4023 Old Washington Rd, Waldorf, MD 20602

$1,200,000

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List Price
$1,200,000
Days on Market
68
Status
ACTIVE
MLS#
MDCH2055610
Lot Size (Acres)
4.12
County
Charles
School District
Charles County Public Schools

Property Description

****Owner financing may be available with acceptable terms. Rarely does an opportunity like this become available in one of Waldorf's fastest-growing corridors.*****Rare 4+ acre opportunity in the heart of Waldorf’s expanding growth corridor. Zoned RM (Residential Medium Density), this property offers exceptional potential for investors, builders, and developers seeking a prime location within one of Charles County’s most active development areas. Ideally positioned just off the Route 301 corridor, the property is surrounded by established residential communities, retail, commuter routes, and ongoing commercial expansion. The parcel backs to active commercial development, further enhancing its long-term strategic value and future potential. The property is improved by an existing occupied all-brick rambler that is well-maintained and serviced by public water and sewer. While the home offers functional use and rental potential, the primary value is believed to be in the land and future possibilities. Potential opportunities may include townhomes, single-family residential development, cluster-style housing, or possible assemblage with neighboring parcels, subject to county approvals, engineering, and feasibility studies. Conceptual yield estimates may support approximately 24–36 townhomes or 6–10 single-family lots, but all density and development potential must be independently verified by the buyer. This is a unique chance to acquire a sizable parcel in a transitional area experiencing both residential growth and commercial investment along the 301 corridor. Buyer to perform all due diligence regarding zoning, land use, utility capacity, subdivision potential, environmental matters, approvals, and development feasibility with Charles County and all applicable agencies.

Additional Information

Taxes
$6786
School District
Charles County Public Schools
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of RE/MAX One. Contact: 4432956123