Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Shovel Ready Permit Approved Lot Title is generated by Realmo AI

    16307 AYRWOOD Lane, Bowie, MD 20716

    View on Map
    Claim this Listing
    For Sale
    $185,000

    LAND - BOWIE, MD

    Lot size:
    0.46 Acres
    Added:
    Mar 27, 2026
    Days on Market:
    63
    Last Refresh:
    May 28 at 4:06 pm

    Property Features for 16307 AYRWOOD Lane

    General Information

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

    Taxes and HOA fees

    Tax Annual Amount
    1162

    We can help!

    Listing Contact
    Alicia Hines

    Listing agent Alicia Hines License #0625405

    Listing office Taylor Properties 175 Admiral Cochrane Drive unit: 112, Annapolis, MD

    Listing date Mar 27, 2026

    MLS# MDPG2195728 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

    • $700,000 in Equity Potential: Opportunity to build a new construction home with significant built‑in equity.
    • Shovel‑Ready & Permit Approved: All necessary permits and floor plans are already approved, allowing for immediate construction.
    • Public Utilities Ready: Water, sewer, electricity, and gas are already approved and on the land, simplifying the building process.
    • Flexible Construction Options: Option to use your own contractors or utilize the seller's construction crew at cost.
    • Multi‑Generational Home Design: Approved floor plans accommodate a large 4‑7 bedroom house with 3.5‑5 bathrooms and a 2‑car garage.
    • No HOA: Freedom from HOA restrictions in an established community.

    Overview

    This 0.4601-acre lot, located in an established community, is shovel-ready with approved permits for a multi-generational new construction house. The land is flat and partially cleared. Public utilities, including water, sewer, electricity, and gas, are already approved and available on the land. There is no HOA. The approved floor plan allows for a 4 to 7-bedroom house with 3.5 to 5 bathrooms and a 2-car garage. The property is suited for investors or those looking to build a dream home. The land is available with building permit approvals and approved floor plans. Construction loan lenders are available. Additional lots with permits and approved floorplans are also available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Bowie
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.72183
    Latitude
    38.9168

    Nearby Similar for Sale

    • $899,000

      Land For Sale, Bowie, MD

      3.71 acre commercial land available in Bowie, Maryland.
      4705 ENTERPRISE Road, BOWIE, MD 20720
      View Details
    • $750,000

      Commercial Unit on Annapolis Road

      Commercial unit on Annapolis Road in Bowie, Maryland for sale.
      13617 ANNAPOLIS Road, BOWIE, MD 20720
      View Details
    • $600,000

      Large Level Lot in Bowie

      3.84 acre lot near Freeway Airport.
      3704 CHURCH Road, BOWIE, MD 20721
      View Details
    • $515,000
      2,176 SF

      Spacious Bowie Single-Family Home

      Four-bedroom, 2.5-bath home near shopping, dining, and commuter routes.
      1111 KINGS HEATHER Drive, BOWIE, MD 20721
      View Details
    • $299,995

      Bowie Business District Office Space

      Centrally located office with four offices and reception area.
      3060 MITCHELLVILLE Rd 6-A, Bowie, MD 20716
      View Details
    • $225,000

      8+ Acre Wooded Lot

      Wooded 8+ acre lot near DC, Baltimore, and Annapolis.
      HIDEOUT Lane, BOWIE, MD 20716
      View Details
    • $185,000

      Residential Lot in Bowie, MD

      2.08-acre residential lot in a picturesque Bowie neighborhood.
      13314 FOREST Drive, BOWIE, MD 20715
      View Details
    • $599,999

      Residential Land in Bowie, Maryland

      6.99 acres of residential land for sale in Bowie.
      CHURCH Road, BOWIE, MD 20721
      View Details
    • $3,750,000
      8,533 SF

      Bowie Retail Investment Opportunity

      Freestanding retail property in Bowie, MD with established tenants.
      15704 Mount Oak Road, Bowie, MD 20716
      View Details
    • $1,079,000

      Development-Ready Land in Bowie, MD

      6-acre parcel in Bowie, MD, ideal for single-family homes.
      8401 SPRINGFIELD Road, BOWIE, MD 20720
      View Details
    • $300,000

      Land in Bowie, Maryland

      Prime real estate for development in the heart of Bowie.
      CHURCH Road, BOWIE, MD 20720
      View Details
    • $1,300,000
      19,545 SF

      Redevelopment Assemblage in Old Town

      1.6 acre commercial land assemblage in historic Old Town Bowie.
      13005 - 13009 9th St, Bowie, MD 20720
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Permit-approved lot ready for multi-generational new construction.
    Where is this residential land & home lot located?
    The property is located at 16307 AYRWOOD Lane Bowie, MD.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: $700,000 in Equity Potential: Opportunity to build a new construction home with significant built‑in equity.; Shovel‑Ready & Permit Approved: All necessary permits and floor plans are already approved, allowing for immediate construction.; Public Utilities Ready: Water, sewer, electricity, and gas are already approved and on the land, simplifying the building process.
    (301) 523-8781
    We can help!
    Listing Contact
    Alicia Hines
    Real Estate License ID: 0625405
    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
    16307 AYRWOOD Lane, BOWIE, MD 20716
    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!