11201 Springfield Rd - Residential LAND FOR SALE


Laurel, MD 20708- South Laurel152,055 SF
$995,000 USD
202-318-6800
11201 Springfield Rd, Laurel, MD for Sale
$995,000 USD
Residential LAND - FOR SALE
1/1
152,055 SF

11201 Springfield Rd
Laurel, MD 20708
South Laurel


HIGHLIGHTS

  • • 3.49-Acre Development Site for up to 23 Single-Family Homes with 6,500-SF Minimum Lot Size
  • • Competitive Land Basis at $43,261/Buildable Lot |Attractive Basis Versus Other Local Submarkets
  • • By-Right Zoning Provides More Certainty During the Entitlement Process
  • • Recent New-Construction SFH Outsales Demonstrate Project Viability & Illustrate Strong Market Demand
  • • Within 10 Minutes of Baltimore-Washington Parkway, I-95/I-495, & Major Retail Centers

OVERVIEW

Feldman Ruel is pleased to offer for sale 11201 Springfield Road, which is a single-family home development opportunity in the high-demand Laurel submarket of Prince George’s County, Maryland. Spanning 3.49 acres (152,024 square feet) of flat, favorably shaped land with RSF-65 zoning, the subject property offers immediate potential for by-right development of up to 23 single-family detached homes. This manageable project scale is ideal for home builders and regional developers seeking lower entry costs and minimal entitlement risk. The by-right zoning significantly reduces regulatory hurdles, accelerating the development timeline and mitigating approval uncertainty. With a land basis of $43,260.87 per buildable lot (assuming 23 single-family homes), 11201 Springfield Road is competitively priced relative to higher-density or urban infill sites, while still offering access to robust market fundamentals. Located on the Prince George’s side of Laurel, the subject property benefits from strong demand drivers, including proximity to major transportation corridors, established infrastructure, and a growing need for single-family housing. The surrounding area has demonstrated consistent absorption, offering a low-risk path to project delivery and exit.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/ACRE

$285,045/AC

PRICE/SF

$7 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Single Family Development

LAND ACRES

3.49 AC

LAND SF

152,054 SF

OFFSITE IMPROVEMENTS

-

ZONING

RSF-65

APN/PARCEL ID

10-1089986

ASK ABOUT THIS PROPERTY

LaMarr DatcherFeldman RuelMore Info
202-318-6800

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LaMarr DatcherFeldman RuelMore Info
202-318-6800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.