4812 New Jersey Ave, Bowie, MD 20720

$975,000
3
BD
2
BA
4,021
SqFt

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List Price
$975,000
Days on Market
0
Status
ACTIVE
MLS#
MDPG2219862
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
4,021
Lot Size (Acres)
0.38
Style
Contemporary
Year Built
2015
County
Prince Georges
School District
Prince George's County Public Schools

Property Description

PRIME REDEVELOPMENT OPPORTUNITY — Two Adjoining Lots: This property is being sold with the adjoining property at 4911 Lottsford Vista Road, representing a once-in-a-generation opportunity to acquire budding lots totaling 25,237 square feet, tucked directly behind the thriving Vista Gardens Shopping Center in Bowie, Maryland. Sandwiched between two of the region's busiest commercial arteries — US Route 450 (Annapolis Road) and US Route 704 (Martin Luther King Jr. Highway) — this property sits at the epicenter of one of Prince George's County's highest-traffic retail corridors. The home is surrounded by established commercial development, including: two Wawa locations, including a gas station; Carolina Kitchen and other quick-service restaurants; direct access to the WB&A Trail; and minutes from the Annapolis Road/MLK Jr. Highway interchange, one of the busiest intersections in the corridor. This is high-visibility real estate in an area that has already transitioned from residential to commercial use all around it — making the two lots a natural next step in the corridor's evolution. OPTION 1: COMMERCIAL REDEVELOPMENT: For developers and investors, these lots represent a compelling rezoning play. The site is ideally suited for retail, mixed-use, or commercial-service development that capitalizes on existing traffic patterns and neighboring anchor tenants. OPTION 2: RESIDENTIAL REFURBISHMENT & SUBDIVISION: For buyers seeking a lower-intensity approach, both existing single-family homes can be renovated and the combined 25,237 SF lot possibly subdivided to add additional homes—an attractive option for builders looking to create new residential inventory in a well-located, amenity-rich pocket of Bowie. WHY THIS PROPERTY WON'T LAST: Assemblages of this size, in this location, with this level of commercial exposure, rarely come to market in the heart of Bowie’s commercial corridor. Whether your vision is a new commercial development or a boutique residential subdivision, this site offers the land, the location and the flexibility to make it happen. Contact us today to schedule a tour or request additional due diligence materials.

Additional Information

Subdivision
Buena Vista
Taxes
$10390
Interior Features
Ceiling Fan(s), Kitchen - Island
School District
Prince George's County Public Schools
Fireplaces
2
Garage
Yes
Garage Spaces
2
Heating
Forced Air
Heating Fuel
Electric
Cooling
Central A/C
Roof
Pitched, Shingle
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Michel Daley Realty. Contact: (202) 544-4445