Refine Search
Map
Sort by
$90,000
1 Beds ⋅ 1 Baths
Attention builders, developers, and visionary investors: This is the transit-oriented infill opportunity you’ve been looking for. Situated at 4619 Addison Road, this competitively priced 4,800-square-foot (0.11-acre) lot features an existing 1932 structure that is a complete teardown, offering a true blank canvas to design, build, and maximize your return on investment. Sold strictly as-is for land value, this manageable property keeps site clearing, grading, and holding costs low, while existing public water and sewer access will significantly simplify your eventual utility hookups and development timeline. The true value of this site lies in its CN (Commercial, Neighborhood) zoning designation under Prince George’s County’s updated 2022 zoning ordinance. This powerful classification removes the guesswork regarding density and allows for a wide variety of high-value, pedestrian-friendly developments. Rather than being restricted to a standard single-family home, you have the ultimate flexibility to dictate the property's highest and best use. The CN zone explicitly supports mixed-use development—allowing you to combine ground-floor retail or office space with residential apartments above—as well as standalone "main street" style multi-family housing or boutique commercial spaces serving the local community. Beyond the lot itself, the Capitol Heights location makes this a highly strategic land play. Positioned directly along the thriving Blue Line Corridor, the site sits just minutes from the Addison Road-Seat Pleasant Metro Station, offering future buyers or tenants a highly desirable commute into downtown Washington D.C. The immediate area is experiencing a massive influx of new transit-oriented development and infrastructure upgrades, allowing you to capitalize on the neighborhood's active appreciation. With unbeatable connectivity to Central Avenue and I-495, this property is priced aggressively to leave ample room for your demolition, construction budget, and back-end profit. Bring your architect, run your numbers, and seize this competitive redevelopment opportunity today.

4619 Addison Rd, Capitol Heights

Listing courtesy of Engel & Volkers Washington, DC. Contact:

$300,000
1 Beds ⋅ 1 Baths
Three contiguous residential parcels on Rollins Avenue are being offered together as a development assemblage, creating an unusual infill opportunity minutes from recently completed townhouse development. The combined Rollins Avenue property contains approximately 1.9 acres and appears well suited for investigation as a townhouse development site. Based on preliminary site analysis, a working concept of approximately 16–18 townhouse residences appears reasonable, subject to engineering, subdivision, zoning, utility, environmental and governmental approvals. Higher-density configurations may be possible and should be independently investigated by prospective developers. The assemblage combines 315, 401 and 403 Rollins Avenue, three contiguous parcels with substantial frontage along Rollins Avenue. Taken together, the properties provide considerably greater development flexibility than the parcels would provide individually. The surrounding market already demonstrates demand for housing approximately the size contemplated here. Recent nearby townhouse sales identified in our preliminary market work include approximately $410,000 for 1,520 SF, $421,000 for 1,536 SF, $449,999 for 1,520 SF, and $450,000 for 1,672 SF. Against those comparables, a working assumption of approximately $435,000 for a newly constructed 1,600-SF residence provides a reasonable starting point for developer underwriting rather than relying upon an unusually aggressive retail price. At an illustrative 18 units: 18 × $435,000 = $7,830,000 potential gross sellout An indicative $950,000 acquisition price represents approximately 11.5% of projected gross sellout, or approximately $50,000 in land acquisition cost per potential dwelling unit. Our working concept assumes approximately 16–18 townhouse residences of approximately 1,600 SF each, configured as multi-level homes with an estimated 800–900 SF ground-level building footprint per residence. At 18 residences, the estimated combined residential building footprint would therefore be approximately: 18 × 800–900 SF = 14,400–16,200 SF Against approximately 1.9 acres, or roughly 83,000 SF of land, that represents only approximately 17–20% preliminary building coverage. The remaining land would be available for the considerably larger site-planning requirements associated with development: internal circulation, approximately 2.3 parking spaces per dwelling, visitor parking, sidewalks, setbacks, stormwater management, utilities, landscaping and common/open areas. This is deliberately a moderate-density working concept rather than an attempt to maximize theoretical unit count. A developer's civil engineer and land planner may identify a more efficient configuration. $950,000 — Three Rollins Avenue Parcels Sold as One Assemblage The owner's objective is straightforward: offer a developer control of three contiguous Rollins Avenue properties in a single transaction, rather than marketing the properties independently. The opportunity is the combination of contiguous ownership, substantial Rollins Avenue frontage, RSF-A zoning, nearby evidence of $400,000+ townhouse values, and sufficient acreage to investigate a meaningful infill residential development. Offered as an assemblage. Developer due diligence required. All proposed unit counts, layouts, values, building footprints and development concepts are preliminary and subject to independent verification and applicable zoning, subdivision, engineering, environmental, utility and governmental approvals.

315 Rollins Ave, Capitol Heights

Listing courtesy of Weichert, REALTORS. Contact: