Property Attributes
- MLS#MDAA2078858
- TypeLand
- CountyANNE ARUNDEL
- CityLaurel
- Zip20724
- StyleLand/Lot Only
- Taxes$ 10208
- Price$ 2,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size10 Acres
Data Source:
Bright MLS
Property Description
Nestled in Laurel, Maryland, this expansive 6.33-acre (estimated) Mixed Residential land holds immense promise as a prime investment opportunity. Zoned MXD-R (Mixed-Use Development-Residential) in Anne Arundel County, this property offers a canvas for a diverse range of mixed-use development projects. What sets it apart is its strategic adjacency to the Watershed development, a thriving project poised to transform the surrounding area. To maximize value, purchase both this property and the 10 acre adjacent property to allow for more development opportunities. The MXD-R zoning classification allows for a harmonious blend of residential and commercial elements, including single-family homes, townhouses, apartments, retail spaces, offices, and recreational facilities. As the Watershed development progresses, the potential for future access to public water and sewer facilities enhances the allure of this parcel, opening up new possibilities for infrastructure support. Investors and developers have a unique opportunity to capitalize on the growth potential of this location, leveraging the benefits of neighboring developments. With the prospect of future access to public water and sewer services, these 6.33-acre parcels becomes an even more enticing prospect for those seeking to contribute to the dynamic expansion of Laurel, Maryland, and Anne Arundel County.
Elementary School | Middle School | High School |
---|---|---|
Maryland City Elementary School | Macarthur Middle School | Meade High School |
Price History | |
---|---|
2/29/2024 | Listed $2,500,000 |
General Features
Sewer | No Sewer System |
---|---|
Possession | Immediate,Negotiable |
Zoning | MXD-R |
Property SubType | Land |
Tax Year | 2024 |
Current Use | Land/Lot Only |
Percent Ownership | Fee Simple |
County | ANNE ARUNDEL |
Property Type | Land |
HOA / Comm Assn | No |
Water Access Y/N | No |
Status | ACTIVE |
Directions | Located adjecent to Watershed community. No access available without owner and/or listing agent. |
ModificationTimestamp | 2024-05-03T01:53:55 |
City | LAUREL |
Buyer Agent Compensation | 2.5 |
Lot Size Square Feet | 435600.00 |
Tax Assessed Value | 900000.0 |
Waterfront Y/N | No |
Street Name | MYRTLE |
Tax Annual Amount | 10208.0 |
Price Per Sq Ft | 5.74 |
Additional Parcels Y/N | No |
Vacation Rental Y/N | No |
Days on Market | 65 |
Standard Status | Active |
Legal Subdivision | REGULARS |
Buyer Agent Compensation Type | % Of Gross |
Interior Features
Street Suffix | AVENUE |
---|
Exterior Features
Water Source | None |
---|---|
Water View Y/N | No |
Lot Size Acres | 10.00 |
Lot Size Units | Square Feet |
Lot Size Source | Assessor |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
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