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Brentwood MD Real Estate & Land for Sale

1 Properties Found

The median home value in Brentwood, MD is $384,000. This is higher than the county median home value of $340,000. The national median home value is $277,796. The average price of homes sold in Brentwood, MD is $384,000. Approximately 51% of Brentwood homes are owned, compared to 40% rented, while 9% are vacant. Brentwood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Brentwood real estate agent to arrange a tour today!
Learn more about Brentwood Real Estate.


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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDPG2000446
Type:
Land
Lot size:
0.67 Acres
Courtesy: Capital Realty Advisors
View additional info

Industrial-zoned property is both scarce and expensive in DC, but thereâs an affordable alternative just over the DC line at 4401 Rhode Island Ave. in Brentwood, MD. This 0.67 acre parcel is ready for an investor or end-user to build, using existing approved plans for an 18,000 SF three-story building. Get your permits in place and this development will be âshovel-ready.â Well positioned for DC-based users/investors seeking reduced costs as well as those further out seeking closer proximity to the city. The plans provide for approx. 10,000 SF on the first floor, 4,000 SF on the 2nd floor, with two office units and two residential units, and a 4,000 SF 3rd floor, with four residential units. The building was designed to allow tractor-trailer delivery, with ingress on the 41st St. side and egress onto Rhode Island Ave. Parking is one level underground with structured parking above, minimizing excavation costs. Additionally, approval was given for a cutout from the Rhode Island Ave. sidewalk for parking, which will count towards parking requirements. There will be two curb cuts onto Rhode Island Ave. All plans will convey and the current architect is available to work with new ownership to tweak the existing plan or work on a new concept altogether. Property comes with an existing income stream of $650 monthly for billboard rental, plus future income stream potential from six residential units and two commercial units planned for second and third floors. The asking price is based on existing approved plans, but it includes the potential to add 40-50 residential units, subject to verification by and approval of Prince Georges County. The architect designed the foundation and structure to support the increased building concept.

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