0 Lanham Severn Rd | Glenn Dale, MD 20769
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0 Lanham Severn Rd
Glenn Dale, MD 20769
Land For Sale · 24.38 AC
Investment Highlights
- Large piece of land with highway frontage
- Water & Sewer hookup available
- Great location- close to UMD, Naval Academy, and The Pentagon
- Ideal investment opportunity
Executive Summary
An amazing development opportunity featuring 24.38 acres, Zoned Commercial Office. 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 plus Day Care for 100 120 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. The Preliminary 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. Detailed site Plans have been approved for several residential and commercial developments 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). Contact the Prince Georges Planning Department to verify your intended use.
PROPERTY FACTS Under Contract
Sale Type | Investment | Property Subtype | Commercial |
Sale Conditions | Redevelopment Project | Proposed Use | |
No. Lots | 1 | Total Lot Size | 24.38 AC |
Property Type | Land |
Sale Type | Investment |
Sale Conditions | Redevelopment Project |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | |
Total Lot Size | 24.38 AC |
1 Lot Available
Lot 31
Price | $4,900,000 | Lot Size | 24.38 AC |
Price Per AC | $200,984 |
Price | $4,900,000 |
Price Per AC | $200,984 |
Lot Size | 24.38 AC |
Extensive Highway Frontage
PROPERTY TAXES
Parcel Number | 14-1588755 | Improvements Assessment | $0 |
Land Assessment | $2,645,400 | Total Assessment | $2,645,400 |
PROPERTY TAXES
Parcel Number
14-1588755
Land Assessment
$2,645,400
Improvements Assessment
$0
Total Assessment
$2,645,400
zoning
Zoning Code | CS (Commercial Service Zone) |
CS (Commercial Service Zone) |
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