Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1612 Ferguson Ln Fort Washington, MD 20744

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,450,000

    2.92 acres approved for landscape/nursery with office and residence.

    Lot size:
    2.92 Acres

    Property Features for 1612 Ferguson Ln

    General Information

    Standard status
    Active
    Lot size
    2.92 Acres

    Building Details

    Year built
    1959

    We can help!

    Listing Contact
    Rory P Coakley
    Rory P Coakley
    Source: Corcoran

    Listing Agency: RORY S. COAKLEY REALTY, INC. Listing Agent: Rory P Coakley

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

    Learn more

    Overview

    Land with Office and Residence

    This property features 2.92 acres of land approved for landscape and nursery operations and storage. It includes two separate stand-alone office and storage buildings. A two-story single-family home, totaling 2,596 square feet, is currently leased and provides steady income. The purchaser may convert the home to additional offices for the landscape operation, use it as an on-site residence, or provide residence for a key employee. An additional 6.8 acres of land is available for growing nursery stock, plants, and flowers.
    Location Intelligence

    Current Use by Public Records

    Evergreen Nursery Landscaping Sit Stay Productions Film Production

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Washington
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.98073
    Latitude
    38.7811515

    Nearby Similar for Sale

    • $9,950,000
      28.90 Acres

      Waterfront Estate on Potomac River

      29-acre waterfront estate with 1,500+ feet of shoreline.
      11305 Riverview Rd, Fort Washington, MD 20744
      View Details
    • $1,300,000

      Auto Repair Property With Residence

      Auto repair property with residence, perfect for small business.
      8501 Allentown Rd, Fort Washington, MD 20744
      View Details
    • $460,000

      Specialty Property for Sale

      Specialty property available for purchase.
      2508 Larry Ave, Fort Washington, MD 20744
      View Details
    • $389,000

      Fort Washington Specialty Property

      Specialty property available for sale in Fort Washington, MD.
      1916 Taylor Ave, Fort Washington, MD 20744
      View Details
    • $945,000

      Fort Washington Specialty Property

      Specialty property available for sale in Fort Washington, MD.
      12213 Firth Of Tae Dr, Fort Washington, MD 20744
      View Details
    • $625,000

      Fort Washington Specialty Property

      Specialty property available for sale in Fort Washington, MD.
      203 Bonhill Dr, Fort Washington, MD 20744
      View Details
    • $385,000

      Fort Washington Specialty Property

      Specialty property for sale in Fort Washington, Maryland.
      9209 Cross Bow Rd, Fort Washington, MD 20744
      View Details
    • $370,000

      Fort Washington Specialty Property

      Specialty property available for sale in Fort Washington, Maryland.
      9012 Doris Dr, Fort Washington, MD 20744
      View Details
    • $418,000

      Specialty Property for Sale

      Specialty property available for purchase.
      12217 Old Fort Rd, Fort Washington, MD 20744
      View Details
    • $399,000

      Lenham Drive Specialty Property

      Specialty property for sale in Fort Washington, Maryland.
      7513 Lenham Dr, Fort Washington, MD 20744
      View Details
    • $685,000

      Specialty Property for Sale

      Specialty property available for purchase.
      12021 Bion Dr, Fort Washington, MD 20744
      View Details
    • $350,000

      Fort Washington Property Near Outlets

      Excellent location near National Harbor and Tanger Outlets.
      13 Arthur Dr E, Fort Washington, MD 20744
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 2.92 acres approved for landscape/nursery with office and residence.
    Where is this agricultural land / farmland located?
    The property is located at 1612 Ferguson Ln Fort Washington, MD.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: - 2.92 acres approved for landscape/nursery operations and storage.; - Single-family home (2,596 sq ft) provides rental income or conversion potential (office/residence).; - Two separate office/storage buildings on-site.
    (301) 340-8700
    Request Owner's contact information
    1612 Ferguson Ln Fort Washington, MD 20744
    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.
    1612 Ferguson Ln
    Fort Washington, MD 20744
    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
    1612 Ferguson Ln Fort Washington, MD 20744
    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
    Rory P Coakley
    Rory P Coakley
    (301) 340-8700 (301) 370-0781
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!