Transwestern’s Mid-Atlantic Multifamily Group, as exclusive agent, is pleased to offer an opportunity to acquire the Rosecroft Raceway Development Site (the “Property or Site”), a 124 +/- acre site located just outside the I-495/I-95 Capital Beltway in Fort Washington, Maryland and provides convenient access the nearby Northern Virginia and downtown Washington, DC employment centers.
As one of the largest single tracts of land near the Capital Beltway in the Washington Metro region, the location provides accessibility to National Harbor, Woodrow Wilson Bridge, Interstate 295, Alexandria, as well as employment centers in Northern Virginia, and downtown Washington, DC. The Rosecroft Raceway Development Site is currently zoned RR (Residential Rural) and is expected that through the
R-PD (Residential-Planned Development) process to provide a minimum residential density of 3 to 4 units per acre which could potentially include a mix of single-family, townhomes, multifamily, and neighborhood commercial.