Unpriced
Development Opportunity adjacent Purple Line Station
Details
Property Type Land
Sub Type Commercial
Broker Co-Op Yes
Acreage 1.830
Zoning CRT-2.5 C-0.5 R-2.5 H-85
Sale Condition For sale by owner
Transit-Oriented Development Site Adjacent to Future Purple Line Station
Marketing description
Transit-Oriented Development Site Adjacent to Future Purple Line Station
Rare transit-oriented development opportunity adjacent to the future Piney Branch Purple Line Station in Silver Spring, Maryland.
The offering consists of a five-parcel assemblage totaling approximately 79,786 square feet (1.83 acres) located at the signalized intersection of University Boulevard East and Piney Branch Road.
The property is currently leased to the Maryland Transit Administration and is being used as a staging area for Purple Line construction. The lease expires in early 2027, at which time the site will be delivered vacant.
Zoning: CRT-2.5 C-0.5 R-2.5 H-85
Maximum Height: 85 feet
Maximum FAR: 2.5
Based on preliminary planning assumptions, the site may support approximately 190–225 residential units as a multifamily or mixed-use transit-oriented development.
The Purple Line will connect Bethesda, Silver Spring, the University of Maryland, and New Carrollton, positioning the property within one of the region’s most significant new transit corridors.
Pricing: Offers Invited
Investment highlights
• Signalized hard-corner development site (at University Blvd E. & Piney Branch Road)
• 5-parcel assemblage - 79,786 SF / 1.831 acres
• Adjacent Piney Branch Station - Maryland Purple Line
• Purple Line light rail scheduled to begin service in 2027
• Zoning: CRT-2.5 C-0.5 R-2.5 H-85
• Maximum Building Height 85 feet
• Maximum FAR 2.5
• Conceptual yield: ~190–225 units
• Delivered vacant in early 2027
Listing Contacts
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