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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, 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.
| DAYS ON MARKET | 30 | LAST UPDATED | 4/9/2024 |
|---|---|---|---|
| YEAR BUILT | 0 | COUNTY | PRINCE GEORGES |
| STATUS | Active | PROPERTY TYPE(S) | Lot/Land/Acreage |
| School District | PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| BUYER'S BROKERAGE COMPENSATION | 2.5 |
|---|---|
| LOT | 10.5 acre(s) |
| TAXES | 3585 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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