Investment Overview

Marcus & Millichap is pleased to represent the owner of 7000–7220 Livingston Road, Fort Washington, Maryland, a 28-acre residential development opportunity located along the Livingston Road corridor in Southern Prince George’s County. This sale consists of approximately 18 acres zoned RMF-20 (Residential Multifamily) and 10 acres zoned RR (Residential Rural), providing a rare combination of by-right multifamily density and additional acreage for site flexibility, buffering, and long-term value creation. The RMF-20 zoning allows for development of up to 20 dwelling units per acre, supporting the construction of approximately 275 multifamily units after accounting for setbacks, open space, internal roads, and stormwater management. The multifamily density is by-right, eliminating rezoning risk and allowing a future developer to move efficiently through the entitlement and approval process. The scale of the RMF-20-zoned acreage supports a campus-style multifamily community featuring garden-style or mid-rise buildings, surface and/or structured parking, and modern resident amenities. The adjacent RR-zoned acreage enhances overall site planning flexibility and may be utilized for open space preservation, environmental buffers, stormwater infrastructure, or limited low-density residential uses, further strengthening the marketability and functionality of the development. A Phase-1 report has been completed for both parcels. The property benefits from strong residential demand drivers, including proximity to National Harbor, the new 1.4M SF mixed-use National View development in Oxon Hill, slated for 2029, federal and defense employment centers, and regional commuter access to Washington, D.C. Limited new multifamily supply in the immediate submarket positions the site to capture favorable absorption and long-term rent growth. 7000–7220 Livingston Road offers convenient access to MD-210 (Indian Head Highway), I-295, and key employment nodes throughout Prince George’s County and the District, providing an attractive residential location for workforce and commuter households. Given current zoning, market fundamentals, and entitlement considerations, by-right multifamily development represents the highest and best use of the site, maximizing land value while minimizing development risk.