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7200-7220 Livingston Rd Fort Washington, MD 20744

Sponsored
For Sale
$2,500,000

Large multifamily development opportunity.

Property size:
319,200 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional 28.9-acre property, located at 7200-7220 Livingston Road in Fort Washington, Maryland, presents a significant investment opportunity. The site encompasses a substantial 319,200 square feet and is zoned R-R and R-18C, allowing for the development of a substantial multifamily project. Currently listed at $2,500,000, this fee-simple ownership offers a price per square foot of $3.41 and a price per acre of $143,620. The property's strategic location, approximately two miles from Tanger Outlets, MGM Casino, and National Harbor, and four miles from Washington, D.C., and Northern Virginia, positions it to capitalize on the region's robust growth. The site's proximity to the new Amazon headquarters and the planned National View mixed-use community further enhances its potential. Detailed zoning feasibility analysis, engineering concept plans, and boring reports are available. This development could potentially comprise over 170 multifamily apartment units and nine residential single-family homes. The property's current zoning allows for a high-density development, making it an attractive proposition for investors seeking significant returns in a rapidly developing area. The existing infrastructure and the potential for substantial residential growth in the area make this a compelling investment opportunity.

Property Features for 7200-7220 Livingston Rd

General Information

Property type
Multifamily properties
Square Feet
319,200 SF
Lot Size
1,258,884 SF

Building Details

Units
16165

HighLights

  • 28.9‑acre development site in Fort Washington, MD.
  • Zoned R‑R and R‑18C, allowing for multifamily and single‑family development.
  • Potential to build 170+ multifamily units and 9 single‑family homes.
  • Prime location, two miles from National Harbor, MGM Casino, and Tanger Outlets.
  • Four miles from Washington, D.C. and Northern Virginia.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Fort Washington
County
Prince George's
State
Maryland
Longitude
-76.9988669
Latitude
38.7478222

FAQs

What type of property is this?
Multifamily property - Large multifamily development opportunity.
Where is this multifamily property located?
The property is located at 7200-7220 Livingston Rd Fort Washington, MD.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 28.9-acre development site in Fort Washington, MD.; Zoned R-R and R-18C, allowing for multifamily and single-family development.; Potential to build 170+ multifamily units and 9 single-family homes.
More about this property
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