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

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Investment Highlights

  • High demand villa development

Executive Summary

UPDATE. The City of Hagerstown has now approved the sketch & ESD Stormwater Management Concept plans (effective January 15, 2026). See docs section. Initial existing grade to finish grade cut/fill calculations have been determined to be approximately 4,350 cubic yards of cut and 34,350 cubic yards of fill, exclusive of pavement, foundations, utilities, etc. Existing forestation is approximately 2.26 acres with estimated clearing of 0.19 acres for improvements. Total required planting would be 0.38 acres or a one-time payment of $6,787 in leu of. A Geotech report will be completed in conjunction with the final construction drawings with approval expected by May/June. There are no expected impact fees other than permit, construction and utility connection fees.
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
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Single Family Development
  • Single Family Residence
Total Lot Size 12.30 AC
Zoning RMOD

1 Lot Available

Lot

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.

  • Listing ID: 38816617

  • Date on Market: 12/18/2025

  • Last Updated:

  • Address: Southern Blvd, Hagerstown, MD 21740

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