Ernest Scott

315 Rollins Avenue

Capitol Heights, MD
$ 300,000 Beds 1 Baths 1 Sq 1,096
Monthly Estimate* How much can I afford?

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 1618 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 1618 townhouse residences of approximately 1,600 SF each, configured as multi-level homes with an estimated 800900 SF ground-level building footprint per residence. At 18 residences, the estimated combined residential building footprint would therefore be approximately: 18 800900 SF = 14,40016,200 SF Against approximately 1.9 acres, or roughly 83,000 SF of land, that represents only approximately 1720% 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.

ACTIVE

  • Price
  • $ 300,000
  • City
  • Capitol Heights
  • Bedrooms
  • 1
  • Full Bathrooms
  • 1
  • County
  • PRINCE GEORGES
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.64 Acres
  • Zip
  • 20743
  • Sqr Footage
  • 1,096
  • Year Built
  • 1924
  • Taxes
  • $ 3968
  • Style
  • MLS#
  • MDPG2217222
Listed By: Reginald Alphonso Stuart II with Weichert, REALTORS - 2023261300;
Data Source: Bright MLS

Features

General

Living Area 1096
Sewer Public Sewer
Heating None
Cooling None
Possession Settlement
Zoning RSFA
Architectural Style Other
Construction Materials Frame
School District Prince George's County Public Schools
Exclusions 315 Rollins is being sold as is along with 401 & 403 Rollins Avenue. All three will be transferred to a single buyer.
Year Built 1924
Levels 2
Tax Year 2026
Ownership Fee Simple
Cool Fuel None
Accessibility None
Additional Parcels Description Similar size. Next two lots on Rollins Avenue,P49 and P50.
County PRINCE GEORGES
New Construction No
Property Type Residential
HOA No
Subdivision Name FOREST HGTS 18
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Full Baths 1
Status ACTIVE
Directions 10 minute walk from Addison Road Metro.
City CAPITOL HEIGHTS
Disclosures Build to Suit
Senior Community Y/N No
Lot Size Units Square Feet
Lot Size Square Feet 27720.00
Tax Assessed Value 302100.0
Tax Annual Amount 3968.0
Home Warranty Y/N No
Property Condition Below Average
Structure Type Detached
Condo/Coop Association fee Y/N No
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 273.72
Acceptable Financing Cash
Additional Parcels Y/N Yes
Historic Y/N No
Lease Considered Y/N No
Vacation Rental Y/N No
Total SQFT 1912
Standard Status Active
Year Built Source Assessor

Interior Features

Heating Fuel None
Basement Unfinished
Hot Water None
Basement (Y/N) Yes
Above Grade Finished Area 1096
Central Air Y/N No
Total Bedrooms 1
Main Level Bedrooms 1
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Below Grade Unfin Area Units Square Feet
Below Grade Unfin SQFT 816
Below Grade Unfin SQFT Source Assessor
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 1

Exterior Features

Pool No Pool
Lot Features Partly Wooded,Road Frontage
Water Source Public
Inclusions 315 Rollins is being sold as is along with 401 & 403 Rollins Avenue. All three will be transferred to a single buyer.
Type of Parking Driveway
Foundation Details Permanent
Water View Y/N No
Lot Dimensions Rectangular. Roughly 257 x 310 aggregate for the three lots.
Lot Size Acres 0.64
Road Surface Type Paved
Road Frontage Length 257
Lot Size Source Assessor
Waterfront Y/N No
Road Responsibility City/County
Land Assessed Value 94700.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Estimated

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Owings Mills, MD office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/28/2026 Listed $300,000

Property vs Zip Code Average in 20743

Price
AVG $380K
$300K
Taxes
AVG $7,972
$3,968
Year Built
AVG 1947
1924

In The Neighborhood

Areas That We Cover

315 Rollins Avenue Capitol Heights, MD is a Single Family Home for sale at $300000 with 1096 sqft and a lot size of 0.64 Acres Acre(s). 315 Rollins Avenue Capitol Heights has 1 bedrooms, 1 baths and was built in 1924. The property's zip code is 20743 which is in Capitol Heights, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Ernest Scott

Ernest Scott

443-769-0499

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