The median home value in Great Mills, MD is $315,000.
the county median home value of $285,000.
The national median home value is $277,796.
The average price of homes sold in Great Mills, MD is $315,000.
Approximately 64.5% of Great Mills homes are owned,
compared to 28.5% rented, while
7% are vacant.
Great Mills real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Great Mills real estate agent to arrange a tour
today! Learn more about Great Mills Real Estate.
Amazing opportunity to develop over 7 acres off Chancelor's Run Road! This purchase includes lots 6, 8, 9, 10, 12, 13 and 14 Horsehead Rd (all separate tax ID's).This property is zoned MXL (mixed low density) and can be used for commercial development, a residential subdivision, or a combination of both. Per seller, land is already county approved for 1-20 units per acre, and 37 units can be constructed on the property without TDR's. An affordable housing project could double the density . The county has this property in an opportunity zone which could offer great tax benefits. Per seller, county is willing to help with Metcomm cost and other fee's to help develop this area being that it is the only opportunity zone in the county. The attached plan is a concept plan showing 28 units but the right investor could go bigger, with perhaps an apartment building or condo units to maximize the use of density opportunities. Call with any questions!
INVESTMENT SALE consisting of 12 units located in Southern Maryland, St. Mary's County, close to Patuxent Naval. The buillding is part of a condominium project known as Westmeath and has been managed and leased as an investment property for years. Current NOI $124,235. Project offers full amenities including a clubhouse, pool, fitness center, lighted tennis courts, and garage parking in the building. The rental units feature fireplaces, balconies, washer/dryer, and garage parking with elevator access. Occupancy and collections 98% for 2020. Vacancy and collections reflect no concessions in 2020. Passive investment, all exterior and common areas maintained, leasing and management on-site.