Myrtle Avenue

Laurel, MD 20724

$2,500,000
Price
435,600 / 10
Lot Size / Acres

Description

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...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.
  1. Listed by Joshua Mast • HomeSource Pro Real Estate
    P: 4434541470 joshua.mast@homesourcepro.com

Property Details for Myrtle Avenue

Tax ID Number
020400002899505
Ownership
Fee Simple
HOA
No
Waterfront
No
Garage
No
Legal Subdivision
REGULARS
Central Air
No
Construction Completed
No

Location

Listing Courtesy of HomeSource Pro Real Estate
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LISTING UPDATED: 05/03/2024 01:53 AM

Property Details for Myrtle Avenue

StatusActive
MLS #MDAA2078858
Days on Market104
Taxes$10,208 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size10.00 AC
CountyAnne Arundel County

Location

Listing Courtesy of HomeSource Pro Real Estate
Add your commute

Building Information for Myrtle Avenue

Lot Size10.00 AC

Payment Calculator

$14,494 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,644

Property Taxes

$851

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for Myrtle Avenue

Location
Location
  • In City Limits: No
  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District County ID: 121140671932
  • SchoolDistrictSource: 3rd Party
  • Elementary School: MARYLAND CITY (ANNE ARUNDEL MD)
  • ElementarySchoolSource: 3rd Party
  • Middle Or Junior School: MACARTHUR (ANNE ARUNDEL MD)
  • MiddleSchoolSource: 3rd Party
  • High School: MEADE (ANNE ARUNDEL MD)
  • HighSchoolSource: 3rd Party
  • County: ANNE ARUNDEL
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $900,000
  • Year Assessed: 2024
  • County Tax: $9,828
  • Zoning: MXD-R
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: Yes
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Assessor
  • Current Use: Land/Lot Only
  • Parcel ID: 15265189
  • Additional Parcels: No
Utilities
Utilities
  • Water Source: None
  • Sewer Septic: No Sewer System
Confidential Data
Listing Office
  • List Agent AOR: Anne Arundel County Association of REALTORS

Property History for Myrtle Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near Myrtle Avenue

This home is within Anne Arundel County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Maryland City Elementary School
PublicPK to 5

Meade Middle School
Public6 to 8

Meade High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Myrtle Avenue is a 10 ac of land for sale in Laurel, MD 20724. This property was listed for sale on February 29, 2024 by HomeSource Pro Real Estate, it's currently listed at $2,500,000. This listing's school district is Anne Arundel County Public Schools. Nearby schools include Maryland City Elementary School, Meade Middle School and Meade High School. Myrtle Avenue is a 0-bed, 0-bath, 10 ac of land on a 435,600 sq. ft. / 10 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HomeSource Pro Real Estate

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 05/03/2024 01:53 AM