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Key Details
Sold Price $535,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MDPG2109256
Sold Date 08/02/24
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $3,585
Tax Year 2023
Lot Size 10.500 Acres
Acres 10.5
Property Description
The real estate market is constantly evolving, and the opportunity presented here is a testament to that dynamism. With a significant price adjustment, this property is back on the market, offering a unique chance for developers and homebuilders. The potential for building a variety of residential options, including single-family homes, container dwellings, and facilities for active adults over 55, is subject to approval by Prince George's County. The property spans approximately 10.5 acres in an established community near Manchester Estates, zoned RR, which typically allows for rural residential development. However, with the right approvals and special exceptions, there's a possibility for institutional, educational, limited industrial, and commercial uses. Its proximity to key locations like Joint Base Andrews, Top Golf, Tanger Outlets, National Harbor, and more, adds to its appeal. The property boasts multiple access points, which is a significant advantage for development. The estate trustee's preference is to sell this property along with an adjoining parcel, estimated at 1 acer, (5811 Old Branch Ave - MLS# MDPG2111228) as a combined package deal of about 11.5 acres, which would offer a larger scale for potential development. Interested parties should contact the listing agent for more detailed information and to explore the possibilities this property holds.
Location
State MD
County Prince Georges
Zoning RR
Exterior
Utilities Available Electric Available, Sewer Available, Water Available
Waterfront N
Water Access N
Garage N
Building
Sewer Public Hook/Up Avail
Water Public Hook-up Available
Schools
School District Prince George'S County Public Schools
Others
Tax ID 17060568352
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Financing Cash,Conventional,Exchange
Special Listing Condition Probate Listing
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Bought with Edith Geovana Dawson • Samson Properties