21344 Pegg rd
Great Mills, MD 20634

22-Acre Multifamily Development Opportunity in Lexington Park/ Great Mills Maryland located within 2.5 miles of Patuxent River Naval Base. Unlock massive value with this 22-acre contiguous parcel of raw residential land, perfectly positioned for high-density multifamily, apartment complex, or townhome development. With strong demand for housing in the Southern-Maryland corridor, this expansive tract offers developers a blank canvas to design a premier residential community in a high-growth market. Investment & Development Highlights Optimal Scale: 22 contiguous acres providing ample space for horizontal development, community amenities, and green spaces. Density Potential: MXM zoning. Zoned for  mid-rise apartments, garden-style units, or high-density townhomes. Market Demand: Ideally situated in a supply-constrained area experiencing strong job growth and sustained tenant demand. Accessibility & Frontage: Excellent road frontage on Great Mills Road-Chancellors Run Road and Peggs Road with easy ingress and egress. 5 minute drive time to Patuxent River Naval Base, simplifying future resident commutes. Proximity to Amenities: Conveniently located near major retail centers, schools, healthcare facilities, and public transportation hubs. Utility & Site Information Water & Sewer: [Insert utility status, e.g., Public water and sewer connections are available at the street lines. Electricity & Gas: on site. Topography: Gently rolling terrain with vast areas of minor clearing, high, and dry land, minimizing heavy site-prep costs. Environmental: [Insert environmental status, e.g., Clean Phase I environmental assessment on file. The Location is situated  within 2.5 miles from Patuexent River Naval Base and shopping corridor is in very close proximity. Ryan homes just completed a townhouse community near by in 2018 and Ryland Homes completed a townhouse community in 2009. Asking Price: $4,500,000. Due Diligence: Preliminary surveys and zoning summaries are available upon request. Sellers is open to feasibility periods for entitlements or straight cash sales. For more information, to request a comprehensive property data brochure contact Tom Devenney at 443-433-8903 or td1realestate@gmail.com.