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    OFF-MARKET
    Commercial real estate

    11308 Indian Head Hwy, Fort Washington, MD 20744

    18.43 ac lot
    Property ID
    US40-0395930
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Commercial real estate
    Lot 18.43 ac (802,811 SF)
    UPID US40-0395930
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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