8247 Landover Rd

• APPROXIMATELY 161,607 SF TOTAL
• Approximately 3.71 acres of Land
• Zoned C-G-O (Commercial and General Office)
• Located at a Traffic Light
• Ideal location with high visibility
• Within 1/2 mile of Beltway and Route 50
• Nearby to Prince George’s County Administration Building and University of Maryland Capital Region Medical Center
• Traffic Count: Landover Rd @ Matthew Henson Ave - 39,312 vpd per MDSHA
• This site is an ideal Retail location with high traffic count and excellent demographics on Landover Road
• SALE PRICE: $2,262,500,000

Property Description

8247 Landover Road provides a development opportunity to acquire a 3.71 acre parcel of raw land that is currently zoned Commercial and General Office (C-G-O) in the Washington, DC Greenbelt multi-family submarket statistical area. Regulations for development in the C-G-O zone provides for lands for a diverse range of business, civic, and mixed-use development, typically at or near major intersections where visibility and good access are important, in a form that supports connections and a balance between automobile access and pedestrian-friendliness; incorporates development with multiple uses, shared parking, and coordinated signage and landscaping; and accommodates higher-density residential uses as part of vertically or horizontally mixed-use development. Prince George’s County has established a commitment to preserving housing affordability and is working to diversify the County’s housing stock. Retail and multi-family development present themselves as the “highest and best uses” for this property.