301-364-9785
4700 River Rd, Riverdale, MD for Sale
Office - FOR SALE
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4700 River Rd
Riverdale, MD 20737
Riverdale Park


HIGHLIGHTS

  • 4700 River Road: 337,500-square-foot vacant office owned by the GSA with efficient floor plates, childcare facilities, a cafeteria, and ample parking.
  • Strategic Location: Adjacent to the University of Maryland’s main campus and near federal agencies, Fortune 500 companies, and research institutions.
  • Exceptional Transit Access: Across from a future Purple Line station and a short walk to the College Park Metro, offering links to DC and Baltimore.
  • Significant Redevelopment Potential: Zoned RTO-L(e), the 12.48-acre site supports development of up to 750 residential units.
  • Thriving Submarket: Situated within the 150-acre Discovery District, a research-driven park with 60+ companies and organizations.
  • Please reach out to Dan.Gaffey@colliers.com for more information and to receive a link to the offering memorandum and deal room.

OVERVIEW

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. The Center at Riverside, located at 4700 River Road, is the premier offering to make a significant impact in this multifaceted submarket, boasting innate and locational attributes that are just as dynamic. It is equipped with compelling existing features, including large, efficient floor plates, a full-service cafeteria, and an on-site childcare center. There is also ample parking across the vast parcel, and its walkability to public transit makes it accessible for all users. 4700 River Road is situated across from an incoming Purple Line station, and the College Park Metro station has the Green Line and MARC Rail, providing connectivity to Washington, DC, and Baltimore. 4700 River Road is adjacent to the University of Maryland’s flagship campus, within the institution’s Discovery District, a community of university stakeholders, corporate partners, government researchers, entrepreneurs, and local residents. The Discovery District is a 150-acre park driven by the 40,000+ student university system that was established to foster research and industry partnerships between academic, public, and private institutions. Over 6,500 people are employed here by more than 60 companies and organizations, including Capital One, Adobe, Raytheon, the FDA, USDA, NOAA, Apex Accelerator, and university-affiliated startups. This mixed-use environment, paired with ideal zoning, also makes 4700 River Road an excellent choice for visionary developers. It is zoned RTO-L(e), allowing for up to 750 residential units, which is perfect for targeting the strong demand for housing near UMD.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Center at Riverside

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

B

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

777

LAND DETAILS

LAND ACRES

12.48 AC

LAND SF

543,629 SF

ZONING

RTO-L(e)

APN/PARCEL ID

19-2822633

ASK ABOUT THIS PROPERTY

Dan GaffeyColliersMore Info
301-364-9785

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Dan GaffeyColliersMore Info
301-364-9785

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