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    11308 Indian Head Hwy Fort Washington, MD 20744

    Sponsored
    For Sale
    $2,999,000

    18-39 Acres, R-E Zoning, DC Proximity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 18.43 to 39.2-acre land parcel, located at 11308 Indian Head Hwy in Fort Washington, Maryland, presents a remarkable investment opportunity. Currently zoned R-E, the property offers significant potential for rezoning to a denser R-T classification, based on geological surveys and legal counsel. The site boasts convenient access to utilities including water, sewer, gas, electricity, and telephone. Its strategic location, approximately 7 miles from National Harbor, places it within easy reach of a thriving commercial hub featuring over 160 shops, 40 restaurants, 8 hotels, Top Golf, Tanger Outlets, and the MGM casino. The property's proximity to the Gaylord National Resort & Convention Center further enhances its appeal. This prime location is ideal for multi-family or townhouse development, catering to the growing residential demand in the area. The property's proximity to Washington, D.C. makes it an attractive location for commuters. The potential for assisted living facilities also presents a viable development option. While the main parcel for sale is 18.43 acres, seven adjoining parcels are available for purchase, expanding the total acreage to 39.2 acres. This presents a unique opportunity to acquire a substantial land holding in a rapidly developing area with excellent access to major transportation routes and amenities. The property is situated within a thriving community of commercial and residential areas, offering a strong foundation for future development.

    Property Features for 11308 Indian Head Hwy

    General Information

    Property type
    Land
    Lot Size
    802,811 SF

    HighLights

    • $2,999,000 asking price for up to 40 acres of land.
    • Currently zoned RE, with potential for denser R‑T zoning.
    • Utilities available: water, sewer, gas, electric, and telephone.
    • Excellent location, approximately 7 miles from National Harbor's amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    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
    -76.9900414
    Latitude
    38.7329535

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    FAQs

    What type of property is this?
    Land - 18-39 Acres, R-E Zoning, DC Proximity
    Where is this land located?
    The property is located at 11308 Indian Head Hwy Fort Washington, MD.
    What is the asking price?
    The asking price for this property is $2,999,000.
    What are key features of this property?
    This property features: $2,999,000 asking price for up to 40 acres of land.; Currently zoned RE, with potential for denser R-T zoning.; Utilities available: water, sewer, gas, electric, and telephone.
    Request Owner's contact information
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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
    11308 Indian Head Hwy Fort Washington, MD 20744
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