NOT LISTED FOR SALE

0 Myrtle Ave Unit MDAA2083732 Laurel, MD 20724

Maryland City Neighborhood
10 Acres
-- Price per Acre
435,600 Sq Ft Lot

Last Sold September 09, 2024

Last sale price $600,000

4 Days on Market

About This Lot

As of September 2024

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.

Last Agent to Sell the Property

Joshua Mast

(443) 454-1470 joshua.mast@homesourcepro.com HomeSource Pro Real Estate License #RB-0031372 Listed on: 05/01/2024

Last Buyer's Agent

Joshua Mast

(443) 454-1470 joshua.mast@homesourcepro.com HomeSource Pro Real Estate License #RB-0031372 Listed on: 05/01/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,208

Lot Details

  • 10 Acre Lot
  • Property is zoned MXD-R

Utilities

  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 020400002899505

Property Details

Property Type

Land

Est. Annual Taxes

$10,208

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Automatically Close On Close Date: No
  • Remarks Public: 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.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 1.38

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Sewer System

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District Key: 121140671932
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 10.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 435600.00
  • Year Assessed: 2024
  • Zoning: MXD-R
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 10208.00
  • Assessor Parcel Number: 020400002899505
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 09/09/2024

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 Sold $600,000 0.0% --
05/05/2024 05/05/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $599,900 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2083732

Bright MLS