Highlights

• Broker Participation is encouraged!
• Metropolitan Washington, DC area

• Sealed Bid Auction!

Description

This property is offered via NAI Global's Commercial Property PowerSale. Follow the link provided for complete information and to download a free Property Information Package (PIP). Broker participation welcomed.

BIDS DUE BY - July 30, 2009

Property ID #: 67038

Property: 9.24± Acres



Zoning/Land Use: M-U-I Mixed-Use Infill

Description: Approvals are already in place for 318 Multi-Family units and 90,000± SF of retail, office and restaurant space. Property is walking distance to a large Restaurant and Shopping Center Complex as well as the Blue Line Metro, which goes straight to Downtown D.C., Capitol Hill and the Pentagon.

This extraordinary site has extended frontage on Arena Drive and Lottsford Road. The Property is located in the heart of the Largo Business District, however, is not in the Inglewood Business Community and therefore is not subject to its convenants. The parcel is less than one mile from the exit 16 spur off the I-95/495 Capital Beltway and walking distance to the Largo Town Centre Metro Stop, Post Office and the many amenities at The Shops at Capital Boulevard.

Location Address: 9400 Arena Dr., Largo, MD 20774 ("Metropolitan Washington, DC Area")

Directions:
Prior to the opening of the Arena Drive Exit: From the I-95/495 Capital Beltway, take exit 17A onto Landoover Road for .5 miles. Turn right onto Lottsford Road for .6 miles. The property is on your right at the corner of Lottsford Road and Arena Drive.

Once the Arena Drive Exit is open: From the I-95/495 Capital Beltway, take exit 16A onto Arena Drive and continue for .4 miles. The property is on your left at Lottsford Road and Arena Drive.