Ignite FB Tracking PixelMyrtle Avenue, Laurel, MD 20724 - R. M. Simpson Real Estate, LLC.
R. M. Simpson Real Estate, LLC.
R. M. Simpson Real Estate, LLC.Phone: (202) 527-0478
Email: [email protected]
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listing
1 of 5
LandFor Sale
$2,500,000
Myrtle Avenue
Laurel, MD 20724
Listed by: HomeSource Pro Real Estate, (443) 454-1470
MLS: Bright MLS
274,428Sq Ft
Est. Mortgage
$13,005/mo

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.

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This data is up-to-date as of 11/22/2024 10:35 AM. Listing provided by Joshua Mast of HomeSource Pro Real Estate.
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