Fairmont Heights Development
For Sale
$430,000
711 Eastern Ave, Fairmount Heights, MD 20743
Two-lot package near Deanwood Metro, ideal for mixed-use development.
Property SizeContact for details
Days on Market471
Property Features for 711 Eastern Ave
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$4,726
Listing Agency:
ALL SERVICE REAL ESTATE
(301) 868-8787
Listed By:
GEORGE A HOCKADAY-BEY
Source:
Corcoran
Added: May 8, 2025
Changed: Mar 16
Last Checked: Aug 16 at 5:31AM
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 ALL SERVICE REAL ESTATE
Investment Insights
Based on property information with market context.
This offering features a two-lot development package located in Fairmont Heights, including properties at 711 Eastern Avenue and 708 58th Avenue. The combined area of the lots totals 27,723 square feet, or 0.64 acres. Zoned CGO (Commercial General Office), the parcels offer flexibility for various development options, including mixed-use, residential, or affordable housing projects. Buyers are responsible for conducting their own due diligence regarding permitted uses, density, and approvals. The site is located 0.9 miles from the Deanwood Metro Station on the Orange Line and has access to I-295, providing connectivity to Washington, D.C., and surrounding areas. This location is in a high-demand transit corridor. The property was recently appraised in August 2023 for $430,000.
Key Highlights
- Two‑lot package totaling 27,723 SF (0.64 acres) included in the list price.
- Zoned CGO (Commercial General Office) offering flexibility for mixed‑use, residential, or affordable housing projects.
- Ideally located 0.9 miles from Deanwood Metro Station (Orange Line) and minutes from I‑295, providing excellent connectivity.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
597
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Two-lot package near Deanwood Metro, ideal for mixed-use development.
Where is this commercial land located?
The property is located at 711 Eastern Ave Fairmount Heights, MD.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Two‑lot package totaling 27,723 SF (0.64 acres) included in the list price.; Zoned CGO (Commercial General Office) offering flexibility for mixed‑use, residential, or affordable housing projects.; Ideally located 0.9 miles from Deanwood Metro Station (Orange Line) and minutes from I‑295, providing excellent connectivity.
