Goode Road

HUGHESVILLE, MD 20637

  • 692,604 Sqft
  • 692604
    Sqft(Lot)
$500,000

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.

  • Property Type

    Land

  • County

    CHARLES

  • Style

    Land

  • AD ID

    41683303

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Property Details

  • Water/Sewer

    • Water Source : Well Required

  • Utility Features

    • Sewer: No Septic System

  • Lot Information

    • Lot Size: 692,604
    • Lot Size (Acres): 15.90
    • Main Square Feet: 692,604

    Property Information

    • Total Lot SQ ft: 692,604
    • View: Trees/Woods
    • Financing: Cash,Conventional,Farm Credit Service,Private,Rural Development,USDA
    • Total Acreage: 15.90

  • Listing Information

    • Possession: Immediate
    • Days Of Market: 649

  • Tax Information

    • Annual Tax: $9,026
    • Tax Year: 2022
    • Total Taxes Payment Frequency: Annually

    Possession

    • Immediate

    Assessment Information

    • Taxes Assessment Amount: $708,767

  • Multi-Unit Information

    • Acceptable Financing: Cash,Conventional,Farm Credit Service,Private,Rural Development,USDA
    • Road Surface: None

    Homeowners Association Information

    • Direction: Rt. 5 South (Leonardtown Road), take the circle to Rt. 231 towards Calvert. Approx. mile on the left, turn left onto Goode Road, the property is located on the right. 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.

  • School Information

    • School District: CHARLES COUNTY PUBLIC SCHOOLS

    Utility Information

    • Water Source: Well Required
    • Sewer: No Septic System

    Location Information

    • Location Type: Rural
    • Direction: Rt. 5 South (Leonardtown Road), take the circle to Rt. 231 towards Calvert. Approx. mile on the left, turn left onto Goode Road, the property is located on the right. 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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BuyOwner last updated this listing 04/27/2024 @ 17:02

  • MLS: MDCH2014432
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

Buyer Agency Compensation: 2%
Offer of compensation is made only to participants of the MLS where the listing is filed.

is a Land, with 0 bedrooms which is for sale, it has 692,604 sqft, 692,604 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of HUGHESVILLE , in zip code 20637, this CHARLES County Land and are nearby neighborhoods.