Laurel, MD 20724,MYRTLE AVE
Laurel, MD 20724,MYRTLE AVE
Laurel, MD 20724,MYRTLE AVE
Laurel, MD 20724,MYRTLE AVE
Laurel, MD 20724,MYRTLE AVE
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$600,000

$599,900

Est.Price: ?

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Est. payment /mo

10 Acres Lot


SOLD DATE : 09/09/2024

Key Details

Sold Price $600,000

Property Type Vacant Land

Sub Type Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID MDAA2083732

Sold Date 09/09/24

HOA Y/N N

Originating Board BRIGHT

Annual Tax Amount $10,208

Tax Year 2024

Lot Size 10.000 Acres

Acres 10.0

Property Description

Nestled in Laurel, Maryland, this expansive 10-acre parcel of 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 6.33 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, this 10-acre parcel becomes an even more enticing prospect for those seeking to contribute to the dynamic expansion of Laurel, Maryland, and Anne Arundel County.

Location

State MD

County Anne Arundel

Zoning MXD-R

Exterior

Waterfront N

Water Access N

Garage N

Building

Sewer No Sewer System

Water None

Schools

School District Anne Arundel County Public Schools

Others

Tax ID 020400002899505

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Joshua Mast • HomeSource Pro Real Estate
Bought with Joshua Mast • HomeSource Pro Real Estate
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4221 Forbes Blvd, Suite 240, Lanham, MD, 20706, United States

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