Cheverly, Maryland: A Premier Destination for Commercial Real Estate

Introduction

Cheverly, Maryland, offers a compelling landscape for commercial real estate (CRE) professionals, strategically situated within the Washington D.C. metropolitan area. This small town, with its unique economic positioning, boasts a robust demand for various commercial property types, driven by proximity to major industries and urban centers. Cheverly's appeal lies in its accessibility, burgeoning economy, and supportive infrastructure for businesses.

Economic and Industry Overview

Cheverly's economy is predominantly influenced by sectors such as government services, healthcare, and retail trade. The city's proximity to the nation's capital enhances its attractiveness to federal contractors and associated businesses. Key industry clusters include:

• Government Services: Leveraging its location near Washington D.C., Cheverly attracts numerous government agencies and contractors.
• Healthcare: Home to several medical facilities, the healthcare industry is a significant driver of demand for office and medical space.
• Retail Trade: Retail spaces are in demand due to the growing residential population and the town's strategic location.

Local economic development initiatives focus on fostering a business-friendly environment, with support from regional agencies such as the Prince George's County Economic Development Corporation.

Strategic Location and Transportation Infrastructure

Cheverly benefits from a strategic location with excellent transportation infrastructure:

• Highways: Accessed via major highways such as U.S. Route 50 and the Baltimore-Washington Parkway.
• Public Transit: Served by the Washington Metro's Orange Line, providing seamless connectivity to the broader D.C. area.
• Airports: Proximity to both Ronald Reagan Washington National Airport and Baltimore/Washington International Thurgood Marshall Airport enhances logistics capabilities.

These logistical advantages make Cheverly an attractive hub for distribution and access to a skilled labor pool. For further information, visit the Maryland Department of Transportation.

Commercial Real Estate Inventory & Zoning

Cheverly encompasses diverse CRE submarkets, including:

• Central Business District (CBD): Primarily houses government offices and retail spaces.
• Industrial Corridors: Areas along major highways are zoned for industrial use, ideal for logistics and manufacturing.
• Innovation Districts: Emerging hubs for tech startups and research facilities.

The town offers incentives for developers, including tax credits and streamlined permitting processes. Access Cheverly's zoning maps and parcel viewers for more details.

Major Employers and Institutions

Key employers and institutions in Cheverly contributing to CRE demand include:

• Prince George's Hospital Center: A major healthcare provider.
• Pepsi Bottling Ventures: A significant industrial employer.
• Cheverly Police Department and Town Hall: Central to municipal services.

Explore more through the Prince George's County Business Directory.

Notable Commercial Developments & Projects

Cheverly is witnessing several large-scale developments:

• Cheverly Station: A mixed-use project that includes retail, office, and residential spaces.
• Opportunity Zones: The town has designated areas offering tax incentives for investment.

For ongoing project details, visit the Cheverly Planning Department.

Building Permits, Planning, and Development Tools

Access vital resources for development in Cheverly through:

• Building and Safety Department
• Permitting Portal
• GIS Parcel Map Viewer
• Planning Commission
• Development Code

Market Data & Economic Reports

Leverage public data sources for market insights:

• Census Data
• Prince George's County Open Data Portal
• Economic impact reports available through the local chamber of commerce.

Brevitas uses AI-powered aggregation from public data and internal insights. Explore Brevitas-powered dashboards here.

Why Use Brevitas for Cheverly, Maryland CRE?

Brevitas offers unparalleled tools for CRE discovery in Cheverly:

• AI-driven discovery for real-time market alerts and smart property pages.
• Auto-generated listing pages for comprehensive property insights.
• Email and landing page tools for effective marketing.
• Integration with brokers and developers to streamline deals.
• Exclusive listings with premium exposure for your properties.

Position your CRE ventures for success with Brevitas' advanced tools and insights.