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5801 Cleveland Ave
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5801 Cleveland Ave
146 Unit Block of Flats For Sale Riverdale Park, MD 20737
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INVESTMENT HIGHLIGHTS
- Shovel-Ready Development: +186,000 buildable SF mixed use project in the Hyattsville Arts District, across from DeMatha Catholic in Riverdale Park
- The Property sits at the corner of Madison St and Rt 1 (Baltimore Ave), allowing a setback with signalized access
- The unit mix consists of 41 studios, 79 one bedrooms, 26 two bedrooms, and 2,762 SF of retail
- With site plan approval in hand, the offering presents developers with the opportunity to deliver 146 units into a growing submarket
EXECUTIVE SUMMARY
Mixed-Use/Re-Development
PROPERTY FACTS
Sale Type | Investment | Lot Size | 0.96 AC |
No. Units | 146 | Construction Status | Proposed |
Property Type | Multifamily | Building Size | 186,000 SF |
Property Subtype | Apartment | Number of Floors | 5 |
Building Class | B | Parking Ratio | 0.77/1,000 SF |
Sale Type | Investment |
No. Units | 146 |
Property Type | Multifamily |
Property Subtype | Apartment |
Building Class | B |
Lot Size | 0.96 AC |
Construction Status | Proposed |
Building Size | 186,000 SF |
Number of Floors | 5 |
Parking Ratio | 0.77/1,000 SF |
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Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
Parcel Number | 19-2165769 | Improvements Assessment | £765,787 |
Land Assessment | £407,826 | Total Assessment | £1,173,612 |
PROPERTY TAXES
Parcel Number
19-2165769
Land Assessment
£407,826
Improvements Assessment
£765,787
Total Assessment
£1,173,612
ZONING
Zoning Code | LMUTC |
LMUTC |
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5801 Cleveland Ave
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