495 to Balt Wash Pkwy N (Exit 22A), MD-193 Exit towards NASA Goddard, left on Greenbelt Rd (MD-193), left on Lanham Severn RD to property on the right, opposite Wingate Dr, adjacent 11611 LANHAM SEVERN RD

School Information

School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Utility Information

Sewer Available,Water Available

Water Source: Public Hook-up Available

Sewer: Public Hook/Up Avail

Location Information

Direction: I-495 to Balt Wash Pkwy N (Exit 22A), MD-193 Exit towards NASA Goddard, left on Greenbelt Rd (MD-193), left on Lanham Severn RD to property on the right, opposite Wingate Dr, adjacent 11611 LANHAM SEVERN RD

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5508 Center Avenue , Glenn Dale, MD,20769 $110,000 -- -- 10,282 10282 Sqft
11001 Good Luck Road , Glenn Dale, MD,20769 $4,900,000 -- -- 980,100 980100 Sqft
TBB Fountain Park Drive.., Glenn Dale, MD,20769 $839,990 4 2.5 -- 9600 Sqft
TBB Corner Creek Way #.., Glenn Dale, MD,20769 $919,990 4 4.5 -- 9900 Sqft
11304 Prospect Hill Road , Glenn Dale, MD,20769 $675,000 4 2.5 -- 20023 Sqft
8015 Wingate Drive , Glenn Dale, MD,20769 $785,000 5 4.5 3,682 40280 Sqft
5810 Marietta Station D.., Glenn Dale, MD,20769 $839,900 4 3.5 4,004 67023 Sqft
11302 Prospect Hill Road , Glenn Dale, MD,20769 $710,000 4 2.5 -- 33324 Sqft
11611 Wynnifred Pl #L.., Glenn Dale, MD,20769 $962,924 5 3.5 -- 9607 Sqft
TBB Corner Creek Way #.., Glenn Dale, MD,20769 $789,990 4 2.5 -- 9600 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 04/26/2024 @ 07:15

MLS: MDPG533364
LISTED BY: Ronald L Rudison , Long & Foster Real Estate, Inc.
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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