CPG Realty, LLC (“CPG”) as exclusive representative to the Seller, is pleased to present 11771 Beltsville Drive (the "Property") in Beltsville, MD. The undeveloped and unentitled 4.58 acre infill property is ripe for development. The property is located on Beltsville Drive (24,000 VPD) adjacent to the Calverton Shopping Center and with good visibility from I-95 (200,000 VPD). The Property is next to the high-rise Calverton Tower and Calverton Shopping Center is undergoing renovations and offers
numerous shopping amenities including a grocery anchor that is coming soon, CVS, and several other quality retail and dining options.
The vacant Property is zoned CGO—Commercial, General and Office— which allows for a wide variety of by-right uses. The CGO zoning allows for a mixture of retail, commercial and residential uses that would be well suited for the Property. The Prince George’s County approval process for a by-right development should take approximately 12 to 16 months for
Site Plan approval.
Beltsville is located in the I-95 Corridor of Prince George’s County which encounters a lot of commuters and it is an area where the County would like to see growth. 11771 Beltsville Drive provides an opportunity for an investor or developer to purchase a property at a great location with high visibility.