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Listed by Henry Hanna • SVN/Miller Commercial Real Estate
Bought with Henry Hanna • SVN/Miller Commercial Real Estate
Bought with Henry Hanna • SVN/Miller Commercial Real Estate
$102,500
$123,000 16.7%
Est. payment /mo
4.1 Acres Lot
Sold on 03/08/2023
LOT 8 PARK AVE Princess Anne, MD 21853
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Key Details
Sold Price $102,500
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MDSO104176
Annual Tax Amount $967
Tax Year 2021
Lot Size 4.100 Acres
Property Sub-Type Land
Property Description
Lot 8 - 4.10 acres in the Princess Anne Industrial Park. Add'l lots available – Lot 14B – 3.50 acres, Lot 9 3.22 acres and Parcel 133A 1.38 acres. $30,000 per acre. Fully equipped with water, sewer, utilities and access roads. Fiber optic lines at the entrance to the park. The site is level, cleared and ready for construction (subject to permits). The Industrial Park is accommodating to a wide range of light manufacturing, warehouse, service and office users. Located in the State of Maryland Enterprise Zone for new construction tax abatements and a HUB zone which promotes job growth, capital investment and economic development to underutilized business zones. Princess Anne is accessible to the east coast markets with north/south and east/west access by major US highways. Add'l access is provided by a major regional airport and proximity to major seaports and rail junctions. Located in a Maryland Opportunity Zone which could provide tax benefits and incentives to investors.
Location
State MD
County Somerset
Area Somerset East Of Rt-13 (20-02)
Zoning I-1
Exterior
Water Access N
Building
Lot Description Cleared
Sewer Public Sewer
Water Lateral Not Installed/Must Tap Off Main
Schools
Elementary Schools Princess Anne
Middle Schools Washington Academy And
High Schools Washington
School District Somerset County Public Schools
Others
Special Listing Condition Standard

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