Property profile

11308 Indian Head Hwy Fort Washington, MD 20744

OFF-MARKET
Land
Property ID
US40-0395930
18.43 ac lot
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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 Land
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

Location

11308 Indian Head Hwy Fort Washington, MD 20744
Fort Washington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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