Property profile

11406 Indian Head Hwy Fort Washington, MD 20744

OFF-MARKET
Land
Property ID
US40-0546642
7.43 ac lot
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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 Land
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

Location

11406 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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