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1413-1415 Addison Rd

1.91 Acres of Commercial Land Offered at $695,000 in Capitol Heights, MD 20743

Investment Highlights

  • Located in the booming Capital Heights, near new development facing a shopping center.
  • One mile south of the Addison Road – Seat Pleasant Metro Station (Blue/Silver Lines).
  • One mile away from Route 214 (Central Avenue) & Route 4 (Pennsylvania Avenue) with immediate access to I-495 (Capital Beltway).

Executive Summary

Great opportunity to develop this site in booming PG County, Maryland's Capitol Heights neighborhood. 2 adjoining leveled lots (sold together) with high visibility, road frontage & easy access. Currently zoned IE (Industrial/Employment) previously zoned I-1 (Light Industrial). Church, place of worship, private school, restaurant, catering, office, bank, medical, pharmacy, animal hospital, wholesale, manufacturing, community building, library, office supply store, contractor's plant, commercial parking lot, automotive, post office, public buildings, bus station or terminal, and many more commercial uses. All information deemed reliable but subject to verification. Sewer, water, utilities available on Addison Street but not yet connected. Can also build to suit with proper financials.

Property Facts

Price $695,000
Sale Type Investment
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Medical
Total Lot Size 1.91 AC
Opportunity Zone Yes

1 Lot Available

Lot 1

Price $695,000
Price Per AC $363,874
Lot Size 1.91 AC

Raw land directly on Addison St.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 18-2065126
  • 18-2065118
Land Assessment
$329,100
Improvements Assessment
$0
Total Assessment
$329,100

zoning

Zoning Code IE
IE
  • Listing ID: 19840181

  • Date on Market: 6/9/2020

  • Last Updated:

  • Address: 1413-1415 Addison Rd, Capitol Heights, MD 20743

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