7200-7220 Livingston Rd Fort Washington, MD 20744
- Apartment buildings
- 319,200 SF
- 28.90 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 7200-7220 Livingston Rd
- Lot size
- 28.90 lot acres
- Property size
- 319,200 SF
- Property type
- Apartment buildings
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Washington
- County
- Prince George's
- State
- Maryland
- Longitude
- -76.9989
- Latitude
- 38.7478
