0 64Th Ave East Riverdale, MD 20737
This exceptional 1.1-acre commercial land parcel presents a remarkable development opportunity in the desirable Riverdale Hills subdivision of Prince George's County, Maryland. Located at the intersection of Riverdale Road and 64th Avenue, this property (parcels 1 & 2, Plat Number A19-1428) boasts a strategic location proximate to the new Purple Line station and a planned mixed-use development, promising significant future growth and increased property value. The site is zoned RSF-A (PG County), allowing for residential development. Preliminary assessments suggest a development potential of approximately 15 units, though further due diligence is recommended to confirm this estimate. This listing encompasses 1.1 acres, but an option exists to acquire additional adjacent parcels (parcels 3-6) for a total of over 4.52 acres, significantly expanding development possibilities. The property's address is Riverdale Road at 64th Avenue, East Riverdale, MD 20737. This is an exceptional opportunity for investors and developers seeking a prime location with significant upside potential in a rapidly developing area. Detailed zoning information and development plans are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.