KLNB Capital Markets is pleased to offer for sale a 6.38-acre vacant land parcel located on John Rodgers Boulevard in Upper Marlboro, MD (the “property”). Situated in the Marlboro Village neighborhood, the property is well-positioned for a variety of development scenarios. The site currently has Comprehensive Design Plan approval for a 206-unit multifamily development; however, both townhomes and two over twos are also allowable under the current zoning.

Given the range of uses allowed under the current zoning, we are encouraging both multifamily and townhome developers to evaluate this opportunity. Included in this offering memorandum are concept plans contemplating multiple development scenarios for each product type. Based on yield studies from our civil engineer, the site can support up to 66 townhomes or 114 two over twos. Additionally, the two multifamily concept plans shown herein – a 206-unit 5-story project and a 188-unit garden style project – would both be allowed under the current CDP.

This offering represents a rare chance to acquire a fully vacant, level development site of significant scale just outside the Capital Beltway. Given the region’s ongoing demand for townhomes and the scarcity of suitable multifamily development land, we believe this property is well-positioned for either product type.