Check Availability
$195,000
Land - For Sale

PARCEL 480 INDIAN HEAD

INDIAN HEAD, MD 20640
bedrooms
Studio
bathrooms
0 Bath
$193,908
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

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.
Unit Size
-
Days on Market
300 days
Land Size
0.69 acres
Price per sqft
-
Property Type
Land
Property Taxes
$103
HOA Dues
-
Year Built
-

Listed By

Last updated: 10 months ago (Bright MLS #MDCH2024510)

Price History

Date / Event Date Event Price
Jul 13, 2023 Listed by Samson Properties $195,000
Listed by Samson Properties

Property Highlights

Exterior Details

Property Information

Ownership Interest: Fee Simple

Lot Information

Tidal Water: N
Lot Size Source: Assessor

Land Information

Land Assessed Value: $66,800
Financial Details
County Tax: $833
County Tax Payment Frequency: Annually
City Town Tax: $200
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $66,800
Tax Year: 2023
Tax Annual Amount: $1,241
Year Assessed: 2023

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
942 ft²
$234/ft²
$220,000 Apr 26, 2023
$220,000 May 30, 2023
-

About Indian Head


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Frequently Asked Questions

When was property at 480 Indian Head Avenue built and last sold?
The property at 480 Indian Head Avenue was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 480 Indian Head Avenue is $196,950.
What are some comparable homes to 480 Indian Head Avenue?
Homes that are comparable to 480 Indian Head Avenue include a house property at 48 Mattingly Avenue, located in INDIAN HEAD, MD.

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