0 Lanham Severn Road, Glenn Dale, MD 20769Asking Price of: $4,900,000

An amazing development opportunity featuring 24.38 acres, Zoned Commercial, General and Office (CGO). Public Water and Public Sewer Hook-Up are available; Floor Area Ratio (FAR) is 0.3. Preliminary Site Plan on file highlights construction of 258,000 square feet of R&D / Medical Office, 92,000 for Warehouse, 8,000 for Commercial and Day Care for 100 to 120 students. Site Plan also features 9 building sites, parking lots, walking trails and 2 separate ingress / egress points, one of which is opposite Wingate Drive. A Conceptual Site plan incorporates mutually agreed Covenants between the seller and the Glenn Dale Citizens Association, Inc. (GDCA). Envisioned as an Employment Park, the property is strategically located opposite Wingate subdivision, with 260 homes, near Glenn Dale Heights, with 460 homes, and Glendale Forest which includes approximately 73 homes. Several Detailed site Plans have been approved for residential and commercial development nearby. See documents. Convenient to NASA's Goddard Space Flight Center and Bowie State University (within 3 miles), University of Maryland (within 7.5 Miles), Washington Union Station (within 16 miles), The United States Naval Academy, The Pentagon and Reagan National Airport (all within a 22 mile radius). Pending Prince Georges County approval of Townhouse Style Condo Development.