MacRo LTD Blog

158 Acre AG Farm Sale Statistics

MacRo, Ltd. Real Estate Brokerage Services sells 158 acre agricultural farm near Sugarloaf Mountain.

Comus FarmMacRo, Ltd. is pleased to announce the sale of a large Montgomery County agricultural farm with an adjoining lot to a local family for non-development use.

Property Address: 17110 Comus Road, Dickerson, Maryland 20841

Lot Size:  158.42 acres plus 1.35 acre additional unperked parcel of land which included a small cemetery and remnants of a one room old country church.

Legal Description: Map DW22 Parcel P600

Final Listing Price: $1,649,000

Sale Price:  $1,349,000

Zoning:  AG – Agricultural

Easements:  The entire 158 acre parcel has been encumbered with a Montgomery County easement that restricts uses to agricultural, protects view sheds, restricts relocation of the existing dwelling, transferred all Transferable Development Rights (TDRs) to Montgomery County government, and therefore does not allow further subdivision or tenant houses.  Details of easement are available upon request.

Dwelling: Well maintained frame farm house built in 1900 with 2,719 Square Feet.

Other Improvements:  Bank barn in good condition, corn crib, smoke house, chicken coop and several other outbuildings. Well and Septic.

Closing Date:  June 26, 2012

The sale of this property was contingent on the inclusion of the adjacent adjoining 1.35 acre lot. For the purposes of settling an estate, the controlling trustee divided the values as follows: the 158 acre parcel sold at $1,200,000, and the 1.35 acre lot for $149,000.

The property was placed on the market in May 2011. There was consistent interest with an average of two showing per month.  An executed contract was achieved within thirteen months through W.C. & A. Miller, a Long and Foster Company.

Through this offering MacRo, Ltd. generated a large number of prospects interested in property available in the Dickerson/Comus/Barnesville areas.  So let us know if you are aware of any other properties for sale nearby!

One of the sellers of the farm acquired a residential condominium unit at Maxwell Place at 35 East All Saints Street in Frederick City.  The 2 bedroom corner unit is one of largest condominiums in the complex and has views overlooking the Carroll Creek Linear Park.  The sale price was $400,000 and also closed on June 26, 2012.  MacRo, Ltd. represented the buyer with Abby Zanger Sievers with Mackintosh, Inc., Realtors acting as the listing agent.

For more information on how MacRo, Ltd. Real Estate Brokerage Services may be able to assist you in the sale or leasing of your commercial or industrial property, contact Rocky Mackintosh at 301-748-5655 or rocky@macroltd.com.