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3910 Old Branch Ave - Bedford Crest 10.66 Acres of Residential Land Offered at $3,499,000 in Suitland, MD 20746

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EXECUTIVE SUMMARY

Direct access to major highways and transportation
Minutes away from 3 metro rail stations
Surrounding retail amenities
Close proximity to Washington, D.C.
Qualified Census Tract (QCT)

ATTACHMENTS

Bedford Crest OM

PROPERTY FACTS Under Contract

Price $3,499,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Single Family Development
Total Lot Size 10.66 AC
Cross Streets Bedford Way
Zoning RMF-48 - Residential, Multifamily-48 (48 units/acre)

1 LOT AVAILABLE

Lot

Price $3,499,000
Price Per AC $328,236.40
Lot Size 10.66 AC

10.66 acres

DESCRIPTION

For Sale - 3910 Old Branch Avenue (“Property”), in the Suitland submarket of Prince George’s County. The property comprises +/- 10.66 acres and is zoned RMF-45, permitting high-density residential development by-right. 3910 Old Branch Avenue presents an enticing opportunity for market rate, senior, or affordable housing development. The property lies within a Qualified Census Tract (QCT), presenting additional incentives for capital gains and tax incentives. Additionally, it’s centrally located in between three significant metro rail train stations and provides ease of access to surrounding interstates and highways. Just north of the property is a major federal employment agency, Suitland Federal Center, which encompasses 8,000 employees from the General Services Administration, National Maritime Intelligence Center, and National Archives.

  • Listing ID: 31050295

  • Date on Market: 3/4/2019

  • Last Updated:

  • Address: 3910 Old Branch Ave, Suitland, MD 20746

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