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25 Yacht Pl - Land - Central Avenue & Yacht Place 0.03 - 0.33 Acre Residential Land Lots Offered at $2,100,000 in Capitol Heights, MD 20743
INVESTMENT HIGHLIGHTS
- Prime Visibility (200 feet) on Central Avenue
- Currently zoned R-20 (15 townhome lots) but high probability for Mixed-Use Development
- Located in an Opportunity Zone (OZ) - Great opportunity for OZ investors and developers
- 46,525 daily traffic count
- Potential for increased density and mixed use
- Located within ½ mile of the Washington DC border, Capitol Heights Metro and one mile of the Addison Road Metro
EXECUTIVE SUMMARY
SALE PRICE: $2,100,000.00
PROPERTY FACTS Under Contract
| Price | $2,100,000 | Proposed Use | Mixed Use |
| Sale Type | Investment | Total Lot Size | 1.97 AC |
| No. Lots | 16 | No. Stories | 1 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Residential | ||
| Zoning | RSF-A - Residential, Single-Family-Attached | ||
| Price | $2,100,000 |
| Sale Type | Investment |
| No. Lots | 16 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Mixed Use |
| Total Lot Size | 1.97 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
| Zoning | RSF-A - Residential, Single-Family-Attached |
16 LOTS AVAILABLE
Lot
| Price | $2,100,000 | Lot Size | 0.04 AC |
| Price Per AC | $48,787,287.43 |
| Price | $2,100,000 |
| Price Per AC | $48,787,287.43 |
| Lot Size | 0.04 AC |
1.97 Acres Immediately Available. Raw Land with potential for single-family or mixed-use development.
Lot
| Lot Size | 0.04 AC |
| Lot Size | 0.04 AC |
Raw Land with potential for single-family or mixed-use development.
Lot
| Lot Size | 0.03 AC |
| Lot Size | 0.03 AC |
Raw Land with potential for single-family or mixed-use development.
Lot
| Lot Size | 0.33 AC |
| Lot Size | 0.33 AC |
Raw Land with potential for single-family or mixed-use development.
Lot
| Lot Size | 0.33 AC |
| Lot Size | 0.33 AC |
Raw Land with potential for single-family or mixed-use development.
Lot
| Lot Size | 0.19 AC |
| Lot Size | 0.19 AC |
Raw Land with potential for single-family or mixed-use development.
Lot
| Lot Size | 0.06 AC |
| Lot Size | 0.06 AC |
Raw Land with potential for single-family or mixed-use development.
Lot
| Lot Size | 0.10 AC |
| Lot Size | 0.10 AC |
Raw Land with potential for single-family or mixed-use development.
Lot
| Lot Size | 0.12 AC |
| Lot Size | 0.12 AC |
Raw Land with potential for single-family or mixed-use development.
Lot
| Lot Size | 0.15 AC |
| Lot Size | 0.15 AC |
Raw Land with potential for single-family or mixed-use development.
Lot
| Lot Size | 0.31 AC |
| Lot Size | 0.31 AC |
Raw Land with potential for single-family or mixed-use development.
Lot
| Lot Size | 0.04 AC |
| Lot Size | 0.04 AC |
Raw Land with potential for single-family or mixed-use development.
Lot
| Lot Size | 0.03 AC |
| Lot Size | 0.03 AC |
Raw Land with potential for single-family or mixed-use development.
Lot
| Lot Size | 0.03 AC |
| Lot Size | 0.03 AC |
Raw Land with potential for single-family or mixed-use development.
Lot
| Lot Size | 0.09 AC |
| Lot Size | 0.09 AC |
Raw Land with potential for single-family or mixed-use development.
Lot
| Lot Size | 0.09 AC |
| Lot Size | 0.09 AC |
Raw Land with potential for single-family or mixed-use development.
DESCRIPTION
Assemblage of mostly unimproved lots totaling approximately 1.96 acres with a detached single family, one-story residential dwelling situated in the growing economic area of the Central Avenue Corridor and the Blue Line Metro Corridor. The property is situated off of Central Avenue (Route 214) with over 550 feet of frontage and high traffic counts and strong demographics supporting additional multifamily and retail development.
PROPERTY TAXES
| Parcel Number | 18-2094571 | Improvements Assessment | $0 |
| Land Assessment | $5,900 | Total Assessment | $5,900 |
PROPERTY TAXES
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25 Yacht Pl - Land - Central Avenue & Yacht Place
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