$2,150,000

Centrally located between Baltimore (25 miles), Annapolis (13 miles), and Washington, D.C. (15 miles), 3610 Elder Oaks Blvd offers easy access to Route 197, Route 301, and Route 50. This site is adjacent to the 348 unit Alvista Bowie apartment homes and Pin Oak Village, a 220 unit senior apartment complex. As Maryland’s 5th largest city, and the largest municipality in Prince George’s County, Bowie encompasses 20 square miles and has approximately 58,000 residents. With nearby major employers such as the National Security Agency (NSA), NASA, and Fort Meade, Bowie boasts a well educated and stable workforce. Elder Oaks provides quick access to nearby shopping and dining at the Bowie Town Center and Bowie Gateway Center, in addition to other area amenities such as the Bowie Health Center medical campus and the Bowie Baysox baseball stadium. Currently zoned C-O (Commercial Office), which permits uses of a predominantly non-retail commercial nature, such as business, professional/medical offices, or related administrative services. Permitted uses also include hotels or day care, subject to certain conditions. Under the pending Prince George’s County zoning ordinance update and subsequent countywide map amendment, this parcel is expected to be rezoned to “Commercial, General and Office (CGO)”. The purpose of this zone is to “provide land for a diverse range of business, civic, and mixed-use development, typically at or near major intersections where visibility and good access are important in a form that supports connections and a balance between automobile access and pedestrian friendliness. Additionally, the CGO zone seeks to “accommodate higher density residential uses as part of vertically or horizontally mixed-use development”. The proposed max densities under the CGO zone are 20 units/net acre or up to 48/acre for multifamily, artists’ residential studio, or live-work dwellings. Previously site plan approved with engineering completed for a 40,000 SF medical office building. Public utilities including water, sewer, and natural gas