BridgeWater Real Estate Brokerage is pleased to present an exclusive opportunity to acquire a 3.2-acre development site in Bowie, Prince George’s County, Maryland.
The property is zoned RSF-A, permitting low- to medium-density residential development, with the added potential for medium- to high-density elderly multifamily housing through the County Special Exception.
Strategically positioned with excellent connectivity, the site offers convenient access to the region’s major employment and transit hubs:
- 5 minutes to I-495 (Capital Beltway)
- 10 minutes to New Carrollton Metro Station & MARC Train
The site lies in a 2026 HUD-designated Difficult Development Area (DDA) and a Maryland-designated Community of Opportunity, making it eligible for enhanced incentives for affordable housing projects using Low Income Housing Tax Credits (LIHTC).
Ownership has prepared concept plans for 29 townhomes, highlighting the site’s near-term development potential and attractive residential appeal.
This rare offering combines location, accessibility, financing incentives, and flexible zoning, making it an exceptional opportunity for builders and developers seeking to deliver much-needed housing in a strong suburban market.
Contact Mohsen Teimouri at 240-706-1951 and mosen.t@bwreb.com for more information.