5302 SHERIFF RD, Capitol Heights, MD 20743 – MDPG2128110

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Raymond Brophy

livethedreamhomes@gmail.com +1(609) 798-1645

$2,400,000

Est. payment - /mo

1,800 SqFt

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UPDATED:

12/11/2024 01:08 PM

Key Details

Property Type Commercial

Sub Type Land for Commercial Use

Listing Status Under Contract

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $1,333

MLS Listing ID MDPG2128110

Originating Board BRIGHT

Year Built 1940

Annual Tax Amount $4,312

Tax Year 2024

Lot Size 1.810 Acres

Acres 1.81

Property Description

Sited in a qualified census tract these 1.81 acres of CGO zoned land, can be developed as upto 86 market rate residential units as well as upto 110 affordable residential units, are steps from the D.C./MD line in Prince Georges County. Sellers have a clean Phase 1, an ALTA survey & concept plans from one of the top architectural firms in the county, for an affordable (LIHTC) execution, that can all be provided to assist with due diligence. Aside from the residential execution, numerous retail, office & mixed use executions are allowable by right within the CGO zone. Land of this size/density & location does not come to market often so call your agent & capitalize on the booming growth of Prince Georges County. 5302 & 5326 Sheriff rd are part of this offering - 3 parcels together totaling the 1.81 acres. Offers due Friday, 11/15/24

Location

State MD

County Prince Georges

Zoning CGO

Interior

Hot Water Natural Gas

Heating Radiator

Cooling None

Heat Source Other

Exterior

Garage Spaces 120.0

Water Access N

Accessibility None

Total Parking Spaces 120

Garage N

Building

Lot Description Additional Lot(s), Partly Wooded

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Prince George'S County Public Schools

Others

Tax ID 17181992999

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Bank Portfolio, Cash, Conventional

Listing Terms Bank Portfolio, Cash, Conventional

Financing Bank Portfolio,Cash,Conventional

Special Listing Condition Standard

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Listed by Joshua D Ross • RE/MAX Realty Services

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Raymond Brophy

+1(609) 798-1645

VP of Residential Real Estate | License ID: 1120051

VP of Residential Real Estate License ID: 1120051

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