Remarks

This .69-acre zoned GC (General Commercial) lot is located in a prime location just 1 mile north of the Indian Head Naval Surface Warfare Center, the biggest employer in Charles County, MD. The property is also minutes to Washington D.C., La Plata, and Waldorf, MD. Property on Major Route 210 Indian Head Hwy with 2oo feet of road frontage. Parcel number 480 (P480). Located between 4570 and 4610 Indian Head Hwy, Indian Head MD 20640.
The GC General Commercial zoning offers a variety of office and commercial uses that are not suitable for locations in other zones. This zone serves higher volume automobile traffic generation commercial uses and allows for more intensive uses than TCMX zone which allows for a mixture of multi-family residential and commercial uses, apartments, shops, and restaurants, including auto businesses. The property is in an Opportunity Zone, which means that investors can take advantage of federal tax incentives for investing in distressed communities.
This is a great opportunity for investors who are looking to develop a mixed-use project in a thriving area. The property is close to major highways and public transportation, and it has excellent visibility from Indian Head Highway.
The property is also well positioned for future growth, as the area is becoming increasingly developed with a strong demand for commercial space. The property is in close proximity to public transportation, making it accessible to a wide range of potential tenants.
If you are looking for a unique and versatile investment opportunity, this property is the perfect place for you.

Details

MLS#: MDCH2024494
Price: $195,000

Year Built: 1492

County: CHARLES
Tax Fee: 1268.0