College Park Multifamily Development
For Sale
$6,000,000
4300 Peru Road, College Park, MD 20740
4.8 acres zoned for high-density multifamily development in College Park.
Property SizeContact for details
Days on Market274
Property Features for 4300 Peru Road
General Information
Standard status
Active
Listing Agency:
Douglas Commercial
(301) 655-8253
Listed By:
Scott Douglas · License #580592
Source:
Douglascommercial
Added: Nov 21, 2025
Changed: Aug 8
Last Checked: Aug 8 at 4:53AM
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 Douglas Commercial
Investment Insights
Based on property information with market context.
This 4.8-acre property, located west of Baltimore Ave (US Rte 1) in College Park and south of Cherry Hill Road, presents a multifamily development opportunity. Zoned R-10, the site allows for high-density residential construction, with a minimum lot size of 20,000 square feet. The zoning potentially allows up to 48 dwelling units per net acre, translating to a maximum of 230 units across the 4.8 acres. However, environmental constraints reduce the developable area to approximately 2.5 acres. Achieving high density may necessitate a high-rise building design with structured parking. The D-D-O (Development District Overlay) broadens development possibilities, allowing for various uses subject to development approval. The property is mostly wooded, except for a 1.5-acre non-forested area around the old homestead's foundation. Remnants of the original driveway are accessible from the MNCPPC stream valley trail. The site is bordered by Little Paint Branch Creek to the west, MNCPPC Paint Branch Stream Valley Park to the south and west, and a forest conservation easement to the east. The property's total area is 209,688 square feet.
Key Highlights
- High‑Density Multifamily Zoning (R‑10): Allows for up to 230 dwelling units on 4.8 acres.
- Development District Overlay (D‑D‑O): Provides flexibility in development possibilities.
- Large Acreage: 4.8 acres provides ample space for development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
517
Businesses Nearby
Explore this area
Business Placement
Demographics for 20740, MD
36,930
Population
13,079
Households
2.8
Avg Household Size
27
Median Age
49%
College-Educated
86%
High-School Grad
8.8 sq mi
ZIP Area
4,197
Density / Sq Mi
$81,359
Median Household Income
$29,270
Median Earnings
$1,788
Median Rent
$417,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - 4.8 acres zoned for high-density multifamily development in College Park.
Where is this land located?
The property is located at 4300 Peru Road College Park, MD.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: High‑Density Multifamily Zoning (R‑10): Allows for up to 230 dwelling units on 4.8 acres.; Development District Overlay (D‑D‑O): Provides flexibility in development possibilities.; Large Acreage: 4.8 acres provides ample space for development.
