Active

Myrtle Ave

Laurel MD, 20724

$2,500,000


$9.11 per sqft

Active

6.3 Acres

Land

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.

MDAA2078858

MLS ID

February 29, 2024

Listed

July 14, 2024

Updated

Map

Myrtle Ave
Laurel MD, 20724

Exterior/Building Features

Lot Size

6.3 Acres

School Information

School District

ANNE ARUNDEL COUNTY PUBLIC SCHOOLS


High School

MEADE


Elementary School

MARYLAND CITY

Other Property Details

Taxes

$10,208


Tax Frequency

Annually


Days on Market

115


Garage

No


View

No


County

ANNE ARUNDEL


Pool

No


Buyer Agency Compensation

2.5%

Listed by Joshua Mast, with HomeSource Pro Real Estate
Listing Contact: 4434541470 

The IDX display contains information sourced from the Bright MLS, Inc. as of 7/14/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 7/14/2024 at 6:13 AM UTC

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