Joey Drive, Ellicott City, MD, 21042

Joey Drive Ellicott City, MD 21042

Joey Drive, Ellicott City, MD, 21042
Joey Drive, Ellicott City, MD, 21042 Joey Drive, Ellicott City, MD, 21042 Joey Drive, Ellicott City, MD, 21042
FOR SALE
Property Type:
Residential Land Development
Amount:
$119,000
Last Verified:
Mar 07, 2024

Highlights

  • Flood plain/designation
  • Recreational parcel nestled in densely populated Ellicott City
  • Great "add-on" for contiguous neighbor

Description

The property at Joey Drive presents a rare investment opportunity in the sought-after Ellicott City area. With its enviable location and promising potential, this property represents a compelling opportunity for residential development in a highly coveted area.

11.91-acre parcel zoned Residential. The area surrounding the property in Ellicott City, MD, is a vibrant and dynamic location boasting a mix of residential, retail, and recreational offerings. Ellicott City is an ideal setting for those seeking a desirable work-life balance in a prime location. Coordinates: 39.285522, -76.845723

Lot Size: 11.91 acres


Documents

joey-drive-land

Map of Joey Drive, Ellicott City, MD, 21042

Presented by:
Lee & Associates | Chesapeake Region, LLC

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Stephen Weiss


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.