Landover Metro TOD Site
TOD Multifamily / Retail Development Site
Marketing description
BridgeWater Real Estate Brokerage is pleased to exclusively present a 2.37-acre Transit-Oriented Development site at 7001 Old Landover Road in Landover, MD. This exceptional development site is located at the prominent signalized intersection entrance to Old Landover Road from Route 202 (Landover Road), less than a quarter mile from the Landover Metro Station.
The property features LTO-E (Local Transit-Oriented - Edge) zoning, designed to accommodate moderate-intensity, vibrant, mixed-use or dense residential centers with a Reduced Required Parking Advantage. The site currently generates active commercial value via income-generating billboard leases already in place ($30k+ Annual Rent + 25% of Tenant's Advertisement Revenue) under a 10-year lease ending in January 2028 with options to renew.
Landover Metrorail Station serves as a vital transit anchor within the WMATA network, offering a distinct edge for real estate positioning in Prince George's County. The station is directly served by both the Orange and Silver Lines, providing seamless, direct access across the DMV region. Positioned just one stop from the New Carrollton intermodal hub, it acts as a rapid launchpad for commuters heading into downtown Washington, D.C., and westward toward Northern Virginia—including direct routes to Ronald Reagan Washington National Airport and Washington Dulles International Airport.
Investment highlights
- Located at the prominent signalized intersection entrance to Old Landover Road from Route 202 (Landover Road) with 50k+ daily trips
- less than a quarter mile (easy flat walk) from the Landover Metro Station
- LTO-E (Local Transit-Oriented - Edge) zoning
- designed to accommodate moderate-intensity, vibrant, mixed-use or dense residential centers
- Reduced Required Parking Advantage
- Active commercial value via income-generating billboard leases already in place ($30k Annual Rent + 25% of Tenant's Advertisement Revenue)
- It is a 10-year lease ending in January 2028 with options to renew
- In addition, the property can host Park and ride facility, Parking facility, and Parking of Commercial Vehicles, stimulatingly with the in-place billboard lease
- Accommodates an attractive and high density for mixed use and residential development
- It provides developers with the ideal framework to build high-quality, transit-supportive neighborhoods that blend seamlessly into the local fabric while remaining deeply connected to the regional transportation network
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