Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land with Building Potential Title is generated by Realmo AI

    STEM Road, Union Bridge, MD 21791

    View on Map
    Claim this Listing
    For Sale
    $999,000

    LAND - UNION BRIDGE, MD

    Lot size:
    3.42 Acres
    Added:
    Dec 3, 2025
    Days on Market:
    185
    Last Refresh:
    Jun 6 at 6:06 pm

    Property Features for STEM Road

    General Information

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

    Taxes and HOA fees

    Tax Annual Amount
    1523

    We can help!

    Listing Contact
    Kim Barton

    Listing agent Kim Barton License #318128

    Listing office Keller Williams Legacy 1300 Bellona Avenue unit: D, Towson, MD

    Listing date Dec 3, 2025

    MLS# MDCR2031606 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

    • Elevated flat lot with beautiful views of rolling hills and farmland, partly wooded for privacy.
    • Rare opportunity to build a custom home on a perced lot with a drilled well.
    • Option to work with a local builder with over 35 years of experience.
    • Spacious, open concept home with options for a main level office/study and/or main level bedroom suite.
    • Substantial primary bedroom with massive walk‑in closet and spacious custom bath, plus optional sitting room.
    • Option to finish over 1,500 sqft in the lower level.

    Overview

    This 3.42-acre lot offers a rare opportunity to build a home with views of rolling hills and farmland. The property is partly wooded for privacy. The lot has been perced, and a well is already drilled. A local builder with over 35 years of experience is available to facilitate the construction process. The spacious, open-concept home design offers options for customization, suitable for both formal entertainment and a farmhouse aesthetic. Potential features include a kitchen with an expansive island and walk-in pantry, options for a main level office/study and/or main level bedroom suite, a drop zone, covered front porch, 2-story foyer, propane fireplace, dual zone heating and A/C, and luxury vinyl plank floors. The primary bedroom includes a walk-in closet and a custom bath, with an optional sitting room. There are four additional bedrooms on the same level, a large hall bath with double vanity, and a bedroom-level laundry. There is also an option for a main level bedroom and full bath. The lower level offers over 1,500 sqft that can be finished. The well's blown yield rate with the drill was 20 gpm, and the yield test produced 12 gpm, which was the maximum for the pump. The property is located in Union Bridge, MD.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Union Bridge
    County
    Carroll
    State
    Maryland
    Longitude
    -77.15279688
    Latitude
    39.56869987

    Nearby Similar for Sale

    • $1,500,000
      4,160 SF

      Turnkey Horse Property in Union Bridge

      14.57-acre horse property with barns, paddocks, and residential home.
      9630 Clemsonville Road, Union Bridge, MD 21791
      View Details
    • $785,000

      Picturesque Farmstead in Carroll County

      40.73-acre farmstead with a classic farmhouse in Carroll County.
      1309 TREVANION Road, UNION BRIDGE, MD 21791
      View Details
    • $225,000

      Land with Views and Well

      Elevated 3.42-acre lot with drilled well and views.
      285 STEM Road, UNION BRIDGE, MD 21791
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 3.42 acre lot ready for a custom home.
    Where is this residential land & home lot located?
    The property is located at STEM Road Union Bridge, MD.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: Elevated flat lot with beautiful views of rolling hills and farmland, partly wooded for privacy.; Rare opportunity to build a custom home on a perced lot with a drilled well.; Option to work with a local builder with over 35 years of experience.
    (443) 418-6491
    We can help!
    Listing Contact
    Kim Barton
    Real Estate License ID: 318128
    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
    STEM Road, UNION BRIDGE, MD 21791
    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!