For Sale
$2,500,000

7200-7220 Livingston Rd Fort Washington, MD 20744

Large multifamily development opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 28.9-acre property, located at 7200-7220 Livingston Road in Fort Washington, Maryland, presents a significant investment opportunity. The site encompasses a substantial 319,200 square feet and is zoned R-R and R-18C, allowing for the development of a substantial multifamily project. Currently listed at $2,500,000, this fee-simple ownership offers a price per square foot of $3.41 and a price per acre of $143,620. The property's strategic location, approximately two miles from Tanger Outlets, MGM Casino, and National Harbor, and four miles from Washington, D.C., and Northern Virginia, positions it to capitalize on the region's robust growth. The site's proximity to the new Amazon headquarters and the planned National View mixed-use community further enhances its potential. Detailed zoning feasibility analysis, engineering concept plans, and boring reports are available. This development could potentially comprise over 170 multifamily apartment units and nine residential single-family homes. The property's current zoning allows for a high-density development, making it an attractive proposition for investors seeking significant returns in a rapidly developing area. The existing infrastructure and the potential for substantial residential growth in the area make this a compelling investment opportunity.

Highlights

  • 28.9-acre development site in Fort Washington, MD.
  • Zoned R-R and R-18C, allowing for multifamily and single-family development.
  • Potential to build 170+ multifamily units and 9 single-family homes.
  • Prime location, two miles from National Harbor, MGM Casino, and Tanger Outlets.
  • Four miles from Washington, D.C. and Northern Virginia.

Property Details for 7200-7220 Livingston Rd

Property type
Apartment buildings
Square Feet
319,200 SF
Lot Size (sq. ft)
1,258,884 SF
Units
16165

Location Insight

City
Fort Washington
County
Prince George's
State
Maryland
Latitude
38.7478222
Longitude
-76.9988669

FAQs

What type of property is this?
Apartment building - Large multifamily development opportunity.
Where is the apartment building located?
The property is located at 7200-7220 Livingston Rd Fort Washington, MD.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 28.9-acre development site in Fort Washington, MD.; Zoned R-R and R-18C, allowing for multifamily and single-family development.; Potential to build 170+ multifamily units and 9 single-family homes.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
7200-7220 Livingston Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message