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    4704 Baltimore Ave College Park, MD 20740

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    For Sale
    $4,200,000

    1.23 acres with high visibility and redevelopment potential.

    Property size:
    1 SF
    Lot size:
    1.23 Acres

    Property Features for 4704 Baltimore Ave

    General Information

    Size
    1 SF
    Lot size
    1.23 Acres

    Source: Barbara Richman Kahn Agent Barbara Richman Kahn

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Corner Land for Development

    This 1.23-acre property features a hard corner location with visibility from Route 1/Baltimore Avenue. It can be developed under the previous MUI zone or the current LTO-E and RSF-65 zoning. Permitted uses include multi-family housing, assisted living facilities, convenience stores, drug stores, gas stations, hotels, and general business offices. The location benefits from traffic counts exceeding 39,000 vehicles per day and is less than 2 miles from the UMD main campus. The immediate area is experiencing numerous redevelopment projects. The property is located across from three hotels slated for demolition to make way for the development of 331 multi-family units and 4,000 square feet of retail space. Additional land is available for sale via the neighboring property owner.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    College Park
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.93842
    Latitude
    38.9767329

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    FAQs

    What type of property is this?
    Land - 1.23 acres with high visibility and redevelopment potential.
    Where is this land located?
    The property is located at 4704 Baltimore Ave College Park, MD.
    What is the asking price?
    The asking price for this property is $4,200,000.
    What are key features of this property?
    This property features: - Hard corner location with **high visibility** from Route 1/Baltimore Avenue.; - 1.23 acres with flexible zoning allowing for diverse development options.; - Proximity to the University of Maryland (UMD) main campus.
    (240) 832-7428
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4704 Baltimore Ave College Park, MD 20740
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