UPDATED:
12/06/2024 10:40 AM
Key Details
Property Type Commercial
Sub Type Land for Commercial Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDCH2024494
Originating Board BRIGHT
Annual Tax Amount $1,268
Tax Year 2024
Lot Size 0.693 Acres
Acres 0.69
Property Description
The GC General Commercial zoning offers a variety of office and commercial uses that are not suitable for locations in other zones. This zone serves higher volume automobile traffic generation commercial uses and allows for more intensive uses than TCMX zone which 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 with a strong demand for commercial space. The property is in close proximity to public transportation, making it accessible to a wide range of potential tenants.
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 GC
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Charles County Public Schools
Others
Tax ID 0907017642
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Seller Financing, USDA, Wrap, Conventional
Listing Terms Cash, Seller Financing, USDA, Wrap, Conventional
Financing Cash,Seller Financing,USDA,Wrap,Conventional
Special Listing Condition Standard
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