DC MSA Multifamily Redevelopment Site | Dual Access

$200,000 Starting Bid

Auctioneer: Lynne Zink

Auctioneer Company: c/o Fisher Auction Company Inc.

Auctioneer License: 378

Brokered by The Mazzotta Group and powered by RealINSIGHT Marketplace, 7400 & 7402 Central Ave is a 1.2-acre residential redevelopment site in Capitol Heights, Maryland, zoned RMF-20 for high-density residential and multifamily development. The property is offered vacant and as-is, improved with approximately 1,519 SF of existing vacant residential space, and is served by public water and sewer. The site fronts Central Avenue (Route 214), which carries approximately 53,865 vehicles per day, and offers dual access from both Central Avenue and Hill Road. Its location 2.1 miles from the Washington, DC line and 1.7 miles from the Capital Beltway (I-495) places it within reach of the region's employment base, with the Morgan Boulevard Metro Station on the Blue Line nearby. More than 330,000 residents live within five miles, where average household income is $105,202 and households are projected to grow from 133,221 to 136,034 by 2030. With zoning already in place for multifamily use, the offering gives developers and investors a path to pursue residential redevelopment in a well-connected Prince George's County submarket.

RMF-20 Zoning for High-Density Multifamily

Existing zoning permits high-density residential and multifamily development on the 1.2-acre site.

Central Avenue Frontage With 53,865 VPD

Route 214 frontage along a heavily traveled corridor provides visibility for future residential use.

Dual Access From Central Ave and Hill Road

Two points of ingress and egress support site circulation and flexibility in redevelopment layout.

Vacant Delivery With Public Utilities

Offered vacant and as-is with public water and sewer available and 1,519 SF of existing space.

2.1 Miles to DC Line, 1.7 Miles to I-495

Positioned for DC-area commuters with Capital Beltway access and Morgan Boulevard Metro nearby.

330,500 Residents Within a 5-Mile Radius

Five-mile households project to 136,034 by 2030, with average household income of $105,202.