8401 Springfield Rd, Bowie, MD 20720

$1,079,000

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List Price
$1,079,000
Price Change
▼ $20,998 1779766058
Days on Market
132
Status
ACTIVE
MLS#
MDPG2195722
Lot Size (Acres)
5
County
Prince Georges
School District
Prince George's County Public Schools

Property Description

6 Acres for Sale in Bowie and Glenn Dale– Prime Subdivision Opportunity! Exceptional development opportunity in Bowie and Glenn Dale! This 6-acre corner lot parcel is in the process of being subdivided into approximately 10–13 half-acre lots, ideal for the construction of new single-family homes. With over 200 + feet of street frontage. Subdivision work is already underway, saving valuable time and upfront costs. Public utilities—including water, sewer, electricity, and gas—are available in the area, making this a highly desirable and development-ready site. Over 6 different new construction floor plans are already pre-approved with the county to be built. Recent comparable sales for new construction homes in Bowie exceed $1,000,000 per property, offering strong potential returns for builders and investors. The property currently includes an existing home, providing an opportunity for immediate rental income while development plans are finalized. Subdivision and engineering costs are included in the purchase price. For developers seeking a streamlined process, a qualified building contractor can also be provided for the construction of the new homes for $100 per sq feet to build leaving you with a great six figure profit per house. Ideal for developers, investors, or buy-and-hold strategies in a rapidly growing area.

Additional Information

Taxes
$2414
School District
Prince George's County Public Schools
Water
Public
Sewer
No Septic System

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Calculator source: Real Geeks

Listing courtesy of Taylor Properties. Contact: