$2,500,000
Myrtle Ave, Laurel, 20724
MLS Number: Mdaa2078858
Standard Status: Active
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.
Contact Mike McCarthy
Exterior Features
Interior Features
Additional Details
Elementary School
Maryland City
High School
Meade
Middle School
Macarthur
Acres
10.00
Property Type
Land
County
Anne Arundel
SchoolDistrictName
Anne Arundel County Public Schools
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Listing courtesy of Homesource Pro Real Estate.