News
LAND LESSONS- What is the Maryland Agriculture Recapture Tax?
In an effort to promote the raising of livestock or the growing of agricultural outputs such as grains, nuts, fruits and vegetables, Maryland assesses land used for productive agriculture at a lower taxable value. This yields the tax on a farmer’s field in the hundreds of dollars rather than thousands of dollars compared if the…
Read MoreLAND LESSONS- Phase One Environmental Site Assessment
What is a Phase One Environmental Site Assessment? You’re a developer searching for a great site for a residential community driving a road you seldom drive. You see water and sewer lines being installed, new homes under construction, as well as a new grocery-anchored shopping center. A mile down the road, you see a homemade “For…
Read MoreLAND LESSONS- What is Lot Line Adjustment?
What is lot line adjustment? A lot line adjustment is the process that involves altering the property lines of existing parcels of land in order to create two or more properties with different legal property boundaries than before the adjustment. Depending on local regulations one may merge up to 4 adjoining parcels into one single…
Read MoreLAND LESSONS- What is an Acre?
What is an Acre? Acre comes from a term used in the Middle Ages meaning how much land a man could plough with a team of oxen during a single day – sun up to sun down. It is traditionally defined as the area of one chain by one furlong (66 by 660 feet), which is…
Read MoreCitybiz Interview with Stephen J. Ferrandi, President of Empire Argenti Companies
By Edwin Warfield Career | You’ve done a lot of things in your 56 years – left home at the age of 14 to and studied for five years to be a Catholic priest, started a magazine publishing business at the age of 19, renovated churches and synagogues at the age of 26 and became a…
Read More759-unit housing development in the works near White Marsh Mall
By Melody Simmons Baltimore Business Journal A 759-unit development is in the works for a large parcel of mostly undeveloped land near White Marsh Mall in eastern Baltimore County. The 125-acre Villages at White Marsh will sit off Bucks School House Road and Perry Hall Boulevard, about two miles off Interstate 95, and stretch north…
Read MoreMaryland Land Advisors to Create a 360-Unit Residential Project from the 135- Acre Unger Farm in Hagerstown
Stephen J. Ferrandi, President of Maryland Land Advisors, is proud to announce that his firm has been awarded the assignment to entitle and sell residential building lots from the 135-acre Unger Farm. The project, to be developed as Virginia Commons, will consist of single-family detached and duplex homesites, and a large community park or common…
Read MoreMaryland Land Advisors Brokers McCormick Place – 62-lots in Rosedale
Maryland Land Advisors hired by Saturn Universal, a Baltimore-based financial firm to handle the disposition of a 62-lot subdivision taken back in foreclosure. The property consisting of 53 townhome lots and 9 single-family detached lots is located off of McCormick Avenue in Rosedale. The subdivision is fully entitled, and awaiting a buyer to begin the…
Read MoreMillville by the Sea
Maryland Land Advisors sells Millville by the Sea: Planned for 2,000 total lots Maryland Land Advisors is pleased to announce the sale of more than 440 acres of residential land within a master planned community located in Millville, Delaware through its sister company Delaware Land Advisors. This assemblage of land was an asset of the…
Read MoreLots of Trouble
Selling vacant land becomes a struggle in down market Ryan Sharrow Baltimore Business Journal The Diamond Group has cut its asking price for a 2-acre lot in the city’s Morrell Park neighborhood in half. The lot has room for 20 new townhomes. Anne Arundel County home builder William Douglas Homes has four parcels of vacant…
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