Sign Up Successful!
You now have access to more from Realmo!
    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

    Walters Rd Edgewood, MD 21040

    Sponsored
    For Sale
    $150,000

    LAND - EDGEWOOD, MD

    Lot size:
    0.28 Acres
    Days on Market:
    1
    Last Refresh:
    Jan 23 at 11:06 pm

    Property Features for Walters Rd

    General Information

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

    We can help!

    Listing Contact
    Larry Cooper

    Alex Cooper Auctioneers, Inc. (410) 828-4838

    Listing agent Larry E Cooper (410) 828-4838 License #611887

    Listing date Jan 23, 2026

    MLS# MDHR2051092 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.

    Learn more

    Property Insight Report

    Overview

    Land in Water Privileged Area

    Five parcels of raw land are available for purchase in a water privileged area of Harford County, Maryland. The property, located in Edgewood, offers proximity to Flying Point Park, Otter Point, and Willoughby Beach. The total lot size is 0.28 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Edgewood
    County
    Harford
    State
    Maryland
    Longitude
    -76.25592
    Latitude
    39.43727

    Nearby Similar for Sale

    • Contact for pricing
      112,055 SF

      Edgewood Industrial Property with Cranes

      112,055 SF industrial building on 88.47 acres for sale.
      1401 Trimble Rd, Edgewood, MD 21040
      View Details
    • $595,000
      9,200 SF

      Retail Space in Edgewood, Maryland

      New retail space for sale in Edgewood, Maryland.
      505-511 Edgewood Rd, Edgewood, MD 21040
      View Details
    • $84,900

      Three-Bedroom Mobile Home for Sale

      Move-in ready three-bedroom mobile home with updated features.
      1873 Emily Dr, Edgewood, MD 21040
      View Details
    • $80,000

      Spacious Mobile Home in Harford

      Comfortable four-bedroom, two-bathroom mobile home in convenient location.
      1822 Emily Dr, Edgewood, MD 21040
      View Details
    • $610,000
      2,520 SF

      Edgewood Car Wash For Sale

      Operating car wash with real estate, fixtures, and equipment.
      2104 Pulaski Hwy, Edgewood, MD 21040
      View Details
    • $64,900

      Four Bedroom Home in Park

      Four-bedroom, two-bath home with community center and pool.
      2018 Kenny Ct, Edgewood, MD 21040
      View Details
    • $2,375,000
      13,204 SF

      Two-Story Office Building in Edgewood

      16,700 SF office building with space for lease.
      2700 Philadelphia Rd, Edgewood, MD 21040
      View Details
    • $425,000

      Service Warehouse with Office Space

      3,035 SF warehouse with office, drive-in doors, generator.
      405 Laburnum Rd, Edgewood, MD 21040
      View Details
    • $160,000

      Harford County Penthouse Condo

      Two-bedroom, two-bathroom penthouse condo with modern amenities.
      1301 Cedar Crest Ct, Edgewood, MD 21040
      View Details
    • $229,000

      Harford Square Drive Property

      Property for sale in Harford Square Drive, Edgewood, MD
      1454 Harford Square Dr, Edgewood, MD 21040
      View Details
    • $275,000

      Edgewood Specialty Property for Sale

      Specialty property available in Edgewood, Maryland for $275,000.
      2727 Beckon Dr, Edgewood, MD 21040
      View Details
    • $614,888

      Edgewood Specialty Property For Sale

      Specialty property available for purchase in Edgewood, Maryland.
      1207 Van Bibber Rd, Edgewood, MD 21040
      View Details

    FAQs

    What type of property is this?
    Land - Five parcels of raw land in Harford County for sale.
    Where is this land located?
    The property is located at Walters Rd Edgewood, MD.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Five parcels of raw land being sold together.; - Water privileged location in Harford County.; - Unbeatable proximity to Flying Point Park.
    (410) 828-4838
    Request Owner's contact information
    Walters Rd Edgewood, MD 21040
    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.
    Walters Rd
    Edgewood, MD 21040
    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
    Walters Rd Edgewood, MD 21040
    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

    We can help!
    Listing Contact
    Larry Cooper
    Real Estate License ID: 611887
    (410) 828-4838
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.