Indian Head, MD 20640,PARCEL 412 INDIAN HEAD
Indian Head, MD 20640,PARCEL 412 INDIAN HEAD
Indian Head, MD 20640,PARCEL 412 INDIAN HEAD
Indian Head, MD 20640,PARCEL 412 INDIAN HEAD
Indian Head, MD 20640,PARCEL 412 INDIAN HEAD
Indian Head, MD 20640,PARCEL 412 INDIAN HEAD
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$135,000

$149,000

9.4%
Est.Price: ?

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Est. payment /mo

1.37 Acres Lot


SOLD DATE : 11/29/2023

Key Details

Sold Price $135,000

Property Type Commercial

Sub Type Land for Commercial Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID MDCH2024478

Sold Date 11/29/23

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $2,445

Tax Year 2023

Lot Size 1.370 Acres

Acres 1.37

Property Description

This 1.37-acre TCMX (Town Center Mixed Use) 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. Traffic count 12,817.
The zoning 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.
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 TCMX

Interior

Hot Water None

Heating None

Cooling None

Heat Source None

Exterior

Garage Spaces 3.0

Water Access N

Accessibility None

Total Parking Spaces 3

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Charles County Public Schools

Others

Tax ID 0907012055

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, Seller Financing

Listing Terms Cash, Conventional, Seller Financing

Financing Cash,Conventional,Seller Financing

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Keith A Hawkins • Samson Properties
Bought with Gaudy Evelyn Baxter • Coldwell Banker Realty
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