Multifamily Development Opportunity
Market Price
5413 Riverdale Rd, Riverdale, MD 20737
1.8 acres
Lot Area
1
Units
Details:
Highlights:
- 1.8-acre site - multifamily development opportunity
- Zoned CGO, allowing for a wide mix of commercial and residential uses
- Semi-finished - cleared, existing road access and utilities available
- Potential for a larger assemblage with the adjacent property
- Near the crossroads of East West Highway and Kenilworth Avenue
- Adjacent to the new Riverdale Park-Kenilworth Station, part of the new Purple Line
- Within a Qualified Census Tract and a designated DHCD sustainable community
- Less than mile from the Baltimore-Washington Parkway (MD 295) and the Discovery District; less than two miles from the University of Maryland, and less than three miles from the District of Columbia
Description:
5413 Riverdale Road is a 1.8-acre site that offers an excellent multifamily development opportunity. It is zoned CGO, allowing for a wide mix of commercial and residential uses. The cleared site is semi-finished, with existing road access and utilities available. Additionally, there is potential for a larger assemblage with the adjacent property.
5413 Riverdale Road offers a prime development site at the crossroads of East West Highway and Kenilworth Avenue, two major thoroughfares in Prince George’s County, Maryland. This strategic location sits adjacent to the new Riverdale Park-Kenilworth Station, part of the new 21-station Purple Line from WMATA. 5413 Riverdale Road is positioned within a Qualified Census Tract and a designated DHCD sustainable community, aligning with broader redevelopment initiatives in the area.
The site benefits from proximity to key destinations and highways - less than mile from the Baltimore-Washington Parkway (MD 295) and the Discovery District; less than two miles from the University of Maryland, and less than three miles from the District of Columbia.
5413 Riverdale Road offers excellent multifamily development potential and long-term value in Prince George’s County’s evolving landscape.
Documents:
Title | ||
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Site Survey.pdf | ||
5413_Riverdale_Flyer.pdf | ||
5413_Riverdale_Flyer.pdf |
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