For Sale:
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26+ ACRES RESIDENTIAL DEVELOPMENT
LAND |
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| ID #: |
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RR70601 |
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| Location: |
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Princess Anne, Maryland 21853, Somerset
County. One half mile west of US Rt 13
on
Mt Vernon Rd (Hwy 362) between Ford's Garage & East
Ridge Rd. |
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| Description: |
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Flat unimproved acreage, approximately
80-85% open space, the balance wooded.
Improved by a single 950sf residence built
in 1920 that is currently rented month to
month. Property has long road frontage
on Mt Vernon Road and some on East Ridge
Road. Most suitable for affordable
single family residences in the $200,000
range.
This is an opportunity to purchase a
property for residential development that is
already zoned for the purpose. It is
immediately adjacent to the town limits and
town services. Builders and residents will
appreciate that its proximity to Rt 13
provides an easy commute to anywhere. |
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| Zoning: |
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R2 (Minimum Lot Size: 10,000sf or
more than 4/Acre)
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| Legal References: |
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Tax Map 15, Grid 4, Parcel 526
Deed: ITP/448/1 & ITP/417/720 |
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| Price: |
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$30,000/Acre (Less than $7,500 per
allowable building lot)
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| Terms: |
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Attractive Owner Financing.
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