315 Rollins Ave, Capitol Heights, MD 20743
Local realty services provided by:Pagoda Realty ERA Powered
315 Rollins Ave,Capitol Heights, MD 20743
$300,000
- 1 Beds
- 1 Baths
- 1,096 sq. ft.
- Single family
- Active
Listed by: reginald alphonso stuart ii
Office: weichert, realtors
MLS#:MDPG2217222
Source:BRIGHTMLS
Price summary
- Price:$300,000
- Price per sq. ft.:$273.72
About this home
Three contiguous residential parcels on Rollins Avenue are being offered together as a development assemblage, creating an unusual infill opportunity minutes from recently completed townhouse development.
The combined Rollins Avenue property contains approximately 1.9 acres and appears well suited for investigation as a townhouse development site. Based on preliminary site analysis, a working concept of approximately 16–18 townhouse residences appears reasonable, subject to engineering, subdivision, zoning, utility, environmental and governmental approvals. Higher-density configurations may be possible and should be independently investigated by prospective developers.
The assemblage combines 315, 401 and 403 Rollins Avenue, three contiguous parcels with substantial frontage along Rollins Avenue. Taken together, the properties provide considerably greater development flexibility than the parcels would provide individually.
The surrounding market already demonstrates demand for housing approximately the size contemplated here. Recent nearby townhouse sales identified in our preliminary market work include approximately $410,000 for 1,520 SF, $421,000 for 1,536 SF, $449,999 for 1,520 SF, and $450,000 for 1,672 SF.
Against those comparables, a working assumption of approximately $435,000 for a newly constructed 1,600-SF residence provides a reasonable starting point for developer underwriting rather than relying upon an unusually aggressive retail price.
At an illustrative 18 units:
18 × $435,000 = $7,830,000 potential gross sellout
An indicative $950,000 acquisition price represents approximately 11.5% of projected gross sellout, or approximately $50,000 in land acquisition cost per potential dwelling unit.
Our working concept assumes approximately 16–18 townhouse residences of approximately 1,600 SF each, configured as multi-level homes with an estimated 800–900 SF ground-level building footprint per residence.
At 18 residences, the estimated combined residential building footprint would therefore be approximately:
18 × 800–900 SF = 14,400–16,200 SF
Against approximately 1.9 acres, or roughly 83,000 SF of land, that represents only approximately 17–20% preliminary building coverage.
The remaining land would be available for the considerably larger site-planning requirements associated with development: internal circulation, approximately 2.3 parking spaces per dwelling, visitor parking, sidewalks, setbacks, stormwater management, utilities, landscaping and common/open areas.
This is deliberately a moderate-density working concept rather than an attempt to maximize theoretical unit count. A developer's civil engineer and land planner may identify a more efficient configuration.
$950,000 — Three Rollins Avenue Parcels Sold as One Assemblage
The owner's objective is straightforward: offer a developer control of three contiguous Rollins Avenue properties in a single transaction, rather than marketing the properties independently.
The opportunity is the combination of contiguous ownership, substantial Rollins Avenue frontage, RSF-A zoning, nearby evidence of $400,000+ townhouse values, and sufficient acreage to investigate a meaningful infill residential development.
Offered as an assemblage. Developer due diligence required. All proposed unit counts, layouts, values, building footprints and development concepts are preliminary and subject to independent verification and applicable zoning, subdivision, engineering, environmental, utility and governmental approvals....
Contact an agent
Home facts
- Year built:1924
- Subdivision & Development:FOREST HGTS 18
- Listing ID #:MDPG2217222
- Added:8 day(s) ago
- Updated:September 06, 2026 at 01:49 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Basement:Yes
- Basement Description:Unfinished
- Living area:1,096 sq. ft.
Structure and exterior
- Year built:1924
- Building area:1,096 sq. ft.
- Lot area:0.64 Acres
- Lot Features:Partly Wooded, Road Frontage
- Construction Materials:Frame
- Foundation Description:Permanent
- Levels:2 Stories
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$300,000
- Price per sq. ft.:$273.72
- Tax amount:$3,968 (2026)
New listings near 315 Rollins Ave
- Coming Soon
$369,900Coming Soon3 beds 2 baths1,688 sq. ft.1305 Nome St, CAPITOL HEIGHTS, MD 20743
MLS# MDPG2217246Listed by: BRIAN LOGAN REAL ESTATE - Coming Soon
$549,900Coming Soon4 beds 3 baths2,240 sq. ft.1122 1122 Brooke Road, CAPITOL HEIGHTS, MD 20743
MLS# MDPG2217948Listed by: KELLER WILLIAMS PREFERRED PROPERTIES - Coming Soon
$320,000Coming Soon3 beds 2 baths1,432 sq. ft.4800 Deanwood Dr, CAPITOL HEIGHTS, MD 20743
MLS# MDPG2216778Listed by: SAMSON PROPERTIES - Coming Soon
$239,999Coming Soon2 beds 1 baths1,281 sq. ft.1706 Brooksquare Dr #6, CAPITOL HEIGHTS, MD 20743
MLS# MDPG2217680Listed by: REDFIN CORP - Coming Soon
$380,000Coming Soon4 beds 2 baths900 sq. ft.1319 Nome St, CAPITOL HEIGHTS, MD 20743
MLS# MDPG2217456Listed by: REALTY ADVANTAGE OF MARYLAND LLC - Coming Soon
$399,900Coming Soon4 beds 2 baths1,437 sq. ft.819 Balsamtree Dr, CAPITOL HEIGHTS, MD 20743
MLS# MDPG2196420Listed by: KELLER WILLIAMS SELECT REALTORS OF ANNAPOLIS - New
$393,000Active8 beds 5 baths2,060 sq. ft.Address Withheld By Seller, CAPITOL HEIGHTS, MD 20743
MLS# MDPG2218364Listed by: FIRST DECISION REALTY LLC - New
$89,000Active0.25 Acres5211 Marlboro Pike, CAPITOL HEIGHTS, MD 20743
MLS# MDPG2218362Listed by: ENGEL & VOLKERS WASHINGTON, DC - New
$375,000Active3 beds 2 baths1,365 sq. ft.1911 Houston St, CAPITOL HEIGHTS, MD 20743
MLS# MDPG2218172Listed by: KELLER WILLIAMS REALTY - New
$389,000Active4 beds 3 baths1,796 sq. ft.620 Suffolk Ave, CAPITOL HEIGHTS, MD 20743
MLS# MDPG2217850Listed by: SAMSON PROPERTIES
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
© 2023 - 2026 ERA Franchise Systems LLC. All rights reserved. ERA Franchise Systems LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. ERA, ERA Real Estate powered, and their respective logos are registered service marks of ERA Franchise Systems LLC. Each office is independently owned and operated.