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    FOR SALE
    Commercial land

    13909 Baltimore Ave, Laurel, MD 20707

    0.69 ac lot
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US40-1164688
    13909 Baltimore Ave, Laurel, MD 20707 For Sale
    $1,700,000
    13909 Baltimore Ave, Laurel, MD 20707
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    Property summary
    AI-generated overview

    This exceptional opportunity presents 19 individual lots totaling 3.44 acres of land in the Oakcrest Subdivision of Laurel, Maryland. Located at 13909 Baltimore Avenue, zip code 20707, this distressed property offers significant development potential. The land is zoned for both commercial and residential use, providing flexibility for a variety of projects. The lots are situated in Prince George's County, Maryland, and benefit from a highly desirable location with convenient access to major roadways, including I-95, and nearby amenities. The combined acreage allows for substantial development, with the possibility of creating a cohesive and impactful project. Many of the lots are adjacent to one another, presenting an attractive opportunity for a single developer to acquire a significant parcel. This bankruptcy sale presents a unique chance to acquire a substantial land holding in a prime location with considerable upside. The property's strategic location and the availability of multiple lots make this an attractive investment for developers seeking a large-scale project or individual investors looking for smaller development opportunities. The versatility of the zoning allows for a wide range of development possibilities, from residential housing to commercial ventures. This is a rare opportunity to acquire a significant land parcel in a thriving area of Maryland.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.69 ac (30,000 SF)
    Zoning code CGO
    APN 10-1104413
    UPID US40-1164688
    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
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Prosperity Partners INC · 4 yrs held
    Prosperity Partners INC
    since 2022
    Last sale
    $425,000
    1 recorded transaction
    2022
    $425,000
    Zoning & alternative use
    CGO · Laurel, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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