84 Acre Development
For Sale
$2,500,000
Pending
264 Muddy Lane, Elkton, MD 21921
84-acre farm with high-density residential zoning near Elkton, MD.
Property SizeContact for details
Lot Size84.00 Acres
Days on Market1542
Property Features for 264 Muddy Lane
General Information
Standard status
Pending
Lot size
84.00 Acres
Property subtype
Land / Fee Simple
Zoning
RM
Taxes and HOA fees
Annual Taxes
$4,469
Amenities
Yes
Listing Agency:
Meredith Fine Properties
Listed By:
Jonathan T Ginn · License #47046
(410) 310-4966
Source:
Compass
Added: Jul 5, 2022
Changed: Sep 10
Last Checked: Sep 22 at 9:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Meredith Fine Properties
Investment Insights
Based on property information with market context.
This 84-acre farm, located northeast of Elkton, Maryland, presents a development opportunity with high-density residential zoning. The zoning allows for a mix of housing types, including single-family homes, duplexes, semi-detached houses, townhouses, and apartments. Potential density includes six single-family dwelling units per acre, ten duplex units per acre, twelve townhouse units per acre, and fourteen apartment units per acre.
Key Highlights
- High‑Density Residential Zoning: Allows for diverse housing types.
- Development Opportunity: 84‑acre farm ideal for residential development.
- High Density: Potential for single family, duplex, townhouse, and apartments.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Explore this area
Business Placement
Demographics for 21921, MD
44,983
Population
18,782
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
92%
High-School Grad
94.7 sq mi
ZIP Area
475
Density / Sq Mi
$84,608
Median Household Income
$48,300
Median Earnings
$1,413
Median Rent
$296,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - 84-acre farm with high-density residential zoning near Elkton, MD.
Where is this agricultural land / farmland located?
The property is located at 264 Muddy Lane Elkton, MD.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: High‑Density Residential Zoning: Allows for diverse housing types.; Development Opportunity: 84‑acre farm ideal for residential development.; High Density: Potential for single family, duplex, townhouse, and apartments.
