5170 Lake Ave Shady Side, MD 20764
This exceptional 1.9-acre vacant lot presents a unique opportunity in the desirable Shady Side, Maryland area of Anne Arundel County. Located at 5170 Lake Ave, this fee simple property is zoned R and offers significant potential for residential development. Situated just minutes from the Chesapeake Bay, residents will enjoy easy access to waterfront activities and the serene beauty of the area. The property's convenient location near W Shady Side Rd ensures easy commuting and access to local amenities. Currently vacant, this lot allows for immediate development plans. Real estate taxes are $3,297 annually. The property is sold free and clear of all liens, providing a streamlined purchase process. Prospective buyers are responsible for verifying all zoning regulations, permits, and usage restrictions independently. This property is being offered at $160,000. The lot is easily accessible for viewing at any time. A cash or certified funds deposit is required. This offering is subject to the terms and conditions outlined in Circuit Court for Anne Arundel County Case #C02CV24000498. Auction ID: A-000010476.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.