Description du portfolio
Jones Lang LaSalle, a Maryland licensed real estate broker (“JLL”), is pleased to offer for sale or joint venture a prime 14.73 Acre infill development opportunity (the “Property”) in Nottingham, Maryland. The Property is located on Rossville Blvd (17,000 VPD) in a highly visible location adjacent to Belair Road (44,000 VPD), I-95, and I-695 (Baltimore Beltway). The Property’s highly desirable location offers incredible access to the Baltimore and Washington, DC metropolitan areas and 45 million people within one days travel.
A majority of the parcel is zoned BR (Business Roadside) with a small portion in the sites rear zoned MLR (Manufacturing, Light, Restricted) offering a wide array of potential commercial, retail or multifamily uses. The highly visible location adjacent to the interchange of I-95 and I-695 could make this location a strong candidate for retail development. The Property offers investors an unparalleled opportunity to acquire strategically located land and the flexibility to develop a variety of different uses.
Points clés d'investissement
- 14.73-acre land parcel currently zoned BR and MLR
- Less than one mile from a full interchange on Baltimore’s Beltway (I-695)
- Opportunity to develop differentiating product in a submarket with retail occupancy above 95%, and no active construction pipeline
- Sought-after location with superior transportation access to I-695 (Baltimore Beltway), Route 1, and I-95
- Average Household Income above $105,000 within a three-mile radius
- Excellent visibility from heavily trafficked Rossville Blvd (17,000 VPD) and Belair Rd (44,000 VPD)
- Broad BR zoning permitting many commercial uses
- Site has been cleared and rough graded with significant Storm Water Management infrastructure installed
Caractéristiques de l'actif
Contacter l'équipe
