• Broker Brady Thompson 3019182912
  • Broker Andy Mayr, CCIM 3014405384

1413-1415 Addison Rd 1.91 Acres of Commercial Land Offered at $500,000 in Capitol Heights, MD 20743

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INVESTMENT HIGHLIGHTS

  • Located in the booming Capital Heights, near new development facing a shopping center.
  • One mile south of the Addison Road – Seat Pleasant Metro Station (Blue/Silver Lines).
  • One mile away from Route 214 (Central Avenue) & Route 4 (Pennsylvania Avenue) with immediate access to I-495 (Capital Beltway).

EXECUTIVE SUMMARY

Great opportunity to develop this site in booming PG County, Maryland's Capitol Heights neighborhood. 2 adjoining leveled lots (sold together) with high visibility, road frontage & easy access. Currently zoned IE (Industrial/Employment) previously zoned I-1 (Light Industrial). Church, place of worship, private school, restaurant, catering, office, bank, medical, pharmacy, animal hospital, wholesale, manufacturing, community building, library, office supply store, contractor's plant, commercial parking lot, automotive, post office, public buildings, bus station or terminal, and many more commercial uses. All information deemed reliable but subject to verification. Sewer, water, utilities available on Addison Street but not yet connected. Can also build to suit with proper financials.

ATTACHMENTS

1413-1415 Addison FLYER 3

PROPERTY FACTS

Price $500,000 Property Subtype Commercial
Sale Type Investment Proposed Use
Retail
  • Mixed Use
  • Medical
Sale Condition Redevelopment Project Total Lot Size 1.91 AC
No. Lots 1 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type Land
Zoning IE
Price $500,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Medical
Total Lot Size 1.91 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning IE

1 LOT AVAILABLE

Lot 1

Price $500,000 Lot Size 1.91 AC
Price Per AC $261,780.10
Price $500,000
Price Per AC $261,780.10
Lot Size 1.91 AC

Raw land directly on Addison St.

PROPERTY TAXES

Parcel Numbers 18-2065126, 18-2065118 Improvements Assessment $0
Land Assessment $329,100 Total Assessment $329,100

PROPERTY TAXES

Parcel Numbers
Multiple
  • 18-2065126
  • 18-2065118
Land Assessment
$329,100
Improvements Assessment
$0
Total Assessment
$329,100

MAP

ADDITIONAL PHOTOS

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