Listed by Aaron Dixon of Berkshire Hathaway HomeServices PenFed Realty
Ready for Development! 42 lots within the Town limits of Federalsburg, Maryland. Total lot space as currently platted is 468,326 sq ft or 10.75 acres, according to public records. Total property area including the unbuilt road space is roughly 13 acres. Right-of-ways to the property are currently platted from Liberty Rd, Bernard Ave, and the Federalsburg Bypass. 855 ft of frontage on the Federalsburg Bypass. Water and sewer available on Bernard Ave. The space could fit approximately 40 single family homes on conforming lots if the property is replatted to a more efficient layout and road design. Per their Comprehensive Plan, the Town is open to replatting the property. Estimated Gross Development Value (GDV) for 40 homes is $12,000,000. Listing Agent is also the owner of the property. Property to be conveyed as-is. Buyer to perform due diligence and verify all information. 43 Lots pictured in image because one lot is a double lot. Property ID in listing is only for the first lot. List of all property IDs attached.

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