Property

Hanover, MD 21076 Parcel 325 Wright Road

Parcel 325 Wright Road Hanover, MD - Image 1Parcel 325 Wright Road Hanover, MD - Image 2Parcel 325 Wright Road Hanover, MD - Image 3
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Parcel 325 Wright Road Hanover, MD - Image 4Parcel 325 Wright Road Hanover, MD - Image 5Parcel 325 Wright Road Hanover, MD - Image 6
Presented By: Long & Foster Real Estate, Inc.
  • MLS# MDAA2066568
  • 08/06/2023
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Home Details

ALL EIGHT PROPERTIES IN THE WRIGHT ROAD GROUP HAVE NOW BEEN OFFICIALLY REZONED TO R-15, AS THE ANNE ARUNDEL COUNTI COUNCIL VOTED ON BILLS 6-24-REGION 2 GENERAL DEVELOPMENT PLAN AND 7-24-REGION 2 COMPREHENSIVE REZONING AND BOTH BILLS PASSED! This parcel is a part of the Wright Road Group (WRG) assemblage of eight properties. The WRG properties contain one of the few remaining parcels of undeveloped land in northern Anne Arundel County. There are a total of eight contiguous parcels being sold totaling over 10.3 acres. The eight parcels included in the WRG are as follows: 252, 260, 261, 265, 271, 316, 325, and 326. The WRG properties are right around the corner from Arundel Mills/Maryland Live Casino and Fort Meade. A developer's and builder's dream- tucked away in Hanover, MD, surrounded by protected lands, trees, and existing residential communities. The property owners have done their homework by hiring prominent law and engineering firms to assist them in rezoning the properties to R-15, to survey the properties, and to determine the utility capacity for new development. Downtown Baltimore is just 20 minutes by car and Washington DC is a 40-minute commute. This location has easy access to commuter routes that include Rt. 100, I-95, and I-295 that will take you to areas with major employers such as Fort Meade, National Business Park, and NSA. Residents will enjoy stress-free travel with quick and easy access to MARC train stations and the BWI airport. Note that the total listing price for all eight properties is $7,500,000.
Presented By: Long & Foster Real Estate, Inc.

Interior Features for Parcel 325 Wright Road

Other Interior Features

Street SuffixROAD

General for Parcel 325 Wright Road

Acceptable FinancingCash, Conventional, Negotiable, Other
Additional Parcels DescriptionIncludes seven other contiguous parcels for a total of 10.4 acres. Other parcels are : Parcel 252, 260, 261, 265, 271, 316, 326.
Additional Parcels Y/NYes
Buyer Agent Compensation1.5
Buyer Agent Compensation Type% Of Gross
CityHANOVER
Clean Green Assessed Y/NNo
Contingency TypeFeasibility Study
CountyANNE ARUNDEL
Current UseVacant
Days on Market279
DirectionsDorsey Road to Wright Road
DisclosuresNone
HOA / Comm AssnNo
Legal SubdivisionREGULARS
Location TypeSuburban
Lot Size Square Feet65340.00
Lot Size UnitsSquare Feet
ModificationTimestamp2024-05-31T17:58:47
Percent OwnershipFee Simple
Possession31-60 Days CD, 61-90 Days CD, Negotiable
Possible UseResidential, Multi-Family
Price Per Sq Ft Total 16.0
Property SubTypeLand
Property TypeLand
SewerPublic Sewer
Standard StatusActive Under Contract
StatusACTIVE UNDER CONTRACT
Street NameWRIGHT
Tax Annual Amount4093.0
Tax Assessed Value340000.0
Tax Year2024
TransportationAirport less than 10 miles, Commuter Rail Station 1 to 5 miles
UtilitiesWater Available, Sewer Available
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
ZoningR15
Zoning DescriptionALL EIGHT PROPERTIES IN THE WRIGHT ROAD GROUP HAVE NOW BEEN OFFICIALLY REZONED TO R-15!!

Exterior for Parcel 325 Wright Road

Lot FeaturesLandlocked, Additional Lot(s)
Lot Size Acres1.50
Lot Size SourceAssessor
Navigable Water Y/NNo
Water Oriented Y/NNo
Water SourcePublic Hook-up Available
Water View Y/NNo

Additional Details

Price History

Karina Gil

Associate
Price $1,045,549
MLS#MDAA2066568
List Date 08/06/2023
Property Type Contingent
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