Sandy Spri Sandy Spring Ln Thurmont, MD 21788
This exceptional 3.75-acre parcel, identified as Parcel 2068, presents a remarkable opportunity for multi-family development in the desirable Thurmont, MD area. Zoned R-2, this raw land allows for the construction of single-family dwellings on 8,000 square foot lots, each requiring a 70-foot width with 10-foot side setbacks and 30-foot rear setbacks. Building height is capped at 30 feet. The property's zoning offers significant potential, with the possibility of special exceptions for uses such as daycare centers or nursing homes, expanding the development options considerably. This presents a unique chance to create a thriving residential community or explore alternative uses within the permitted zoning allowances. The property's size and zoning flexibility make it an attractive investment for developers seeking a prime location in a growing area. The seller is open to negotiating terms, making this an even more compelling opportunity for serious buyers. Detailed zoning regulations and development guidelines are readily available upon request. This is a rare chance to acquire a substantial parcel of land with significant development potential in a highly sought-after location. Act quickly to secure this exceptional investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.