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8247 Landover Rd

3.71 Acres of Commercial Land Offered at $2,262,500 in Hyattsville, MD 20785

Investment Highlights

  • Nearby to Prince George’s County Administration Building and University of Maryland Capital Region Medical Center.
  • Within 1/2 mile of Beltway and Route 50
  • Located at a traffic light.

Executive Summary

8247 Landover Road provides a development opportunity to acquire a 3.71 acre parcel of raw land that is currently zoned Commercial and General Office (C-G-O) in the Washington, DC Greenbelt multi-family submarket statistical area. Regulations for development in the C-G-O zone provides for lands for a diverse range of business, civic, and mixed-use development, typically at or near major intersections where visibility and good access are important, in a form that supports connections and a balance between automobile access and pedestrian-friendliness; incorporates development with multiple uses, shared parking, and coordinated signage and landscaping; and accommodates higher-density residential uses as part of vertically or horizontally mixed-use development. Prince George’s County has established a commitment to preserving housing affordability and is working to diversify the County’s housing stock. Retail and multi-family development present themselves as the “highest and best uses” for this property.

Property Facts Under Contract

Price $2,262,500
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 3.71 AC

1 Lot Available

Lot

Price $2,262,500
Price Per AC $609,838
Lot Size 3.71 AC

Approximately 3.71 acres of Land. Zoned C-G-O (Commercial and General Office)

Description

8247 Landover Road Landover is in an unincorporated community in Prince George’s County. Residents of Landover have Hyattsville postal addresses though they live in Landover and not Hyattsville. Landover does not have its own postal zip code. Landover consists of several small subdivisions which are notably Ardwick Park, Kentland, Kenmoor, Dodge Park, Brightseat, Palmer Park, Columbia Park, Village Green, White House Heights, and Summerfield. Landover is home to FedEx Field, which the 8247 Landover Road Landover is in an unincorporated community in Prince George’s County. Residents of Landover have Hyattsville postal addresses though they live in Landover and not Hyattsville. Landover does not have its own postal zip code. Landover consists of several small subdivisions which are notably Ardwick Park, Kentland, Kenmoor, Dodge Park, Brightseat, Palmer Park, Columbia Park, Village Green, White House Heights, and Summerfield. Landover is home to FedEx Field, which the NFL’s Washington Commanders have played at since it opened in 1997 and it is also home to the Prince George’s Sports & Learning Complex, both of which are within 2 miles of the property. John Hanson Highway (U.S. Highway 50) is to the north and interstate I-495 is to the south.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-1557313
Land Assessment
$753,800
Improvements Assessment
$0
Total Assessment
$753,800

zoning

Zoning Code CGO (Commercial General Office)
CGO (Commercial General Office)
  • Listing ID: 30563721

  • Date on Market: 1/8/2024

  • Last Updated:

  • Address: 8247 Landover Rd, Hyattsville, MD 20785

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