10701 Lanham Severn RdLanham, MD 20706

For Sale
$695,000

Prime 31K sq ft lot, CS zoning.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 31,738 square foot commercial land parcel, located at 10701 Lanham Severn Road in Lanham, Maryland (zip code 20706), presents a compelling investment opportunity. Situated in Prince George's County, this property is zoned CS, offering a wide range of potential uses, including flex space, manufacturing facilities, supplier operations, and contractor businesses. Currently, the property includes a building occupied until December 31, 2024, providing immediate rental income. Adding to the investment potential, a separate parcel at the rear of the property is leased for parking and storage, generating a monthly income of $1,350. The asking price for this prime commercial land is $695,000. This property's versatile zoning and existing income streams make it an attractive prospect for savvy investors seeking a strong return on investment in a desirable location. The property's strategic location in Lanham, MD offers easy access to major transportation routes, further enhancing its appeal. This is a rare opportunity to acquire a substantial commercial land parcel with significant upside potential.

Highlights

  • $695,000 asking price for a commercial land parcel.
  • 31,738 square foot lot located in Lanham, Maryland.
  • CS zoning designation.
  • Located at 10701 Lanham Severn Rd, Lanham, MD 20706.
  • Prime investment opportunity suitable for flex, manufacturing, supplier, or contractor use.
  • Currently leased until December 31, 2024, with additional parking/storage leased for $1350/month.

Location Insight

City
Lanham
County
Prince George's
State
Maryland
Latitude
38.985126858213
Longitude
-76.823159482308
10701 Lanham Severn Rd, Lanham, Maryland

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10701 Lanham Severn Rd
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