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

    830 CEDAR AVE Essex, MD 21221

    View on Map
    For Sale
    $185,000

    Lots/Land/Farm - ESSEX, MD

    Type:Farm
    Lot size:
    0.67 Acres
    Added:
    Jun 5, 2025
    Days on Market:
    308
    Last Refresh:
    Apr 8 at 8:06 pm

    Property Features for 830 CEDAR AVE

    General Information

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

    Taxes and HOA fees

    Tax Annual Amount
    775

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Sandra Hondroulis

    Listing agent Sandra Hondroulis

    Listing office Baltimore Regional Center 1312 Bellona Ave, MD

    Listing date Jun 5, 2025

    MLS# MDBC2126854 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

    Waterfront Lot on Muddy Gut

    Located at 830 Cedar Avenue in Essex, Maryland, this 0.67-acre waterfront lot resides on Muddy Gut. The partially wooded lot is ready for water and sewer hook up. The property offers opportunities for fishing, kayaking, and birdwatching. The building envelope is 40x30. There is no builder tie-in. The buyer is responsible for determining the need for flood insurance.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Building Supply Big Box & Wholesale Store Auto Repair Shop Kitchen & Bath Showroom Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Essex
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.4387
    Latitude
    39.2951

    Nearby Similar for Sale

    • $899,999
      9,668 SF

      Versatile Mixed-Use Property For Sale

      Mixed-use property with income potential, featuring residential and retail spaces.
      1700 OLD EASTERN Avenue, ESSEX, MD 21221
      View Details
    • $100,000

      Land Parcel in Essex, Maryland

      Unimproved 0.57-acre lot zoned RC-05 in Essex, Maryland.
      HOLLY NECK ROAD, ESSEX, MD 21221
      View Details
    • $1,350,000
      8,360 SF

      Retail Building with Long-Term Tenants

      Retail building for sale, 95% leased with value-add potential.
      404 Eastern Blvd, Essex, MD 21221
      View Details
    • $790,000

      Renovated Commercial Property in Essex

      Prime commercial property in a thriving business district, renovated in 2018.
      417 Eastern Blvd, ESSEX, MD 21221
      View Details
    • $49,000

      Established Asian Restaurant Business Opportunity

      Thriving Chinese restaurant business for sale with a 30-year legacy.
      1221 EASTERN Blvd, ESSEX, MD 21221
      View Details
    • $35,000

      Water View Lot in Essex

      Non-buildable waterfront land with potential uses to be confirmed.
      BEECHWOOD Avenue, ESSEX, MD 21221
      View Details
    • $299,900

      5 Acre Lot Ready

      5 acre lot ready for custom home or business!
      Parcel 943 Browns Rd, ESSEX, MD 21221
      View Details
    • $450,000

      Essex Land with Waterfront Potential

      Approximately 6.5 acres with waterfront potential in Eastern Baltimore County.
      SUE GROVE RD, ESSEX, MD 21221
      View Details
    • $275,000

      Commercial Lot in Essex, MD

      Vacant commercial lot in Essex, MD, zoned B.L.
      1907 Old Eastern, ESSEX, MD 21221
      View Details
    • Contact for pricing

      Acre of Land For Sale

      One acre of land in high-traffic area for sale.
      103 Ann Ave, Essex, MD
      View Details
    • Contact for pricing
      65,000 SF

      Former Church with Redevelopment Potential

      Essex property featuring three buildings, ample parking, and open grounds.
      714 Myrth Avenue, Essex, MD 21221
      View Details
    • Contact for pricing
      22,000 SF

      Freestanding Building For Sale

      22,000 SF freestanding building on 2.67 acres.
      8502 Kelso Dr, Essex, MD
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.67 acre waterfront lot ready for hook up.
    Where is this residential land & home lot located?
    The property is located at 830 CEDAR AVE Essex, MD.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: Waterfront lot on Muddy Gut; Generous .67 acre lot size; Ready for water and sewer hook up
    (888) 536-0216
    We can help!
    Listing Contact
    Sandra Hondroulis
    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!