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Goode Road

HUGHESVILLE, MD 20637
  • $500,000
  • STATUS: Active
  • ON SITE: 502 Days
  • ID#: MDCH2014432
UPDATED: 55 min ago
$500,000
  • 0
    BEDS
  • 15.9
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

Given the favorable conditions in the current housing market and the opportunity to own 15 acres of land divided into 3 lots, each with at least 3 percolation tests (percs), there are several potential actions you could consider:1. Real estate development: You could purchase the 15 acres and develop it into residential properties. With the demand for new homes in the area and the recent sales comps ranging from $555k to $800k plus, there is potential for profitable returns on investment.2. Land investment: Alternatively, you could purchase the land as an investment and hold onto it. Land values tend to appreciate over time, especially in desirable locations. You could choose to sell the land at a later date when the market is more favorable or when the area experiences further development and increased demand.3. Agricultural use: If you have an interest in farming or agricultural activities, you could utilize the land for agricultural purposes. This could involve growing crops, raising livestock, or even leasing the land to local farmers.Ultimately, the decision on what to do with the 15 acres of land depends on you!Lot C is located between 6135 and 6091 Goode Rd. Lot A is located in the rear of 6091 Goode Rd. (Do not disturb or trespass onto the property of 6091 or 6135 Goode Rd.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-12-03T17:50:42.353.
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Goode Road HUGHESVILLE, MD 20637

  • Price: $500,000
  • Status: Active
  • On Site: 502 Days
  • Updated: 55 min ago
  • ID#: MDCH2014432
0
Beds
0
Baths
0
½ Baths
15.9
Acres
County:
Charles
School District:
Charles County Public Schools
Property Description
Given the favorable conditions in the current housing market and the opportunity to own 15 acres of land divided into 3 lots, each with at least 3 percolation tests (percs), there are several potential actions you could consider:1. Real estate development: You could purchase the 15 acres and develop it into residential properties. With the demand for new homes in the area and the recent sales comps ranging from $555k to $800k plus, there is potential for profitable returns on investment.2. Land investment: Alternatively, you could purchase the land as an investment and hold onto it. Land values tend to appreciate over time, especially in desirable locations. You could choose to sell the land at a later date when the market is more favorable or when the area experiences further development and increased demand.3. Agricultural use: If you have an interest in farming or agricultural activities, you could utilize the land for agricultural purposes. This could involve growing crops, raising livestock, or even leasing the land to local farmers.Ultimately, the decision on what to do with the 15 acres of land depends on you!Lot C is located between 6135 and 6091 Goode Rd. Lot A is located in the rear of 6091 Goode Rd. (Do not disturb or trespass onto the property of 6091 or 6135 Goode Rd.
Exterior Features

Garage YN No Location Type Rural Lot Features RuralRoad FrontageSubdivision Possible Riparian Rights YN No Road Surface Type None View Trees/Woods Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Property Features

Acceptable Financing CashConventionalFarm Credit ServicePrivateRural DevelopmentUSDA Assessment Year 2022 Association YN No Central Air YN No Construction Completed YN No Current Use Land/Lot Only Navigable Water YN N Original MLSNumber 801719630060 Ownership Interest Fee Simple Possession Immediate Property Sub Type Land Sale Type Standard Sewer No Septic System Tax Annual Amount 9026.00 Tax Assessment Amount 708767.00 Tax Lot AB & C Vacation Rental YN No Water Source Well Required Zoning AC Zoning Description Agriculture Conservation

Listing courtesy of Zar Realty, Llc: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-12-03T17:50:42.353.
 
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