Listed By:
Alluri Realty, Inc.
Address
00 Reichs Ford Road, Frederick, MD
Price
$ 2,700,000
Property Attributes
  • MLS#MDFR2046610
  • TypeLand
  • CountyFREDERICK
  • CityFrederick
  • Zip21704
  • StyleAgriculture,Land/Lot Only
  • Taxes$ 129
  • Price$ 2,700,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size22.03 Acres
Data Source:
Bright MLS
Property Description

Rare Investment Opportunity! 22.03 Acres of Prime Land Welcome to your chance to own a piece of the future! This 22.03-acre property boasts incredible potential for development, with a future land use calling for R3 Low Residential zoning - that's a minimum of 66 lots! With water and sewer hookups already available on-site, the groundwork is laid for your next big project. Located within a mile of not just one, but two different exits from I-70, accessibility is unparalleled. Plus, its close proximity to major retail giants like Costco and Walmart ensures convenience at your fingertips. Whether you're considering building a small family compound or envisioning a vibrant subdivision, the possibilities are endless - it's all up to your imagination. But wait, there's more! Situated in Federal Opportunity Zone, this property offers additional benefits for savvy investors, making it an even sweeter deal. Currently under a farm lease for Agricultural Exception, this land is ripe for transformation and won't stay on the market for long. Don't miss out on this golden opportunity to secure a slice of prime real estate in a strategic location. Act fast, as opportunities like this are few and far between.

Price History
4/3/2024 Listed $2,700,000

General Features

Sewer No Septic System
Possession Immediate
Zoning R3
Property SubType Land
Tax Year 2023
Current Use Agriculture,Land/Lot Only
Percent Ownership Fee Simple
County FREDERICK
Property Type Land
HOA / Comm Assn No
Water Access Y/N No
Status ACTIVE
Directions From I-70,to Quinn Orchard Road,left on Ray Smith Road
ModificationTimestamp 2024-04-07T17:36:18
City FREDERICK
Buyer Agent Compensation 2.5
Lot Size Square Feet 959627.00
Tax Assessed Value 11000.0
Waterfront Y/N No
Street Name REICHS FORD
Tax Annual Amount 129.0
Condo/Coop Association Y/N No
Clean Green Assessed Y/N No
Price Per Sq Ft 2.81
Additional Parcels Y/N No
Lease Considered Y/N No
Vacation Rental Y/N No
Days on Market 29
Standard Status Active
Buyer Agent Compensation Type % Of Base
Association Recreation Fee No

Interior Features

Street Suffix ROAD

Exterior Features

Water Source Public
Land Use Code A
Water View Y/N No
Lot Size Acres 22.03
Lot Size Units Square Feet
Lot Size Source Assessor
Navigable Water Y/N No
Water Oriented Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 21704

Price
AVG $2.7M
$2.7M
Taxes
AVG $129
$129
Visits
AVG 251
286
Data Provided by Inside Real Estate®

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