Single Tenant
Multi-Tenant Development Opportunity
5302 Sheriff Rd, Capitol Heights, MD 20743
Listing Price: $1,150,000
Investment Overview
Marcus & Millichap is pleased to present for sale a prime 1.81-acre development opportunity located at 5302 & 5326 Sheriff Rd, Capitol Heights, MD. Benefiting from flexible CGO zoning without a strict FAR cap, this assemblage is uniquely positioned for a bifurcated development program.
Under the proposed primary strategy, the westernmost lot (Pad A) offers the ideal footprint and visibility for a dedicated QSR drive-thru pad, while the adjacent, larger lots (1.48 acres, Pad B) provide an expansive canvas for a multi-story medical center. This configuration yields an estimated 75,000 to 85,000 GSF with surface parking, with the potential to substantially exceed 120,000 GSF if structured parking is utilized.
Alternatively, the site’s highly adaptable zoning accommodates an interchangeable development strategy. Investors have the option to execute a Low-Income Housing Tax Credit (LIHTC) or traditional multifamily concept on the larger parcel (Pad B), complemented by either a QSR or a dedicated parking concept on the
westernmost lot (Pad A).
Once developed, the property is positioned to deliver stable, passive income with strong equity upside. Targeting national QSR and medical tenant’s enables investors to secure high-value, recession-resistant triple-net (NNN) leases with minimal landlord responsibilities. The property’s prime, transit-oriented development location adds a significant strategic advantage, positioning the asset within a corridor poised for continued growth, increased foot traffic, and enhanced connectivity. Overall, this site represents a balanced investment combining immediate development flexibility with long-term appreciation potential, making it well-suited for investors looking to secure a durable, strategic asset within the highly desirable Washington D.C. metropolitan area.
Multi-Tenant Development Opportunity
Investment Highlights
- Flexible CGO Zoning: 1.81-acre transit-oriented assemblage with no strict FAR cap, allowing for maximum density and creative site planning.
- "Bifurcated" Development Strategy: Ideal layout to separate a 0.33-acre high-visibility QSR corner pad from a 1.48-acre mid-rise medical or multifamily development.
- Recession-Resistant NNN Potential: Ground-up development opportunity designed to secure long-term, passive income from high-value retail and healthcare tenants.
- High-Need Medical or LIHTC Demand: Located in a primary care shortage area with massive patient demand, plus the ability to utilize MD HB 538 to bypass local height caps for affordable housing density.
- Strategic D.C. Metro Access: High-growth Capitol Heights corridor on the W4 Metrobus line (qualifying for a 50% parking reduction) with strong appreciation upside just minutes from D.C.
Exclusively Listed By
Listing Price: $1,150,000
Investment Highlights
- Flexible CGO Zoning: 1.81-acre transit-oriented assemblage with no strict FAR cap, allowing for maximum density and creative site planning.
- "Bifurcated" Development Strategy: Ideal layout to separate a 0.33-acre high-visibility QSR corner pad from a 1.48-acre mid-rise medical or multifamily development.
- Recession-Resistant NNN Potential: Ground-up development opportunity designed to secure long-term, passive income from high-value retail and healthcare tenants.
- High-Need Medical or LIHTC Demand: Located in a primary care shortage area with massive patient demand, plus the ability to utilize MD HB 538 to bypass local height caps for affordable housing density.
- Strategic D.C. Metro Access: High-growth Capitol Heights corridor on the W4 Metrobus line (qualifying for a 50% parking reduction) with strong appreciation upside just minutes from D.C.
Investment Overview
Marcus & Millichap is pleased to present for sale a prime 1.81-acre development opportunity located at 5302 & 5326 Sheriff Rd, Capitol Heights, MD. Benefiting from flexible CGO zoning without a strict FAR cap, this assemblage is uniquely positioned for a bifurcated development program. Under the proposed primary strategy, the westernmost lot (Pad A) offers the ideal footprint and visibility for a dedicated QSR drive-thru pad, while the adjacent, larger lots (1.48 acres, Pad B) provide an expansive canvas for a multi-story medical center. This configuration yields an estimated 75,000 to 85,000 GSF with surface parking, with the potential to substantially exceed 120,000 GSF if structured parking is utilized. Alternatively, the site’s highly adaptable zoning accommodates an interchangeable development strategy. Investors have the option to execute a Low-Income Housing Tax Credit (LIHTC) or traditional multifamily concept on the larger parcel (Pad B), complemented by either a QSR or a dedicated parking concept on the westernmost lot (Pad A). Once developed, the property is positioned to deliver stable, passive income with strong equity upside. Targeting national QSR and medical tenant’s enables investors to secure high-value, recession-resistant triple-net (NNN) leases with minimal landlord responsibilities. The property’s prime, transit-oriented development location adds a significant strategic advantage, positioning the asset within a corridor poised for continued growth, increased foot traffic, and enhanced connectivity. Overall, this site represents a balanced investment combining immediate development flexibility with long-term appreciation potential, making it well-suited for investors looking to secure a durable, strategic asset within the highly desirable Washington D.C. metropolitan area.
Exclusively Listed By
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