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117 Tunic Ave

0.64 Acres of Commercial Land Offered at $299,000 in Capitol Heights, MD 20743

Investment Highlights

  • 100 feet to metro Wmata property line

Executive Summary

Huge development opportunity. 500 feet to Capitol Heights Metro entrance (Silver & Blue Lines), 100 feet to WMATA property line. Opportunity zone to save tax bigly. Potential million square feet developments nearby. This is a sale of 4 adjoining parcels, total 27, 922 square feet. P. G. County Tax ID is: 1988732, 2046415, 2047231, 2060119. Zoning is in transportation overlay zone, very flexible. It is possible to acquire more adjoining parcels. Address: 117 Tunic Ave, Capitol Heights, MD 20743.

Property Facts

Price $299,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Hospitality
  • Hotel
Total Lot Size 0.64 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $299,000
Price Per AC $465,158
Lot Size 0.64 AC

with back access to public road: Urey Place. Price just dropped!

Description

The state of Maryland just gave $400 million to develop the area near the metro blue line. no building. flat land. all utilities (gas, water, sewer, electricity, interent) ready. Huge development opportunity. 500 feet to Capitol Heights Metro entrance (Silver Line to Dulles Airport & Blue Lines to Amazon headquarter and Reagan Airport), 100 feet to WMATA Metro property line. Opportunity zone to save tax bigly. Potential million square feet developments nearby. This is a sale of 4 adjoining parcels, total 27, 922 square feet. P. G. County Tax ID is: 1988732, 2046415, 2047231, 2060119. Zoning is in transportation overlay zone, very flexible. It is possible to acquire more adjoining parcels. Address: 117 Tunic Ave, Capitol Heights, MD 20743. Open to co-operation.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-2046415
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$48,433

zoning

Zoning Code R55 (a residential zoning designation for single-family detached dwellings on small lots)
R55 (a residential zoning designation for single-family detached dwellings on small lots)
  • Listing ID: 24380680

  • Date on Market: 10/28/2021

  • Last Updated:

  • Address: 117 Tunic Ave, Capitol Heights, MD 20743

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