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Southern Blvd - Southern Blvd Villas 12.3 Acres of Residential Land Offered at $1,050,000 in Hagerstown, MD 21740



Investment Highlights
- High demand villa development
Executive Summary
Excellent development potential for 30 villas in a great location, only minutes to I-70. 12M+ gross sales potential. Recently annexed into city of Hagerstown. Sewer currently runs through property, water is approximately 150' away. City water dept. has commented and with no capacity concerns.
Property Facts
| Price | $1,050,000 | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 12.30 AC |
| Property Type | Land | ||
| Zoning | RMOD | ||
| Price | $1,050,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 12.30 AC |
| Zoning | RMOD |
1 Lot Available
Lot
| Price | $1,050,000 | Lot Size | 12.30 AC |
| Price Per AC | $85,365.85 |
| Price | $1,050,000 |
| Price Per AC | $85,365.85 |
| Lot Size | 12.30 AC |
Newer road/infrastructure with great exposure, minutes to I-70, shopping, dining
Description
Excellent development potential for 30-38 high-demand villas in a great location. Only minutes to I-70. Concept plan reflects minimum units with the possibility of another 8 units. 12-15M+ gross sales potential. Recently annexed into city of Hagerstown. Sewer currently runs through property, water is approximately 150' away. City water dept. has commented with no capacity concerns. The current plan is conceptual for zoning and preliminary design meetings. Concept and SWM plan approval expected early first quarter 2026 with complete approval expected by end of third quarter of 2026.
Presented by
Southern Blvd - Southern Blvd Villas
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