Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    411 PLEASANT VALLEY Rd Westminster, MD 21158

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,900,000

    42.24-acre land parcel with development potential.

    Type:Commercial
    Lot size:
    42.24 Acres
    Added:
    Apr 24, 2026
    Days on Market:
    15
    Last Refresh:
    Apr 24 at 5:39 pm

    Property Features for 411 PLEASANT VALLEY Rd

    General Information

    Standard status
    Active
    Lot size
    42.24 Acres
    Property subtype
    Commercial

    We can help!

    Listing Contact
    Donna Lynn Spataro

    Listing agent Donna Lynn Spataro

    Listing office

    Listing date Apr 24, 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 Donna Lynn Spataro

    HighLights

    • Expansive 42.24‑acre parcel offers significant development potential.
    • Prime location poised for growth and increasing demand for housing/recreational spaces.
    • Ideal for residential units, recreational retreat, or long‑term investment.
    • Potential for subdividing or developing.
    • Additional parcels available for enhanced investment strategy and scalability.
    • Opportunity to capitalize on the booming real estate market.

    Overview

    Expansive Land Parcel Opportunity

    This 42.24-acre parcel of land presents a development opportunity. The property is positioned to attract interest from various sectors, making it suitable for those looking to tap into the increasing demand for housing and recreational spaces. The location is poised for growth. The property offers possibilities for developing residential units or creating a recreational retreat. The potential for subdividing or developing is available. Additional parcels are available, allowing for greater flexibility and scalability. The bike score is 35, indicating it is somewhat bikeable. The walk score is 27, indicating car dependence, and the transit score is 0, indicating no nearby transit.
    Location Intelligence

    Current Use by Public Records

    Miller Contracting Construction Company

    Suggested Use

    Real Estate Agency Building Supply Dental Office Auto Repair Shop Kitchen & Bath Showroom Food Market HVAC Service Garden Center Pet Store Fish Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Westminster
    County
    Carroll
    State
    Maryland
    Longitude
    -77.0120359
    Latitude
    39.621994

    Nearby Similar for Sale

    • $599,500

      WESTMINSTER Office Building For Sale

      Renovated office building in the heart of Westminster, Maryland.
      611 NURSERY Road, WESTMINSTER, MD 21157
      View Details
    • $1,794,000

      Turnkey Restaurant Business Opportunity

      Profitable Italian restaurant business for sale in Westminster, Maryland.
      132 W MAIN Street, WESTMINSTER, MD 21157
      View Details
    • $599,500
      3,000 SF

      Renovated Office Building in Westminster

      Professional office space suitable for medical or commercial use.
      611 NURSERY Rd, Westminster, MD 21157
      View Details
    • $199,000

      Ready-to-Build Westminster Apartment Opportunity

      Approved lot for a 4-unit apartment building in Westminster.
      288 E MAIN Street, WESTMINSTER, MD 21157
      View Details
    • $1,750,000

      130-Acre Westminster Farm with Income Potential

      Rare 130-acre farm with two homes and multiple outbuildings.
      3026 MARSTON RD, WESTMINSTER, MD 21157
      View Details
    • $1,750,000

      130-Acre Westminster Farm with Income Potential

      130-acre farm with cropland, woodland, two homes, and outbuildings.
      3026 MARSTON RD, WESTMINSTER, MD 21157
      View Details
    • $235,000

      Residential Lot in Pool Ridge Estates

      1.2-acre lot in Carroll County, ready for your dream home.
      HAZELDYNE Court lot: 13, WESTMINSTER, MD 21157
      View Details
    • $34,995

      Westminster Land for Recreational Use

      0.56-acre property in Carroll County, MD, ideal for recreational use.
      55 GLEN Drive, WESTMINSTER, MD 21157
      View Details
    • $164,990

      Wooded Lot For Dream Home

      3.5 acre wooded lot ready for your dream home.
      2849 MANCHESTER Road, WESTMINSTER, MD 21157
      View Details
    • $999,000

      Land in Prime Carroll County

      Two lots totaling 33.72 acres in Westminster, Maryland.
      BEAR BRANCH Road, WESTMINSTER, MD 21157
      View Details
    • $290,000
      1,376 SF

      Well-Maintained Duplex in Westminster, MD

      Duplex with income potential and flexible living options.
      71 BOND Street, WESTMINSTER, MD 21157
      View Details
    • $299,000
      2,016 SF

      Westminster Religious Facility on 2.15 Acres

      2,016 SF religious facility on 2.15 acres in Westminster.
      346 OLD NEW WINDSOR Pike, Westminster, MD 21157
      View Details

    FAQs

    What type of property is this?
    Land - 42.24-acre land parcel with development potential.
    Where is this land located?
    The property is located at 411 PLEASANT VALLEY Rd Westminster, MD.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: Expansive 42.24‑acre parcel offers significant development potential.; Prime location poised for growth and increasing demand for housing/recreational spaces.; Ideal for residential units, recreational retreat, or long‑term investment.
    (410) 916-7090
    We can help!
    Listing Contact
    Donna Lynn Spataro
    Learn More
    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
    411 PLEASANT VALLEY Rd, Westminster, MD 21158
    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!