Mixed-Use Development Land Corner
For Sale
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4011 Knowles Ave, Kensington, MD 20895
Corner development parcel is approved for a mixed-use project with multi-family and ground-floor retail components.
Property SizeContact for details
Days on Market112
Property Features for 4011 Knowles Ave
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Tranzon Key
Listed By:
Jeffrey Stein · License #MD 5422
Source:
Crexi
Added: Apr 24
Changed: Aug 8
Last Checked: May 7 at 4:49AM
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 Tranzon Key
Investment Insights
Based on property information with market context.
This mixed-use development land includes two contiguous components with defined approvals and zoning parameters. 4011 Knowles Avenue is a 32,991-square-foot corner parcel on Knowles and Summit Avenues and was approved in 2023 for up to 106,102 square feet of development. The approved plan contemplates 84 multi-family units, 16 short-term rental units, and approximately 16,000 square feet of ground-floor commercial space, along with both structured and surface parking for resident and retail use. Amended approvals were received in May 2023 and supporting documentation is available through the package, including the approved amended certified site plan and approved amended architectural drawings, believed accurate but not guaranteed.
A second area referenced in the remarks is Summit Avenue, currently configured as a parking lot. The Summit properties comprise two contiguous lots at the corner of Summit Avenue and Brainard Avenue, each approximately 6,750 square feet for a total of about 13,500 square feet, and are zoned CRN-1.5 C-1.5 R-1.5 H-45, a zone intended for pedestrian-scale, neighborhood-serving mixed-use centers and transitional edges.
The offering is presented as two separate for-sale land offerings, with additional details available for the Knowles Avenue and Summit Avenue parcels on the referenced website links.
A second area referenced in the remarks is Summit Avenue, currently configured as a parking lot. The Summit properties comprise two contiguous lots at the corner of Summit Avenue and Brainard Avenue, each approximately 6,750 square feet for a total of about 13,500 square feet, and are zoned CRN-1.5 C-1.5 R-1.5 H-45, a zone intended for pedestrian-scale, neighborhood-serving mixed-use centers and transitional edges.
The offering is presented as two separate for-sale land offerings, with additional details available for the Knowles Avenue and Summit Avenue parcels on the referenced website links.
Key Highlights
- 4011 Knowles Avenue in Kensington, MD: 32,991 SF corner parcel on Knowles Ave and Summit Ave
- Approved (2023) for up to 106,102 SF development: 84 multi‑family units plus 16 short‑term rental units
- Approved plan includes 16,000 SF ground‑floor commercial/retail space
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,942
Businesses Nearby
Explore this area
Business Placement
Demographics for 20895, MD
19,753
Population
7,316
Households
2.7
Avg Household Size
42
Median Age
74%
College-Educated
97%
High-School Grad
4.1 sq mi
ZIP Area
4,818
Density / Sq Mi
$169,527
Median Household Income
$88,513
Median Earnings
$2,075
Median Rent
$744,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Corner development parcel is approved for a mixed-use project with multi-family and ground-floor retail components.
Where is this commercial land located?
The property is located at 4011 Knowles Ave Kensington, MD.
What are key features of this property?
This property features: 4011 Knowles Avenue in Kensington, MD: 32,991 SF corner parcel on Knowles Ave and Summit Ave; Approved (2023) for up to 106,102 SF development: 84 multi‑family units plus 16 short‑term rental units; Approved plan includes 16,000 SF ground‑floor commercial/retail space
