4023 Old Washington Rd,WALDORF, MD 20602
WALDORF, MD 20602
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.
Details
| MLS # | MDCH2055610 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Days On Site | 130 |
| Listing Provided By | RE/MAX One | Elizabeth W Wills |
Features
| Zoning | RM |
|---|---|
| Acreage | 4.12 |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 6786 |
|---|
Area Information
| State | MD |
|---|---|
| County | CHARLES MD |
| City | WALDORF |
| Zip Code | 20602 |
| Area | CHARLES MD |
| School District | CHARLES COUNTY PUBLIC SCHOOLS |
| Listing VS Median (in 20602) | |
Price: $1,200,000 low | high Med: $379,950 On site: 130 low | high Med: 66 | |
Market Activity 20602
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Learn More About This Property
| State | MD |
|---|---|
| County | CHARLES MD |
| City | WALDORF |
| Zip Code | 20602 |
| Area | CHARLES MD |
| School District | CHARLES COUNTY PUBLIC SCHOOLS |
| Listing VS Median (in 20602) | |
Price: $1,200,000 low | high Med: $379,950 On site: 130 low | high Med: 66 | |
 | $1,200,0004023 Old Washington RdWaldorf, MD 20602 |
 | $1,200,0004023 Old Washington RdWaldorf, MD 20602 |