$395,000
For Sale

13305 OCTAGON LANE

Silver Spring, MD 20904
0.63 acres | #MDMC2155666
Listing OfficeRE/MAX Realty Group
Office Phone
Office Email
Browse 7 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

BUILDERS/DEVELOPERS - GREAT DEVELOPMENT OPPORTUNITY
1/2-acre property for sale in the heart of Colesville, Silver Spring.
The property is zoned R90 and can be subdivided into three 9,000 sf lots.
There is a house on the property so there are multiple options - renovate the house and sell or subdivide and build 3 houses. The house next door is valued close to $1M.
The property is currently in the subdivision process so buy now since once subdivided, the lot prices will increase significantly. Preliminary Plan included in Documents List

  • Property Details
      • Lot DescriptionCorner, Level, Partly Wooded, Subdivision Possible
      • Utility FeaturesSewer Available, Water Available
      • Sewer InformationPublic Sewer
      • MLS #MDMC2155666
      • MLS #MDMC2155666
      • SubdivisionCOLESVILLE
      • Property TypePurchase
      • ViewLimited
      • Utility SourcePublic
      • Taxes Annual$4,538
      • Cost395000
      • Acres0.63
      • Property SubtypeLand

Location

Tom Governale | Keller WilliamsReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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