RMX zoned 134 +/- Acres for sale. Concept plan already drawn up for 249 lots. Option for 130 single family homes and 119 town-homes. Great opportunity for development in rural location. Good for traffic to PAX River Naval Base; access to Route 5 North to Charles County, PG County and Washington DC. Close to shops (grocery stores, shopping centers, restaurants, gas stations, etc.)
The approximate monthly Principal & Interest payment for this property would be $22,557. This payment is based on a 30-year loan at a fixed rate of 4.40 % with a down payment of $500,000. Actual lender interest rates and loan programs may vary.
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