Normandy Woods Development Site

734 Schofield Ave. Aberdeen, MD 21001

 734 Schofield Ave., Aberdeen, MD, 21001
 734 Schofield Ave., Aberdeen, MD, 21001
Property Type:
Multifamily Land
Please Call Broker for Price

Last Verified:
Oct 21, 2020


  • Five (5) Separate Tax Parcels Totaling 4.61 ± AC – Zoned R-3 - Shovel-Ready Site
  • Proposed 38 ± Unit Townhouse or 16 ± Unit Single Family Development
  • Appraised in 2019 @ $1,450,000
  • Previously Approved Engineering Plans Available Upon Request


ONLINE AUCTION ONLY – 4.61 ± AC Development Site – Zoned R-3 – 20’ Interior Lots – 24’ End Unit Lots – Wooded Site with One Single Family Home – Five (5) Separate Tax Parcels – Less Than 1 Mile From Intersection @ I-95 & Route 22 – Less Than 2 Miles From Aberdeen, MD – Appraised @ $1,450,000 (2020) - Previously Approved Plans, Construction Budget, Appraisal & More Available Upon Request

Less Than 1 Mile From Intersection @ I-95 & Route 22 – Less Than 2 Miles From Aberdeen, MD

Lot Size: 4.61 acres

Map of 734 Schofield Ave., Aberdeen, MD, 21001

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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.