Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Frederick Land for Residential Development Title is generated by Realmo AI

    EDGEMONT Road, Frederick, MD 21702

    View on Map
    Claim this Listing
    For Sale
    $200,000

    LAND - FREDERICK, MD

    Lot size:
    5.80 Acres
    Added:
    May 31, 2025
    Days on Market:
    354
    Last Refresh:
    May 19 at 11:06 am

    Property Features for EDGEMONT Road

    General Information

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

    Taxes and HOA fees

    Tax Annual Amount
    1462

    We can help!

    Listing Contact
    Craig P Marsh

    Listing agent Craig P Marsh License #634396

    Listing office Marsh Realty 212 W PATRICK Street, FREDERICK, MD

    Listing date May 31, 2025

    MLS# MDFR2065184 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 5.8 acre lot offers ample space and privacy.
    • Convenient location near shopping, restaurants, and major highways.
    • Flat areas suitable for building.
    • Access to public water from Edgemont Rd.
    • Corner lot on Edgemont Rd & Old National Pike.
    • Mostly wooded lot.

    Overview

    This 5.8-acre lot is located at the corner of Edgemont Road and Old National Pike. The property has a U-shape and is mostly wooded, but includes flat areas suitable for construction. It will have access to public water from Edgemont Road. The property is located in Frederick, MD, close to shopping, restaurants, and major highways. The property does not have a septic system and is on restricted soil, which may affect building options. The lot is intended for residential use, offering the opportunity to build a custom home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Frederick
    County
    Frederick
    State
    Maryland
    Longitude
    -77.49259
    Latitude
    39.42762

    Nearby Similar for Sale

    • $3,250,000

      Frederick Office/Medical Building For Sale

      10,600 SF office/medical building with onsite parking and natural light.
      195 THOMAS JOHNSON Drive, FREDERICK, MD 21702
      View Details
    • $599,900
      1,960 SF

      Downtown Frederick Multifamily Investment

      Four-unit property in historic downtown Frederick, near shops and restaurants.
      209 DILL Avenue, FREDERICK, MD 21701
      View Details
    • $750,000
      2,420 SF

      Frederick Multifamily Turnkey Property

      Four-unit property near downtown Frederick with income potential.
      24 HAMILTON Avenue, FREDERICK, MD 21701
      View Details
    • $999,900

      28.47 Acre Residential Development Opportunity

      Residential land for sale in Frederick, MD.
      4734 TEEN BARNES Road, FREDERICK, MD 21703
      View Details
    • $419,999
      1,520 SF

      Frederick Office Suite For Sale

      Street-level office suite with tax benefits and modern design.
      6550 MERCANTILE Drive E, FREDERICK, MD 21703
      View Details
    • $789,900

      Downtown Frederick Office/Medical Space

      2,848 SF office/medical space in historic downtown Frederick.
      241 E 4TH Street, FREDERICK, MD 21701
      View Details
    • $3,250,000
      10,600 SF

      Freestanding Office/Medical Building For Sale

      10,600 SF office/medical building with on-site parking and natural light.
      195 THOMAS JOHNSON Dr, Frederick, MD 21702
      View Details
    • $585,000
      1,851 SF

      Luxury Office Condo in Frederick

      Class A office condo in vibrant Downtown Frederick location.
      50 Carroll Creek Way, Frederick, MD 21701
      View Details
    • $60,000

      Land in Frederick County

      1.72 acres of land with potential opportunities.
      ARABY CHURCH Road, FREDERICK, MD 21704
      View Details
    • $499,000

      Industrial Land in Frederick, MD

      2.61 acre industrial lot with development and income potential.
      4060 STANFORD Court, FREDERICK, MD 21703
      View Details
    • $631,250
      2,525 SF

      Downtown Frederick Office Space

      Unique office space in historic building with modern amenities.
      241 E 4th St #206, FREDERICK, MD 21701
      View Details
    • $395,000

      Frederick Land with Mountain Views

      7.2-acre Frederick land with pond, stream, mountain views.
      MASSER RD/ OPOSSUMTOWN PIKE, FREDERICK, MD 21702
      View Details

    FAQs

    What type of property is this?
    Land - 5.8 acre lot suitable for residential development near amenities.
    Where is this land located?
    The property is located at EDGEMONT Road Frederick, MD.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Large 5.8 acre lot offers ample space and privacy.; Convenient location near shopping, restaurants, and major highways.; Flat areas suitable for building.
    (301) 875-5978
    We can help!
    Listing Contact
    Craig P Marsh
    Real Estate License ID: 634396
    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
    EDGEMONT Road, FREDERICK, MD 21702
    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!