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Barbara Raley

Great Mills MD Real Estate & Commercial for Sale

1 Properties Found

The median home value in Great Mills, MD is $317,500. This is higher than the county median home value of $285,000. The national median home value is $277,796. The average price of homes sold in Great Mills, MD is $317,500. Approximately 64.5% of Great Mills homes are owned, compared to 28.5% rented, while 7% are vacant. Great Mills real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Great Mills real estate agent to arrange a tour today!
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General Commercial
Lot size:
7.25 Acres
Year built:
Courtesy: EXP Realty, LLC
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Amazing opportunity to develop over 7 acres off Chancelor's Run Road! This purchase includes lots 6, 8, 9, 10, 12, 13 and 14 Horsehead Rd (all separate tax ID's).This property is zoned MXL (mixed low density) and can be used for commercial development, a residential subdivision, or a combination of both. Per seller, land is already county approved for 1-20 units per acre, and 37 units can be constructed on the property without TDR's. An affordable housing project could double the density . The county has this property in an opportunity zone which could offer great tax benefits. Per seller, county is willing to help with Metcomm cost and other fee's to help develop this area being that it is the only opportunity zone in the county. The attached plan is a concept plan showing 28 units but the right investor could go bigger, with perhaps an apartment building or condo units to maximize the use of density opportunities. Call with any questions!

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