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    9323 New Hope Rd Willards, MD 21874

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    For Sale
    $449,000

    Agricultural land with income and development possibilities in Willards, MD.

    Lot size:
    88.60 Acres

    Property Features for 9323 New Hope Rd

    General Information

    Lot size
    88.60 Acres

    Source: SVN - Miller | Salisbury Agent Allison Conick

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Farmland with Development Potential

    This property consists of farmland, with over 60 acres currently in crops under a verbal lease. The land is available for farming activities by the next buyer in 2025. The current farm tenant pays a percentage of gross income to the owner, with the owner receiving $8,800 in rental income last year. Any rents paid will be pro-rated at settlement. There is a trailer on the property with a transferable lease, and the tenant could vacate upon the sale of the property. The soils are mostly Lenni sandy loam and Corsica mucky loam. Refer to the plat for the perc sites on both Tingle and New Hope Road. The property is located on New Hope Road in Willards, Maryland.
    Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Auto Repair Shop Pharmacy Electrical Service Wine and Liquor Store Cosmetics Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Willards
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.3891747
    Latitude
    38.4470606

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    FAQs

    What type of property is this?
    Farm - Agricultural land with income and development possibilities in Willards, MD.
    Where is this farm located?
    The property is located at 9323 New Hope Rd Willards, MD.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: - 60+ acres currently in crops, ready for farming in 2025.; - Potential rental income from existing farm tenant (last year $8,800).; - Trailer on property with transferable lease.
    (443) 365-2240
    Request Owner's contact information
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    Willards, MD 21874
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    Realmo Value Estimation

    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.

    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.

    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
    9323 New Hope Rd Willards, MD 21874
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