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Laurel Development Opportunity
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11201 Springfield Rd, Laurel, MD 20708

3.49 acres for single-family home development in Laurel, Maryland.

Property SizeContact for details
Lot Size3.49 Acres
Days on Market349

Property Features for 11201 Springfield Rd

General Information

Standard status Active
Lot size 3.49 Acres
Property subtype Land
Zoning RSF-65
Listing Agency: Feldman Ruel
Listed By: LaMarr Datcher · License #671784
Source: Crexi
Added: Aug 26, 2025 Changed: Aug 8 Last Checked: Jul 16 at 4:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Feldman Ruel

Investment Insights

Based on property information with market context.

This 3.49-acre property (152,024 square feet) presents a single-family home development opportunity in Laurel, Prince George’s County, Maryland. The flat, favorably shaped land is zoned RSF-65, allowing for the by-right development of up to 23 single-family detached homes. This project scale is suited for home builders and regional developers seeking lower entry costs and minimal entitlement risk. The by-right zoning reduces regulatory hurdles, accelerating the development timeline. The land basis is competitively priced at $43,260.87 per buildable lot (assuming 23 single-family homes). The property benefits from strong demand drivers, including proximity to major transportation corridors, established infrastructure, and a growing need for single-family housing. The surrounding area has demonstrated consistent absorption, offering a low-risk path to project delivery.

Key Highlights

  • By‑right zoning (RSF‑65) allows immediate development of up to 23 single‑family detached homes.
  • Located in the high‑demand Laurel submarket of Prince George’s County, Maryland.
  • Manageable project scale ideal for home builders and regional developers.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Auto Repair Shop Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

65
Businesses Nearby

Demographics for 20708, MD

27,832
Population
11,023
Households
2.5
Avg Household Size
35
Median Age
41%
College-Educated
91%
High-School Grad
12.2 sq mi
ZIP Area
2,281
Density / Sq Mi
$83,457
Median Household Income
$50,309
Median Earnings
$1,796
Median Rent
$431,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 3.49 acres for single-family home development in Laurel, Maryland.
Where is this residential land & home lot located?
The property is located at 11201 Springfield Rd Laurel, MD.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: By‑right zoning (RSF‑65) allows immediate development of up to 23 single‑family detached homes.; Located in the high‑demand Laurel submarket of Prince George’s County, Maryland.; Manageable project scale ideal for home builders and regional developers.
More about this property
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