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 an opportunity for retail, commercial, and mixed-use developers.
Unmatched Traffic, Access, & Visibility
For retail operators, visibility and ease of access are paramount. This site commands exceptional retail fundamentals:
Massive Traffic Counts: Over 50,000 Average Annual Daily Traffic (AADT) along Route 202 ensures continuous, high-volume consumer exposure.
Signalized Access: The dedicated signalized intersection provides seamless, safe ingress and egress for customers, 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), the site benefits from a constant stream of daily foot traffic and commuters. It is also just one stop from the New Carrollton MultiModal Transit Station (connecting to the Purple Line, MARC, Amtrak, and Greyhound).
Flexible Zoning & High-Density Potential
Zoned LTO-E (Local Transit-Oriented – Edge), the property is explicitly structured to accommodate vibrant, moderate-intensity mixed-use centers or dense residential layouts.
Mixed-Use Flexibility: Ideal for standalone commercial retail, neighborhood-serving retail, or a mixed-use residential wrap with ground-floor commercial space.
Parking Efficiency: Take advantage of reduced parking requirements to maximize your net buildable area and retail footprint.
Strategic Incentives: Fully located within a Qualified Census Tract (QCT), a Revitalization Tax Credit Area, and a Priority Funding Area.
Strong Holding Income & Flexible Acquisition Terms
While you clear your development path, the property offers immediate commercial value to offset carrying costs. The site features active billboard leases bringing in $30k in annual base rent plus 25% of the tenant’s advertisement revenue (running through January 2028 with options to renew). Concurrently, the 2.37 acres can host park-and-ride facilities, parking structures, or commercial vehicle parking.
To accommodate complex site planning and design timelines, the patient seller allows for a closing contingent upon entitlements and comprehensive financing (including LIHTC structures).
For more information, click VIEW FLYER and contact Adam Stein at astein@bwreb.com and 202-603-5587. Confidential material, such as billboard leases and property survey, can be found on the Crexi and Loopnet links below. Thank you.