Myrtle Ave, LAUREL, MD

$2,500,000

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10.00

Acres

About Myrtle Ave

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.

Features of Myrtle Ave

MLS® # MDAA2078858
Price $2,500,000
Bathrooms 0.00
Acres 10.00
Type Land
Sub-Type Land
Status Active

Community Information

Address Myrtle Ave
City LAUREL
County ANNE ARUNDEL-MD
State MD
Zip Code 20724

Amenities

Is Waterfront No

Interior

Has Basement No
Fireplace No

School Information

District ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
Elementary MARYLAND CITY
Middle MACARTHUR
High MEADE

Additional Information

Date Listed February 29th, 2024
Days on Market 47
Zoning MXD-R
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHomeSource Pro Real Estate
Contact Info(443) 454-1470

Listing Map

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