Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11715 ARIES DRIVE Fort Washington, MD 20744

    View on Map
    For Sale
    $720,000

    Lots/Land/Farm - FORT WASHINGTON, MD

    Type:Farm
    Lot size:
    5.01 Acres
    Added:
    Oct 24, 2024
    Days on Market:
    525
    Last Refresh:
    Apr 1 at 5:06 am

    Property Features for 11715 ARIES DRIVE

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Lot size
    5.01 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    2210

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Iletha Jones

    Listing agent Iletha Jones

    Listing office Waldorf 2971 Festival Way, MD

    Listing date Oct 24, 2024

    MLS# MDPG2130360 Listing URL

    Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land in Fort Washington, MD

    This 5.01-acre land parcel is located in Fort Washington, Maryland. The property, zoned RR, offers a setting minutes from National Harbor. Boundary survey is available. Public water and sewer hook-ups are available. Multiple buildable lots can be subdivided. Livingston Road Lot is included in the sale price. The property is suitable for building a dream home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Fort Washington
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.99455
    Latitude
    38.73333

    Nearby Similar for Sale

    • $175,000

      Residential Land in Established Community

      0.7 acre lot for custom home in Fort Washington.
      211 LISMORE Drive, FORT WASHINGTON, MD 20744
      View Details
    • $400,000

      Fort Washington Land Opportunity

      Two joint lots totaling 4.41 acres in Fort Washington, MD.
      12110 LIVINGSTON Road, FORT WASHINGTON, MD 20744
      View Details
    • $735,000

      9.75 Acres Near National Harbor

      Land with development potential near National Harbor and Washington, DC.
      10125 ALLENTOWN Road, FORT WASHINGTON, MD 20744
      View Details
    • $99,000

      Vacant Lot in Fort Washington

      18,520 SF vacant lot with easy access to amenities.
      E SWAN CREEK Road, FORT WASHINGTON, MD 20744
      View Details
    • $795,000

      Development Land in Fort Washington

      Development opportunity with subdivision potential in Fort Washington, Maryland.
      ALLENTOWN Road, FORT WASHINGTON, MD 20744
      View Details
    • $199,000

      Waterfront Community Building Lot

      Build your dream home in an exclusive waterfront community.
      12304 HATTON POINT Road, FORT WASHINGTON, MD 20744
      View Details
    • $51,000

      Wooded Lot Near Washington DC

      1.3-acre wooded lot, ideal for building a dream home.
      9903 ALLEN GAYLE Drive, FORT WASHINGTON, MD 20744
      View Details
    • $250,000

      7.06 Acres in Fort Washington

      Pristine, wooded 7.06 acre lot in Fort Washington, MD.
      OLD PALMER Road, FORT WASHINGTON, MD 20744
      View Details
    • $9,950,000

      Waterfront Estate on Potomac River

      29-acre waterfront estate with 1,500+ feet of shoreline.
      11305 RIVERVIEW Road, FORT WASHINGTON, MD 20744
      View Details
    • $179,000

      Land in Fort Washington, MD

      2.93-acre lot with city water and sewer connections.
      8703 PAMPER Lane, FORT WASHINGTON, MD 20744
      View Details
    • $1,400,000

      Fort Washington Land with Views

      13.77 acres in Fort Washington with water views.
      10807 RIVERVIEW Road, FORT WASHINGTON, MD 20744
      View Details
    • $49,000

      Fort Washington Wooded Land Parcel

      1.27-acre wooded lot near National Harbor and Washington, D.C.
      7013 NOAH Drive, FORT WASHINGTON, MD 20744
      View Details

    FAQs

    What type of property is this?
    Land - 5.01 acre land parcel in Fort Washington, Maryland.
    Where is this land located?
    The property is located at 11715 ARIES DRIVE Fort Washington, MD.
    What is the asking price?
    The asking price for this property is $720,000.
    What are key features of this property?
    This property features: Multiple Buildable Lots: Offers flexibility for development and potential subdivision.; Prime Location: Situated in Fort Washington, just minutes from National Harbor.; Development Potential: Zoned RR, making it ideal for developers.
    (888) 536-0216
    We can help!
    Listing Contact
    Iletha Jones
    Real Estate License ID: SP96100
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!