Purple Line Site

Opportunity:

  • Size: 2.99 acres
  • Development density: up to 8 FAR
  • Located in:
    • Qualified Census Tract
    • Opportunity Zone
    • Enterprise Zone
  • Price: $4,000,000

About This Property

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 | astein@bwreb.com