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- LoopNet Team
5326 Sheriff Rd
Capitol Heights, MD 20743
Sheriff Rd assemblage · Land For Sale
·
1.81 AC
Investment Highlights
- 1.81 acres of CGO (mixed use land)
- Clean phase 1 on hand
- 0.8 miles from Deanwood metro station
- Sited at the D.C./Maryland border
- In a qualified census tract
- On numerous bus/transit routes
Property Facts
Description
Sited in a qualified census tract, a perfect 4%, potentially a great 9%) LIHTC execution, these 1.81 acres of CGO zoned land, formerly MUI, are steps from the D.C./MD line in Prince Georges County. The site can be developed under the new CGO zone, or there is still time to develop under the old MUI zoning. Sellers have a clean Phase 1, an ALTA survey & concept plans from one of the top engineering firms in the county, that can be provided to assist with due diligence. 86 units, apartments or condos, can be built by right as well as numerous retail, office, storage & mixed use plans. Land of this size/density & location does not come to market often so here is your chance to capitalize on the booming growth of Prince Georges County & The district of Columbia.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $37,600 | Total Assessment | $361,700 |
Property Taxes
