Myrtle Avenue, Laurel, MD 20724

$600,000

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Sold Price
$600,000
List Price
$599,900
Closing Date
Sep 09, 2024
MLS#
MDAA2083732
Status
CLOSED
Type
Land
County
Anne Arundel

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.

Additional Information

Sewer Septic
No Sewer System
Water
None
Tax Year
2024
Possession
Immediate, Negotiable
Days on Market
5
Acres
10
Ownership
Fee Simple

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Calculator source: Real Geeks

Listing courtesy of HomeSource Pro Real Estate. Contact:

Selling Office: .