5501 Mccormick AveBaltimore, MD 21206

Property Details for 5501 Mccormick Ave

Lot size

10.98 AC

Property type

Land

Description

This exceptional 10.98-acre property in Baltimore, Maryland, presents a remarkable investment and development opportunity. Located at 5501 McCormick Avenue, zip code 21206, this expansive parcel offers significant potential for various uses. The land comprises two parcels, currently featuring two existing houses, several garages, and vacant land with some tree lines at the rear. The property is tenant-occupied, providing immediate potential rental income. Its strategic location provides easy access to major transportation arteries, including Interstates 95 and 695, enhancing its appeal for developers and investors. Previous due diligence has already been conducted, including development concept design and soil studies. This comprehensive groundwork significantly streamlines the development process, reducing potential delays and costs. The property's size and location make it ideal for a variety of projects, including residential, commercial, or special-purpose developments, such as a place of worship, as previously considered. The asking price for this significant landholding is $1,399,000. This presents a rare chance to acquire a substantial parcel in a desirable location with a history of planning and analysis already completed. Serious inquiries are encouraged.

Location Insight

City

Baltimore

County

Baltimore

State

Maryland

Latitude

39.3375

Longitude

-76.5215

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].