$ 195,000
PARCEL 480 INDIAN HEAD Indian Head, MD 20640
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$ 195,000
Est. payment /mo
Active
PARCEL 480 INDIAN HEAD Indian Head, MD 20640
0.69 Acres Lot
UPDATED:
09/24/2024 01:19 AM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDCH2024510
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $1,268
Tax Year 2024
Lot Size 0.693 Acres
Acres 0.69
Property Description
This .69-acre zoned GC (General Commercial) lot is located in a prime location just 1 mile north of the Indian Head Naval Surface Warfare Center, the biggest employer in Charles County, MD. The property is also minutes to Washington D.C., La Plata, and Waldorf, MD. Property on Major Route 210 Indian Head Hwy with 2oo feet of road frontage. Parcel number 480 (P480). Located between 4570 and 4610 Indian Head Hwy, Indian Head MD 20640
The GC General Commercial zoning offers a variety of office and commercial uses that are not suitable for locations in other zones. This zone serves higher volume automobile traffic generation commercial uses and allows for more intensive uses than TCMX zone which allows for a mixture of multi-family residential and commercial uses, apartments, shops, and restaurants, including auto businesses. The property is in an Opportunity Zone, which means that investors can take advantage of federal tax incentives for investing in distressed communities.
This is a great opportunity for investors who are looking to develop a mixed-use project in a thriving area. The property is close to major highways and public transportation, and it has excellent visibility from Indian Head Highway.
The property is also well positioned for future growth, as the area is becoming increasingly developed with a strong demand for commercial space. The property is in close proximity to public transportation, making it accessible to a wide range of potential tenants.
If you are looking for a unique and versatile investment opportunity, this property is the perfect place for you.
The GC General Commercial zoning offers a variety of office and commercial uses that are not suitable for locations in other zones. This zone serves higher volume automobile traffic generation commercial uses and allows for more intensive uses than TCMX zone which allows for a mixture of multi-family residential and commercial uses, apartments, shops, and restaurants, including auto businesses. The property is in an Opportunity Zone, which means that investors can take advantage of federal tax incentives for investing in distressed communities.
This is a great opportunity for investors who are looking to develop a mixed-use project in a thriving area. The property is close to major highways and public transportation, and it has excellent visibility from Indian Head Highway.
The property is also well positioned for future growth, as the area is becoming increasingly developed with a strong demand for commercial space. The property is in close proximity to public transportation, making it accessible to a wide range of potential tenants.
If you are looking for a unique and versatile investment opportunity, this property is the perfect place for you.
Location
State MD
County Charles
Zoning GC
Exterior
Waterfront N
Water Access N
Garage N
Building
Sewer Public Sewer
Water Public
Schools
School District Charles County Public Schools
Others
Tax ID 0907017642
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Seller Financing, USDA, Wrap, Conventional
Horse Property N
Listing Terms Cash, Seller Financing, USDA, Wrap, Conventional
Financing Cash,Seller Financing,USDA,Wrap,Conventional
Special Listing Condition Standard
Listed by Keith A Hawkins • Samson Properties