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

    ORCHARD RIDGE Road Hancock, MD 21750

    View on Map
    For Sale
    Under Contract
    Contact for pricing

    LAND - HANCOCK, MD

    Lot size:
    0.92 Acres
    Added:
    Feb 4, 2026
    Days on Market:
    56
    Last Refresh:
    Apr 1 at 1:06 pm

    Property Features for ORCHARD RIDGE Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    Lot size
    0.92 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    458

    We can help!

    Listing Contact
    Floretta M Davis

    Listing agent Floretta M Davis License #582030

    Listing office Samson Properties 16701 Melford Boulevard unit: 100, Chantilly, MD

    Listing date Feb 4, 2026

    MLS# MDWA2033932

    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.

    Overview

    Vacant Land in Hancock, MD

    This 0.97-acre vacant lot is located in Washington County. The property offers possibilities for a custom home build, farmland use, or residential or commercial development. Buyers should verify zoning. The property offers space, flexibility, and potential in a growing area with convenient access to major routes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Hancock
    County
    Washington
    State
    Maryland
    Longitude
    -78.089912
    Latitude
    39.681226

    Nearby Similar for Sale

    • $760,000

      Hancock Farmette with Mountain Views

      Charming 3BR farmette on 7.49 acres with mountain views.
      14637 BAIN RD, HANCOCK, MD 21750
      View Details
    • $625,000

      Hancock Restaurant with Apartment Options

      Restaurant with apartments near Route 70 and C&O Canal.
      200 E MAIN ST, HANCOCK, MD 21750
      View Details
    • $625,000

      Restaurant with Apartments in Hancock

      Restaurant with three apartments, ideal location near Route 70.
      200 E MAIN ST, HANCOCK, MD 21750
      View Details
    • $185,000

      Hancock Multi-Unit Investment Opportunity

      Multi-unit property in Hancock, MD, ideal for renovation and customization.
      212 TERRACE ST, HANCOCK, MD 21750
      View Details
    • $750,000

      Secluded Wooded Mountain Hunting Land

      75+ acres of private hunting land near Woodmont State Game Land.
      PORTER'S Lane, HANCOCK, MD 21750
      View Details
    • $634,900
      2,812 SF

      Equestrian Property with Mountain Views

      Turn-key horse property with resort-style living on 5 acres.
      14507 Heavenly Acres Rdg, HANCOCK, MD 21750
      View Details
    • $350,000
      5,300 SF

      Hancock Commercial Building with Potential

      Versatile commercial building in Hancock, MD, ready for custom buildout.
      15-19 W MAIN STREET, HANCOCK, MD 21750
      View Details
    • $760,000
      2,352 SF

      Charming Farmette with Mountain Views

      7.49 acre farmette with mountain views and outbuildings.
      14637 Bain Rd, HANCOCK, MD 21750
      View Details
    • $575,000

      Picturesque Agricultural Land with Views

      94.65 acres with ponds, outbuildings, and mountain views.
      13042 WOODMONT ROAD, HANCOCK, MD 21750
      View Details
    • $625,000

      Triangle Restaurant Building For Sale

      Restaurant building with apartments, ideal location, many options.
      200 E Main St, HANCOCK, MD 21750
      View Details
    • $2,600,000

      Undeveloped Land Near I-70 Interchange

      64.4 acres of commercial land with utilities access agreement.
      14732 Warfordsburg Rd, HANCOCK, MD 21750
      View Details
    • $330,000

      35.7 Acres Land Opportunity

      35.7 acres of land for sale in Hancock, MD.
      4014 Resley Rd, HANCOCK, MD 21750
      View Details

    FAQs

    What type of property is this?
    Commercial land - 0.97-acre vacant lot suitable for residential or commercial development.
    Where is this commercial land located?
    The property is located at ORCHARD RIDGE Road Hancock, MD.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Large 0.97‑acre vacant lot, ideal for your dream project.; Ideal for custom home build.; Potential for farmland use.
    (301) 640-1978
    We can help!
    Listing Contact
    Floretta M Davis
    Real Estate License ID: 582030
    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!