Property

Laurel, MD 20724 Myrtle Avenue

Myrtle Avenue Laurel, MD - Image 1Myrtle Avenue Laurel, MD - Image 2Myrtle Avenue Laurel, MD - Image 3
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Myrtle Avenue Laurel, MD - Image 4
Presented By: HomeSource Pro Real Estate
  • MLS# MDAA2078858
  • 02/29/2024
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Home Details

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.
Presented By: HomeSource Pro Real Estate

Interior Features for Myrtle Avenue

Other Interior Features

Street SuffixAVENUE

General for Myrtle Avenue

Additional Parcels Y/NNo
Buyer Agent Compensation2.5
Buyer Agent Compensation Type% Of Gross
CityLAUREL
CountyANNE ARUNDEL
Current UseLand/Lot Only
Days on Market115
DirectionsLocated adjecent to Watershed community. No access available without owner and/or listing agent.
HOA / Comm AssnNo
Legal SubdivisionREGULARS
Lot Size Square Feet274428.00
Lot Size UnitsSquare Feet
ModificationTimestamp2024-06-22T01:14:24
Percent OwnershipFee Simple
PossessionImmediate, Negotiable
Price Per Sq Ft Total AG9.11
Property SubTypeLand
Property TypeLand
School DistrictANNE ARUNDEL COUNTY PUBLIC SCHOOLS
SewerNo Sewer System
Standard StatusActive
StatusACTIVE
Tax Annual Amount10208.0
Tax Assessed Value900000.0
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
ZoningMXD-R

Exterior for Myrtle Avenue

Lot Size Acres6.30
Lot Size SourceEstimated
Navigable Water Y/NNo
Water Oriented Y/NNo
Water SourceNone
Water View Y/NNo

Additional Details

Price History

Schools

Middle School Macarthur Middle School
High School Meade High School
Elementary School Maryland City Elementary School

YOLANDA CASSIDY-BOGAN

Associate
Price $2,500,000
MLS#MDAA2078858
List Date 02/29/2024
Property Type Land
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