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.******This property presents a rare development opportunity in the heart of Waldorf. Situated on approximately 4.12 acres and zoned RM (Residential Medium Density), this property offers exceptional potential for builders, developers, and investors seeking a prime location within one of Charles County's fastest growing corridorIdeally positioned just off the Route 301 corridor, the property is surrounded by established residential communities, retail, commuter routes, and ongoing commercial expansion. The site backs to active commercial development, further enhancing its long-term growth potential and strategic positioning within this rapidly evolving area. The property is improved with an existing occupied residence; however, the primary value is believed to be in the land and future development possibilities. Potential uses may include a townhome community, single-family subdivision, cluster-style residential development, or possible assemblage opportunities with neighboring parcels. Conceptual yield estimates may support approximately 24-36 townhomes or 6-10 single-family lots, subject to county approvals and engineering. Buyer to verify zoning, land use, subdivision potential, utility availability, and all property information with Charles County.
Details
| MLS # | MDCH2055614 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1959 |
| Days On Site | 130 |
| Listing Provided By | RE/MAX One | Elizabeth W Wills |
Features
| Units | 1 |
|---|---|
| Zoning | RM |
| Acreage | 4.12 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | 90% Forced Air |
Exterior
| Construction Materials | Brick |
|---|
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
Request a showing
Request a showing
Contact
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 |