EXCELLENT INVESTMENT OPPORTUNITY FOR DEVELOPER/BUILDERS or INDIVIDUAL BUYERS. Prime Location with Residential and Commercial Development Potentials for high density residential or retail on almost 5 acres parcel in California, Maryland, St. Mary's County (Near intersection of Rt. 235 and Patuxent Beach Road). Unique property with both Highway access/ frontage on Route 235 and rear access/frontage on Potter Drive. This property is a cornerstone to potential new developments along this corridor, across from established Shopping Center and Restaurants. Proximity to St. Marys County Airport (4000 ft. runway suitable for business jets) as well as Solomon Island. Quick access to Leonardtown, Hollywood, Lexington Park and Naval Air Station Patuxent River. Proximity to multiple public, private and parochial schools. Zoned mixed commercial/residential with existing structure (as-is) containing three separate apartments. Municipal sewage and water connections available (Metcom). Preliminary Information allows Multiple SFR construction sites on section adjoining Potter Drive and MFR, commercial/retail and higher residential use opportunities on section adjoining Rt. 235. Property is an opportunity for joint venture development with owners. Or for sale to individual buyers ($1,500,000 minimum). Or for sale to investors, developers or builders ($900,000 down payment at time of sale with back-end percentage participation for seller). Three Notch Rd frontage, a prime location for the business. Neighboring land for sale as well, which will give you three acres of best exposure for the business. Allowable uses: fuel, sales, office, drive-through services, live entertainment, accessory general, outdoor storage, apartments, daycare, small wind energy system, utility, communication tower, retail sales general, take out food and beverages sales, production industry, recreational facility, rental and leasing, restaurant, micro-brewery, retail service and vehicles, hotel and motel, convenient store, financial institution, funeral and internment services, laboratory, Bed and Breakfast Inn, outpatient care center, public recreation facility, animal hospital, clubs or lodges, cultural institution, education facility, college, hospital. Public water and sewer hook up available Seller agent has details.
Office Space Available to Lease - One Unit Left Investment Property -100% Leased CAP Rate 8% Contact Showing Agent Teresa Shasho for Confidentiality Disclosure for income figures.
BACK ON THE MARKET******LOCATION, LOCATION, LOCATION: 4.439 Acres on State Rt. 235 (Three Notch Road) and State Rt. 4 in California, MD. Was originally 4 lots now Lot 500-22 which allows for 'almost' anything on this VERY RARE, ONE OF A KIND, IDEAL LOCATION, PROPERTY-(It is staked) New Plat and aerials in Photos....Any questions, please ask....AMAZING PROPERTY !!!!
The median home value in California, MD is $400,745. This is higher than the county median home value of $358,100. The national median home value is $338,100. The average price of homes sold in California, MD is $400,745. Approximately 55.97% of California homes are owned, compared to 37.31% rented, while 6.72% are vacant. California real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a California real estate agent to arrange a tour today!
California, Maryland has a population of 14,129. California is more family-centric than the surrounding county with 36.44% of the households containing married families with children. The county average for households married with children is 35.05%.
The median household income in California, Maryland is $101,907. The median household income for the surrounding county is $102,859 compared to the national median of $69,021. The median age of people living in California is 35.6 years.
The average high temperature in July is 87.8 degrees, with an average low temperature in January of 28.4 degrees. The average rainfall is approximately 45.6 inches per year, with 14.2 inches of snow per year.