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P365 Old Columbia Pike
Burtonsville, MD 20866

Land For Sale · 11.14 AC

Investment Highlights

  • 11.14 acre parcel of land.
  • Ideal for developing two single family homes.

Executive Summary

Minimum Bid $1,050,000. This sale is being conducted by Order of the U.S. Bankruptcy Court for the District of Maryland (Greenbelt Division) in Case No. 21-10491-MCR Chapter 11 (Burtonsville Crossing, LLC, Debtor) and Case No. 21-10492-MCR Chapter 11 (Elderhome Land, LLC, Debtor), Jointly Administered Under Case No. 21-10492 MCR.
Bids must be received on or before the deadline of February 14, 2025 at 5 p.m. (CT) and must be submitted on the Purchase and Sale Agreement provided here along with proof of sufficient funds. Bids should be submitted to Diana Peterson via email at dianap@awproperties.com.
The successful bidder and back-up bidder shall both be required to post a non-refundable good faith deposit, with no financing or inspection contingencies. The successful buyer shall close within seven (7) business days after Court approval of the sale and any stay of such order shall be waived.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 11.14 AC

1 Lot Available

Lot

Price $1,050,000
Price Per AC $94,255
Lot Size 11.14 AC

11.14 acre parcel of land on the east side of Old Columbia Pike, west of Route 29 (Columbia Pike) and north of Spencerville Road (Route 198) in the Burtonsville area of Montgomery County.

Description

This approx. 11.14 acre parcel of land located at P365 Old Columbia Pike, Burtonsville, MD 20866 on the east side of Old Columbia Pike, west of Route 29 (Columbia Pike) and north of Spencerville Road (Route 198) in the Burtonsville area of Montgomery County is ideal for developing two single family homes.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-00272438
Land Assessment
$162,600
Improvements Assessment
$0
Total Assessment
$162,600

zoning

Zoning Code RC (Rural Cluster)
RC (Rural Cluster)
  • Listing ID: 34284414

  • Date on Market: 12/24/2024

  • Last Updated:

  • Address: P365 Old Columbia Pike, Burtonsville, MD 20866

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