BridgeWater Real Estate Brokerage is pleased to exclusively present this unique opportunity to develop next to a future Maryland Purple Line Station.
This 2.99-acre property is located in a Qualified Census Tract (QCT), an Opportunity Zone (OZ), and an Enterprise Zone.
Prince George’s County recently adopted a new zoning code, temporarily allowing developers to take advantage of either the previous zoning (MXT/DDO) or the current zoning (NAC) until April 2024. MXT/DDO zoning allows up to an 8 FAR subject to a detailed development proposal approval.
Due to its location inside the beltway and near a Metro station, the property qualifies for a reduced impact fee requirement of $12,929 per unit.
Maryland’s Environmental Resource & Land Information Network shows no signs of wetlands or watersheds.
Contact: Adam Stein | (202) 603-5587 | email@example.com