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7001 Old Landover Rd - 7001 Old Landover Road 2.37 Acres of Commercial Land in Landover, MD 20785
Investment Highlights
- Prime TOD Location: Less than 0.25 miles to Landover Metro Station (Orange/Silver Lines).
- High Traffic & Visibility: Signalized intersection access at Route 202 with over 50,000 AADT.
- Key Development Incentives: Located in a Qualified Census Tract (QCT) & Priority Funding Area.
- High-Density Zoning: LTO-E zoning allows up to 175 units per acre for residential or mixed-use.
- In-Place Holding Income: Active billboard leases generate $30k+ base rent plus 25% ad revenue share.
- Flexible Acquisition: Patient seller allowing entitlement contingencies; open to sale or lease.
Executive Summary
3 Total Lots: Assemblage includes Parcel 12, Parcel 105 (bifurcated by the road), and Parcel 199, combining for a total of 2.37 acres.
ACQUISITION & DEAL STRUCTURE:
Flexible Transaction Terms: Available for Sale or Lease. Open to outright purchase, ground lease, or lease-to-own arrangements.
Patient Seller: Seller will allow closing contingent upon entitlements, site plan approvals, flood mitigation planning/permits, and comprehensive financing approvals (including LIHTC structures).
In-Place Holding Income: Active billboard leases provide immediate revenue to offset carrying costs while clearing the entitlement path. Generates ~$30k in annual base rent plus 25% of tenant advertisement revenue (running through January 2028 with renewal options). Concurrently, the site can host park-and-ride facilities or commercial vehicle parking.
Pricing: UNPRICED / Offers Due TBD.
ENVIRONMENTAL & DEVELOPMENT CONSIDERATIONS:
Floodplain Location: Property lies within a regulatory floodplain/flood hazard zone, offering strong suitability for structured elevation TOD, ground-floor/surface parking, or outdoor commercial uses alongside potential civil mitigation.
DEVELOPMENT INCENTIVES:
Qualified Census Tract (QCT): Eligible for 130% basis boost under LIHTC rules.
Priority Funding Area & Revitalization Tax Credit Area: Unlocks state and local tax credits and financing priority.
CONTACT & OFFERING MATERIALS:
For full offering materials and flyer, please contact:
Adam Stein | BridgeWater Real Estate Brokerage
Email: astein@bwreb.com | Phone: 202-603-5587
Data Room Click Here to Access
- Investigations
- Zoning
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
1 Lot Available
Lot
| Lot Size | 2.37 AC |
| Lot Size | 2.37 AC |
2.37-acre TOD site comprised of 3 parcels (Parcel 12, 105 [road-bifurcated], & 199). In a 100-yr floodplain less than 0.25 mi from Landover Metro. Zoned LTO-E with signalized Rt 202 access, 50k+ AADT, QCT incentives, & billboard income.
Description
BridgeWater Real Estate Brokerage is proud to exclusively present a premier transit-oriented development (TOD) opportunity at 7001 Old Landover Rd, Landover, MD. Boasting a prime, high-visibility location at the signalized intersection entrance to Old Landover Road from Route 202 (Landover Road), this 2.37-acre site offers a versatile opportunity for commercial, retail, park-and-ride, structured residential, and mixed-use developers. ASSEMBLAGE & PARCEL BREAKDOWN Total Land Area: 2.37 Acres spanning 3 distinct parcels: - Parcel 12 - Parcel 105 (bifurcated by Old Landover Road) - Parcel 199 Configuration Advantage: The multi-parcel assemblage and road bifurcation allow for flexible site planning, phased development, or distinct commercial vs. parking/infrastructure footprints. SITE & FLOODPLAIN CHARACTERISTICS Floodplain Designation: The property is situated within a regulatory floodplain zone. The site layout is exceptionally well-suited for structured development with podium/deck parking, surface parking/park-and-ride operations, or commercial/retail integration subject to standard engineering and elevation design. UNMATCHED TRAFFIC, ACCESS, & VISIBILITY Massive Traffic Counts: Over 50,000 Average Annual Daily Traffic (AADT) along Route 202 ensures continuous, high-volume exposure. Signalized Access: Dedicated signalized intersection provides seamless, safe ingress and egress, maximizing drive-by capture rates. Built-In Transit Customer Base: Located less than a quarter-mile from the Landover Metro Station (Orange and Silver Lines), capturing a constant stream of daily commuters. It is also just one stop from the New Carrollton MultiModal Transit Hub (connecting to the Purple Line, MARC, Amtrak, Greyhound, and Metrobus). Regional Connectivity: Minutes from major thoroughfares including Interstate 95, Interstate 495 (Capital Beltway), and Route 50. HIGH-DENSITY ZONING & FLEXIBILITY Zoned LTO-E (Local Transit-Oriented – Edge), the site is explicitly structured to accommodate vibrant, moderate-intensity mixed-use centers or dense residential layouts. Density: Supports up to 175 units per acre. Mixed-Use Potential: Ideal for standalone commercial retail, neighborhood-serving commercial, or high-density residential with ground-floor commercial or structured parking. Parking Efficiency: Leverages reduced transit-oriented parking requirements to maximize net buildable area.
Property Taxes
| Parcel Number | 13-1542539 | Improvements Assessment | $0 |
| Land Assessment | $594,500 | Total Assessment | $594,500 |
Property Taxes
Contact the Sale Advisor
7001 Old Landover Rd - 7001 Old Landover Road