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    OFF-MARKET
    Commercial real estate

    11406 Indian Head Hwy, Fort Washington, MD 20744

    7.43 ac lot
    Property ID
    US40-0546642
    Property summary
    AI-generated overview

    Exceptional development opportunity awaits with this expansive land parcel spanning 7.43 to 39.2 acres located at 11406 Indian Head Hwy, Fort Washington, Maryland, 20744. Currently zoned R-E, this property presents significant potential for various uses. Its strategic location offers easy access to major transportation routes and is situated just 5 miles from the Washington, D.C. line and 8 miles from the vibrant National Harbor, boasting 160 shops, 40 restaurants, 8 hotels, and numerous entertainment venues. The property is serviced by readily available utilities including water, sanitary and stormwater sewage, gas, electric, and telephone. A simple text amendment could facilitate rezoning to either commercial or R-T zoning, opening doors to townhome development. The asking price for this remarkable property is $2,999,000. This presents a rare chance to acquire a substantial land holding in a high-growth area with exceptional upside potential. Don't miss this chance to secure a prime piece of real estate in a thriving location.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 7.43 ac (323,651 SF)
    UPID US40-0546642
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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