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    16-Acre Hunting and Recreational Land Title is generated by Realmo AI

    2839 LAKESVILLE CRAPO Rd, Church Creek, MD 21622

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    Claim this Listing
    For Sale
    $179,900

    Versatile hunting property with agricultural field and potential development opportunities.

    Type:Land
    Lot size:
    16.00 Acres
    Added:
    Apr 3, 2026
    Days on Market:
    61
    Last Refresh:
    Apr 3 at 5:27 pm

    Property Features for 2839 LAKESVILLE CRAPO Rd

    General Information

    Standard status
    Active
    Lot size
    16.00 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Brett Schrader
    Brett Schrader

    Listing agent Brett Schrader License #664616

    Listing office Taylor Properties

    Listing date Apr 3, 2026

    Source Elliman

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

    All listing content including descriptions, pricing, images are the copyrighted material of Taylor Properties

    HighLights

    • 16‑acre hunting property with diverse habitat for sika deer, whitetail deer, waterfowl, and turkeys.
    • Large agricultural field suitable for food plots or future impoundment to attract wildlife.
    • Existing electric service and septic system provide a head start for development. Condition unknown.
    • Ideal for creating a private hunting retreat, recreational land investment, or rural homestead.
    • Pond fishing available on the property.
    • Older mobile home on site provides existing infrastructure. Tear‑down.

    Overview

    This 16-acre hunting property features a large agricultural field, offering opportunities for planting food plots or creating an impoundment to attract wildlife. The diverse habitat supports hunting for sika deer, whitetail deer, waterfowl, and turkeys, along with pond fishing. An older mobile home, considered a tear-down, is present on the property and includes existing electric service and a septic system (condition unknown), offering potential for future building or campsite development. This property presents a unique opportunity for creating a hunting getaway, investing in recreational land, or developing a rural homestead.
    Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Church Creek
    County
    Dorchester
    State
    Maryland
    Longitude
    -76.1418842
    Latitude
    38.3446971

    Nearby Similar for Sale

    • $179,900

      Hunting Land with Development Potential

      15.78 acres of hunting land with existing infrastructure.
      2839 LAKESVILLE CRAPO Road, CHURCH CREEK, MD 21622
      View Details
    • $59,999

      Hoopers Island Building Lot

      High elevation building lot with well and septic system.
      2820 HOOPERS ISLAND Road, CHURCH CREEK, MD 21622
      View Details

    FAQs

    What type of property is this?
    Hunting land - Versatile hunting property with agricultural field and potential development opportunities.
    Where is this hunting land located?
    The property is located at 2839 LAKESVILLE CRAPO Rd Church Creek, MD.
    What is the asking price?
    The asking price for this property is $179,900.
    What are key features of this property?
    This property features: 16‑acre hunting property with diverse habitat for sika deer, whitetail deer, waterfowl, and turkeys.; Large agricultural field suitable for food plots or future impoundment to attract wildlife.; Existing electric service and septic system provide a head start for development. Condition unknown.
    (410) 490-6075
    We can help!
    Listing Contact
    Brett Schrader
    Brett Schrader
    Real Estate License ID: 664616
    Learn More
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    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.

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    2839 LAKESVILLE CRAPO Rd, Church Creek, MD 21622
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