Beall Drive, Frederick, MD 21704

Property Description

Rare find - a wooded 5 acre lot available in the Oakdale school district. Perc test approved for a trench septic system (not a sand mound) which can support a 4 bedroom home; existing well is 200' deep and yields 10 GPM. NO covenants, NO HOA, NO city property taxes. Rural and scenic location but convenient to retail and employment centers: less than 4 miles to the heart of historic downtown Frederick, 1 mile to Pinecliff Park, 3 miles to I-70 interchange, 7 miles to Urbana and I-270 interchange. This lot is currently platted as an outlot (see plat in documents). A subdivision plat will need to be recorded in the land records prior to submitting an application for a building permit . Estimated total cost to complete and record the subdivision plat is $25k and time to complete is 6 months. Current estimated lot value after subdivision plat is recorded is $275,000. Listing price has been discounted appropriately to compensate Buyer for future costs, time and effort; listing price also reflects Seller's willingness to entertain a short study period, but not a plat approval contingency. Buyer solely responsible for all due diligence. Maryland Realtor forms only.