12509 Crestwood Ave Brandywine, MD 20613
This exceptional 10.6-acre parcel, located at 12509 Crestwood Ave S, Brandywine, MD 20613, presents a remarkable opportunity for residential development. Zoned Residential, Rural (RR), this fee-simple property allows for the creation of up to 23 residential lots, according to current zoning regulations. The property's convenient location offers easy access via Crestwood Avenue, directly off the Moores Road and Branch Avenue intersection, providing excellent connectivity to major transportation routes. Situated across Branch Avenue from a thriving 324-unit townhome community, this land benefits from a strong existing residential market. The surrounding area exhibits robust economic growth, fueled by major employers like Joint Base Andrews and MedStar Southern Maryland Hospital Center, creating significant demand for new housing in an undersupplied market. With a high average household income of $119,561 within a 3-mile radius, this site offers exceptional potential for a high-return residential development project. The property's APN is 11-1134105. This is a prime opportunity to capitalize on the burgeoning residential market in Prince George's County, Maryland. The asking price for this exceptional property is $1,500,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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