$70,000
$99,000
29.3%For more information regarding the value of a property, please contact us for a free consultation.
0.5 Acres Lot
SOLD DATE : 11/28/2022
Key Details
Sold Price $70,000
Property Type Commercial
Sub Type Land for Commercial Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MDCH221692
Sold Date 11/28/22
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $1,289
Tax Year 2022
Lot Size 0.500 Acres
Acres 0.5
Property Description
Commercial Land .50 Acres on Glymont Rd in-between 53 and 61 Glymont Rd, Indian Head MD 20640. Property located an a Opportunity Zone. The Opportunity Zone program is a nationwide initiative administered by the U.S. Treasury created under the 2017 Tax Cuts and Job s Act. The program provides federal tax incentives for investment in distressed communities over the next 10 years. Areas designated as Opportunity Zones will be able to reap the benefits of new capital investment to help redevelop underserved communities.
Location
State MD
County Charles
Zoning CC
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type None
Garage N
Building
Sewer Community Septic Tank, Private Septic Tank
Water Public
New Construction N
Schools
School District Charles County Public Schools
Others
Tax ID 0907019734
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Phillip Metcalf • Fairfax Realty Elite
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "