12990 Dr Lusby, MD 20657
- Investment properties
- 1.39 lot acres
Current Use by Public Records
- Investment properties
Property Details for 12990 Dr
- Year built
- 1969
- Lot size
- 1.39 lot acres
- Property type
- Investment properties
Description
This exceptional 1.4-acre property in Lusby, Maryland presents a unique investment opportunity. Currently operating as a licensed daycare center with a capacity for 37 children, the building offers four classrooms, a full kitchen, and four bathrooms (one per classroom). A full, unfinished basement includes a toilet and shower, providing significant expansion potential. The building, a former single-family residence, underwent a conversion and expansion in 2015 under a special exception, allowing for easy reversion to residential use if desired. Situated in beautiful Southern Maryland, minutes from Historic Solomons Island, the Chesapeake Bay, and the Patuxent River, the property boasts superior site quality, location, and access, along with ample parking. Recent upgrades include a new roof (2020), a new well, and a new nitrogen septic system (installed in 2020 at a cost of $27,000) compliant with Critical Area Regulations and the Bay Restoration Fund. A new central heat pump/AC system ensures year-round comfort. The property's versatility, prime location, and recent improvements make it an ideal investment for a variety of uses, presenting endless possibilities in this highly desirable Southern Maryland region. The daycare business is included in the sale, offering immediate income potential. The asking price is $475,000.
Value Estimation
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Location Insight
- Map
- Local Demand
- City
- Lusby
- County
- CALVERT
- State
- Maryland
- Longitude
- -76.4333
- Latitude
- 38.3753
