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706 Washington Ave - Towson Lofts 0.26 Acres of Commercial Land Offered at $6,500,000 in Towson, MD 21204
Investment Highlights
- Walkable to everything
- Shovel ready
- Fills a student housing shortage
Executive Summary
Highly desirable location for student housing in a high demand corridor. Just blocks from Towson Town Center and the Towson University campus.
Property Facts
| Price | $6,500,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.26 AC |
| Property Type | Land | ||
| Zoning | BMCT - Business Major—large scale commercial. | ||
| Price | $6,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.26 AC |
| Zoning | BMCT - Business Major—large scale commercial. |
1 Lot Available
Lot
| Price | $6,500,000 | Lot Size | 0.26 AC |
| Price Per AC | $24,837,600.31 |
| Price | $6,500,000 |
| Price Per AC | $24,837,600.31 |
| Lot Size | 0.26 AC |
Graded and gently sloping.
Description
Shovel ready 16 story student housing community project will comprise an estimated 104,700 net rentable area, 142 units and 344 beds with ground and second floor parking. Tis site places a future development within easy walking distance of Towson University's main campus, surrounded by retail, dining, transit and all the amenities that today's student renters expect.
Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 09-0920000240 | Improvements Assessment | $1,300 |
| Land Assessment | $3,314,600 | Total Assessment | $3,315,900 |
Property Taxes
Parcel Number
09-0920000240
Land Assessment
$3,314,600
Improvements Assessment
$1,300
Total Assessment
$3,315,900
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706 Washington Ave - Towson Lofts
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