Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Perry Hall Homesite Opportunity Title is generated by Realmo AI

    3 MIA CT, Perry Hall, MD 21128

    View on Map
    Claim this Listing
    Picture of Residential land & home lots at 3 MIA CT, Perry Hall, MD
    For Sale
    $374,850

    LAND - PERRY HALL, MD

    Lot size:
    1.81 Acres
    Added:
    Mar 12, 2026
    Days on Market:
    85
    Last Refresh:
    Jun 4 at 5:06 pm

    Property Features for 3 MIA CT

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    1.81 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2013

    We can help!

    Listing Contact
    TRAVIS A OMOPARIOLA

    Listing agent TRAVIS A OMOPARIOLA License #667258

    Listing office VYBE Realty 502 Washington Avenue unit: 101, Phoenix, MD

    Listing date Mar 12, 2026

    MLS# MDBC2154824 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Large 1+ acre flat lot in desirable Perry Hall.
    • Public water and sewer already available at the lot.
    • No builder tie‑in: bring your own builder.
    • Located at the end of a quiet cul‑de‑sac for added privacy.
    • Level topography simplifies the building process.
    • Conveniently located near shopping, dining, schools, and major commuter routes.

    Overview

    This is an exceptional opportunity to build a dream home on a flat lot of over one acre. The property is located at the end of a quiet cul-de-sac in Perry Hall. This homesite offers the advantage of public water and sewer already available at the lot. There is no builder tie-in, offering flexibility in design and choice of builder. The lot's level topography is suitable for various home styles and simplifies construction. Situated in a private dead-end cul-de-sac, the property provides added privacy and minimal traffic, while remaining conveniently located near shopping, dining, schools, and major commuter routes. The lot size is 1.81 acres and is located in a highly desirable area. This is an opportunity to secure a premium homesite in Perry Hall and build a home in a peaceful, established setting.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Perry Hall
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.45488
    Latitude
    39.40818

    Nearby Similar for Sale

    • $199,900

      Perry Hall Land Opportunity

      Build your dream home in Perry Hall, Maryland.
      SILVER LAKE DR, PERRY HALL, MD 21128
      View Details
    • $375,000

      Residential Land in Perry Hall

      Over 1 acre lot ready for new home.
      5112 FORGE Road, PERRY HALL, MD 21128
      View Details
    • $349,850

      Residential Land in Perry Hall

      Ready-to-build lot in a desirable Perry Hall location.
      4 MIA CT, PERRY HALL, MD 21128
      View Details
    • $349,850

      Ready-to-Build Lot in Perry Hall

      Flat, build-ready lot with public utilities in a quiet cul-de-sac.
      2 MIA CT, PERRY HALL, MD 21128
      View Details
    • $364,850

      Perry Hall Build-Ready Homesite

      Flat, ready-to-build lot in Perry Hall with public utilities.
      6 MIA CT, PERRY HALL, MD 21128
      View Details
    • $369,850

      Perry Hall Build-Ready Homesite

      Flat, build-ready lot in Perry Hall with public utilities.
      5 MIA CT, PERRY HALL, MD 21128
      View Details
    • Contact for pricing

      Land Available in Perry Hall

      Land for sale at 9710 Belair Rd, Perry Hall, MD
      9710 Belair Rd, Perry Hall, MD
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Large lot ready to build with utilities in Perry Hall.
    Where is this residential land & home lot located?
    The property is located at 3 MIA CT Perry Hall, MD.
    What is the asking price?
    The asking price for this property is $374,850.
    What are key features of this property?
    This property features: Large 1+ acre flat lot in desirable Perry Hall.; Public water and sewer already available at the lot.; No builder tie‑in: bring your own builder.
    (443) 425-0787
    We can help!
    Listing Contact
    TRAVIS A OMOPARIOLA
    Real Estate License ID: 667258
    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

    Thank You for Inquiry
    3 MIA CT, PERRY HALL, MD 21128
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!