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Horsehead Road

GREAT MILLS, MD 20634
  • $695,000
  • STATUS: Active
  • ON SITE: 140 Days
  • ID#: MDSM2000726
UPDATED: 161 min ago
$695,000
  • 0
    BEDS
  • 7.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:

School Ratings & Info

Description

Amazing opportunity to develop over 7 acres off Chancelor's Run Road! This purchase includes lots 6, 8, 9, 10, 12, 13 and 14 Horsehead Rd (all separate tax ID's).This property is zoned MXL (mixed low density) and can be used for commercial development, a residential subdivision, or a combination of both. Per seller, land is already county approved for 1-20 units per acre, and 37 units can be constructed on the property without TDR's. An affordable housing project could double the density . The county has this property in an opportunity zone which could offer great tax benefits. Per seller, county is willing to help with Metcomm cost and other fee's to help develop this area being that it is the only opportunity zone in the county. The attached plan is a concept plan showing 28 units but the right investor could go bigger, with perhaps an apartment building or condo units to maximize the use of density opportunities. Call with any questions!

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-01T23:50:08.897.
www.locomusings.com/homes/119317919
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Horsehead Road GREAT MILLS, MD 20634

  • Price: $695,000
  • Status: Active
  • On Site: 140 Days
  • Updated: 161 min ago
  • ID#: MDSM2000726
0
Beds
0
Baths
0
½ Baths
7.25
Acres
County:
Saint Marys
School District:
St. Mary's County Public Schools
Property Description
Amazing opportunity to develop over 7 acres off Chancelor's Run Road! This purchase includes lots 6, 8, 9, 10, 12, 13 and 14 Horsehead Rd (all separate tax ID's).This property is zoned MXL (mixed low density) and can be used for commercial development, a residential subdivision, or a combination of both. Per seller, land is already county approved for 1-20 units per acre, and 37 units can be constructed on the property without TDR's. An affordable housing project could double the density . The county has this property in an opportunity zone which could offer great tax benefits. Per seller, county is willing to help with Metcomm cost and other fee's to help develop this area being that it is the only opportunity zone in the county. The attached plan is a concept plan showing 28 units but the right investor could go bigger, with perhaps an apartment building or condo units to maximize the use of density opportunities. Call with any questions!
Exterior Features

Construction Materials Other Garage YN No Lot Features Partly WoodedRoad FrontageSubdivision Possible Parking Types None Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling None Heating None Net Square Feet 0.00

Property Features

Accessibility Features None Assessment Year 2021 Association YN No Business Type Apartment BuildingOther/General RetailOther Central Air YN No Cooling Fuel None Heating Fuel None Hot Water None Lease Considered YN No Navigable Water YN N New Construction YN No Original MLSNumber 800857020660 Ownership Interest Fee Simple Possession Settlement Property Sub Type Land For Commercial Use Sale Type Standard Section 1 Sewer Public Hook/Up Avail Tax Annual Amount 726.00 Tax Assessment Amount 63100.00 Tax Lot 6 Vacation Rental YN No Water Source Public Hook-Up Available Zoning Rmx

Listing courtesy of Exp Realty, Llc.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-01T23:50:08.897.
 
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540 Fort Evans Road Suite 303
Leesburg VA, 20176