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11201 Springfield Rd 3.49 Acres of Residential Land Offered at $995,000 in Laurel, MD 20708
INVESTMENT HIGHLIGHTS
- 3.49-Acre Development Site for up to 23 Single-Family Homes with 6,500-SF Minimum Lot Size
- By-Right Zoning Provides More Certainty During the Entitlement Process
- Within 10 Minutes of Baltimore-Washington Parkway, I-95/I-495, & Major Retail Centers
- Competitive Land Basis at $43,261/Buildable Lot |Attractive Basis Versus Other Local Submarkets
- Recent New-Construction SFH Outsales Demonstrate Project Viability & Illustrate Strong Market Demand
EXECUTIVE SUMMARY
Feldman Ruel is pleased to offer for sale 11201 Springfield Road, which is a single-family home development opportunity in the high-demand Laurel submarket of Prince George’s County, Maryland. Spanning 3.49 acres (152,024 square feet) of flat, favorably shaped land with RSF-65 zoning, the subject property offers immediate potential for by-right development of up to 23 single-family detached homes.
This manageable project scale is ideal for home builders and regional developers seeking lower entry costs and minimal entitlement risk. The by-right zoning significantly reduces regulatory hurdles, accelerating the development timeline and mitigating approval uncertainty. With a land basis of $43,260.87 per buildable lot (assuming 23 single-family homes), 11201 Springfield Road is competitively priced relative to higher-density or urban infill sites, while still offering access to robust market fundamentals.
Located on the Prince George’s side of Laurel, the subject property benefits from strong demand drivers, including proximity to major transportation corridors, established infrastructure, and a growing need for single-family housing. The surrounding area has demonstrated consistent absorption, offering a low-risk path to project delivery and exit.
This manageable project scale is ideal for home builders and regional developers seeking lower entry costs and minimal entitlement risk. The by-right zoning significantly reduces regulatory hurdles, accelerating the development timeline and mitigating approval uncertainty. With a land basis of $43,260.87 per buildable lot (assuming 23 single-family homes), 11201 Springfield Road is competitively priced relative to higher-density or urban infill sites, while still offering access to robust market fundamentals.
Located on the Prince George’s side of Laurel, the subject property benefits from strong demand drivers, including proximity to major transportation corridors, established infrastructure, and a growing need for single-family housing. The surrounding area has demonstrated consistent absorption, offering a low-risk path to project delivery and exit.
PROPERTY FACTS
| Price | $995,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 3.49 AC |
| Property Type | Land | ||
| Zoning | RSF-65 - Residential, Single-Family | ||
| Price | $995,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 3.49 AC |
| Zoning | RSF-65 - Residential, Single-Family |
1 LOT AVAILABLE
Lot
| Price | $995,000 | Lot Size | 3.49 AC |
| Price Per AC | $285,044.75 |
| Price | $995,000 |
| Price Per AC | $285,044.75 |
| Lot Size | 3.49 AC |
DESCRIPTION
3.49-Acre Development Site for up to 23 Single-Family Homes with 6,500-SF Minimum Lot Size
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CONTACTS
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LaMarr Datcher -
Christopher Chadwick -
Brandon Cardwell -
Hannah McCann -
Feldman Ruel
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11201 Springfield Rd
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