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3901 Calverton BlvdCalverton, MD 20705
Calverton Corporate Center
Asset ClassOffice, Multifamily, Retail
overview of deal

Overview

KLNB Capital Markets is pleased to present 3901 Calverton Boulevard, a 123,319-square-foot office property strategically located within the Baltimore-Washington Corridor. Currently 48% leased, this property offers significant upside potential through lease-up or a full tenant vacate for redevelopment.

 

Situated on 7.64 acres of CGO-zoned land, the site allows high-density residential and retail uses, ideal for a mixed-use transformation. The expansive parking area offers additional value creation, supporting a freestanding retail structure in either scenario.

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Investment Highlights

Retail Development

  • 3901 Calverton was developed with an abundance of parking that exceeds County requirements. Additional density can be added to the site, under the existing CGO zoning. In conjunction with KLNB Retail Leasing, we have developed multiple scenarios that enhance the density on the site, without the need for variances or rezoning.

 

Townhouse Redevelopment

  • 3901 Calverton is situated in an ideal residential location, with convenient access to Washington DC, the FDA, NASA Goddard, Fort Meade, and multiple international airports.

 

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3901 Calverton BlvdCalverton, MD 20705
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Listing provided by Revere CRE