Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Wooded Land Parcel in Manchester Title is generated by Realmo AI

    LT - 15.088 ACS OF EBBVALE RD CLARK PROPERTY, Manchester, MD 21102

    View on Map
    Claim this Listing
    For Sale
    $475,000

    LAND - MANCHESTER, MD

    Lot size:
    15.09 Acres
    Added:
    Mar 28, 2026
    Days on Market:
    55
    Last Refresh:
    May 21 at 10:06 pm

    Property Features for LT - 15.088 ACS OF EBBVALE RD CLARK PROPERTY

    General Information

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

    Taxes and HOA fees

    Tax Annual Amount
    1925

    We can help!

    Listing Contact
    Michelle Guarino
    Michelle Guarino

    Listing agent Michelle Guarino License #678949

    Listing office Hyatt & Company Real Estate, LLC 6095 Marshalee Drive unit: 105, Elkridge, MD

    Listing date Mar 28, 2026

    MLS# MDCR2033492 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

    • 15.088‑acre wooded lot offering privacy and space
    • Approved perc test results, ready for building
    • Enrolled in Forest Conservation, balancing nature and construction
    • Co‑Op with Caruso Homes for new construction opportunity
    • 31 customizable home models available
    • Serene, natural setting ideal for a private retreat or family estate

    Overview

    This 15.088-acre wooded lot offers a blend of tranquility and potential. Nestled in a serene natural setting, the property is suited for building a home. The parcel has approved perc test results and is enrolled in Forest Conservation, with an allotted area available for construction. The property is also listed as a Co-Op with Caruso Homes for a new construction opportunity, offering 31 customizable models that can be built on the lot. This scenic property can be used for a private retreat, family estate, or forever home.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Manchester
    County
    Carroll
    State
    Maryland
    Longitude
    -76.905316
    Latitude
    39.677278

    Nearby Similar for Sale

    • $1,200,000

      Prime Commercial Land Opportunity

      4.5+ acre C-3 zoned commercial property off Hanover Pike.
      LOT 2B EBBVALE RD, MANCHESTER, MD 21102
      View Details
    • $475,000

      Detached Commercial Building with Salon

      Versatile, renovated commercial building currently operating as a salon.
      3272 Main St, MANCHESTER, MD 21102
      View Details
    • $4,000,000

      Versatile Commercial Property on Hanover Pike

      10.48-acre commercial property with high traffic exposure.
      4028 HANOVER PIKE, MANCHESTER, MD 21102
      View Details
    • $4,000,000
      16,000 SF

      Commercial Property with High Traffic Exposure

      10.48-acre commercial property with C-3 zoning and five buildings.
      4028 HANOVER Pike, Manchester, MD 21102
      View Details
    • $1,200,000

      Prime Commercial Land Opportunity

      4.5+ acre C-3 zoned commercial property for sale.
      Lot 2B EBBVALE Rd, Manchester, MD 21102
      View Details
    • $869,000
      3,388 SF

      Turnkey Farmette with Custom Home

      Farmette with custom log home, barn, and functional outbuildings.
      1720 E Deep Run Rd, MANCHESTER, MD 21102
      View Details
    • $175,000

      8.54 Acre Homesite in Manchester

      Ready-to-build homesite with well and approved perc areas.
      LINEBORO Road, MANCHESTER, MD 21102
      View Details
    • $179,900

      Wooded Land in Manchester, MD

      5.97-acre wooded lot with stream and deeded rights-of-way.
      PULLMAN DR, MANCHESTER, MD 21088
      View Details
    • $695,000
      2,283 SF

      Restored Farmhouse on 20 Acres

      Charming, restored 1800s log home with pond and streams.
      3200 Ferrier Rd, MANCHESTER, MD 21102
      View Details
    • $774,900
      2,688 SF

      Land Parcel in Manchester, MD

      Land available in Manchester, Maryland.
      4801 Wentz Rd, MANCHESTER, MD 21102
      View Details
    • $149,900

      Land for Sale

      Land available in Manchester, Maryland.
      Lot 1 Water Tank Rd, Manchester, MD 21102
      View Details
    • Contact for pricing
      16,450 SF

      Versatile Commercial Property on Hanover Pike

      10.48-acre commercial property with high visibility and redevelopment potential.
      4028 Hanover Pike, Manchester, MD 21102
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 15.08 acre wooded lot with building potential.
    Where is this residential land & home lot located?
    The property is located at LT - 15.088 ACS OF EBBVALE RD CLARK PROPERTY Manchester, MD.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: 15.088‑acre wooded lot offering privacy and space; Approved perc test results, ready for building; Enrolled in Forest Conservation, balancing nature and construction
    (443) 271-4997
    We can help!
    Listing Contact
    Michelle Guarino
    Michelle Guarino
    Real Estate License ID: 678949
    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
    LT - 15.088 ACS OF EBBVALE RD CLARK PROPERTY, MANCHESTER, MD 21102
    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!