Colliers, as the exclusive advisor to the United States General Services Administration (GSA) in this transaction, is pleased to present the opportunity to purchase 4700 River Road, a vacant six-story, 337,500-square-foot office building situated on 12.48-acres in Riverdale (College Park), Maryland. This unique offering represents a rare opportunity to acquire significant scale in a premier, transit-oriented location steps from the University of Maryland.
Highlights:
Strategic Location: Directly adjacent to the University of Maryland’s flagship campus and within a premier innovation ecosystem anchored by federal agencies, Fortune 500 companies, and leading research institutions.
Exceptional Transit Access: Across from a future Purple Line station and a short walk to the College Park Metro (Green Line & MARC Rail), offering direct connectivity to Washington, D.C. and Baltimore.
Compelling Existing Asset: Modern office facility featuring large, efficient floor plates, a full-service cafeteria, an on-site childcare center and ample parking.
Significant Redevelopment Potential: Zoned RTO-L(e), the 12.48-acre site supports development of up to 750 residential units, addressing strong demand for housing near UMD.
Thriving Submarket: Situated within the 150-acre Discovery District, home to over 60 organizations and 6,500+ employees, and benefiting from growth driven by a 40,000+ student university system.
Offer Guidelines:
- All offers are required to be structured as all-cash and non-contingent, with a non-refundable deposit in accordance with the Purchase and Sale Agreement.
- A draft of the Purchase and Sale Agreement is available for review in the deal room.
- Tours will be conducted by appointment only.
Please reach out to Dan.Gaffey@colliers.com for more information and to receive link to Offering Memorandum and deal room.