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Capitol Heights Development Opportunity
For Sale
$299,000
Pending

117 Tunic Ave, Capitol Heights, MD 20743

Land near Capitol Heights Metro with development potential.

Property SizeContact for details
Lot Size0.64 Acres
Days on Market2074

Property Features for 117 Tunic Ave

General Information

Standard status Pending
Lot size 0.64 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $1,630

Amenities

Level
Listing Agency: COTTAGE STREET REALTY LLC
Listed By: ALEXANDRA I BURRELL-HODGES · License #609427
Source: Corcoran
Added: Feb 25, 2021 Changed: Oct 25 Last Checked: Oct 30 at 2:18PM

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 COTTAGE STREET REALTY LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This is a development opportunity consisting of four adjoining parcels, totaling 27,922 square feet. The property is located 500 feet from the Capitol Heights Metro entrance (Silver & Blue Lines) and 100 feet from the WMATA property line. It is situated in an opportunity zone. The zoning is in a transportation overlay zone. There is potential for million-square-foot developments nearby. Additional adjoining parcels may be available for acquisition.

Key Highlights

  • Prime location: Just 500 feet to Capitol Heights Metro (Silver/Blue Lines).
  • Significant tax savings: Located in an Opportunity Zone.
  • High development potential: Total of 27,922 square feet across 4 adjoining parcels.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Gym & Fitness Center

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

596
Businesses Nearby

Demographics for 20743, MD

40,709
Population
16,521
Households
2.5
Avg Household Size
38
Median Age
23%
College-Educated
86%
High-School Grad
9.6 sq mi
ZIP Area
4,241
Density / Sq Mi
$76,332
Median Household Income
$47,762
Median Earnings
$1,614
Median Rent
$317,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Commercial land - Land near Capitol Heights Metro with development potential.
Where is this commercial land located?
The property is located at 117 Tunic Ave Capitol Heights, MD.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Prime location: Just 500 feet to Capitol Heights Metro (Silver/Blue Lines).; Significant tax savings: Located in an Opportunity Zone.; High development potential: Total of 27,922 square feet across 4 adjoining parcels.
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