$195,000 $1,047 est/mo Sourced by Back At You

P480 Indian Head,Indian Head, MD 20640

Indian Head MD, 20640

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Description

This .69-acre zoned GC (General 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. Parcel number 480 (P480). Located between 4570 and 4610 Indian Head Hwy, Indian Head MD 20640.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.

Details

MLS#MDCH2024494
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1492
Days On Site373
Listing Provided BySamson Properties | Keith A Hawkins
Buying Commision2.5% Of Gross

Features

ZoningGC
Acreage0.69

Market Activity 20640

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Listings Checked: 5 minutes ago
StateMD
CountyCharles
CityIndian Head
Zip Code20640
School DistrictCharles County Public Schools
Listing VS Median (in 20640)
Price:
$195,000
low | high
Med:
$339,900
24.307692307692% of Average
On Site:
373
low | high
Med:
57.000000
100% of Average
Sourced by Back At You
Listing Updated: July 2, 2024 at 12:30:07 PM PDT