Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Unimproved Land For Sale Title is generated by Realmo AI

    572 EVERGREEN Ct, Lusby, MD 20657

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Unimproved land with development opportunities.

    Type:Land
    Lot size:
    0.39 Acres
    Added:
    Nov 27, 2025
    Days on Market:
    186
    Last Refresh:
    May 11 at 12:42 am

    Property Features for 572 EVERGREEN Ct

    General Information

    Standard status
    Active
    Lot size
    0.39 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Matthew A Burgan

    Listing agent Matthew A Burgan

    Listing office INFINITAS REALTY GROUP

    Listing date Nov 27, 2025

    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 INFINITAS REALTY GROUP

    HighLights

    • Unimproved land offers development opportunities.
    • Priced to sell below average price per acre.
    • Property ID: 054422
    • Lot 39
    • Block 25
    • Plat Ref: 7

    Overview

    This unimproved land, identified as Property ID 054422, Lot 39, Block 25, Plat Reference 7, presents a multitude of development opportunities based on the desired use. The property is priced to sell below the average price per acre.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Restaurant Auto Repair Shop Accounting Firm Department Store Hotel & Motel Discount Store Nursing Home Nursing Home Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Lusby
    County
    Calvert
    State
    Maryland
    Longitude
    -76.4740084
    Latitude
    38.421559

    Nearby Similar for Sale

    • $100,000

      Waterfront Land in Lusby, MD

      Land in waterfront community near beaches, parks, and recreation.
      12759 & 12763 TONKAWA Trail, LUSBY, MD 20657
      View Details
    • $15,000

      Residential Land in Chesapeake Ranch

      0.88-acre property in Lusby, MD, near Chesapeake Bay.
      12428 Catalina Dr, Lusby, MD 20657
      View Details
    • $477,000

      Lusby Commercial Land Opportunity

      Commercial land in Southern Maryland's Patuxent Business Park.
      75 ANCHORAGE LANE, LUSBY, MD 20657
      View Details
    • $340,400

      Lusby Commercial Land Opportunity

      Commercial land in Southern Maryland's Patuxent Business Park.
      11160 HOMEPORT COURT, LUSBY, MD 20657
      View Details
    • $458,160

      Commercial Land in Opportunity Zone

      Shovel-ready commercial land in Southern Maryland's Patuxent Business Park.
      11180 HOMEPORT COURT, LUSBY, MD 20657
      View Details
    • $35,000

      Residential Land in Lusby, MD

      0.23-acre lot in Chesapeake Ranch Estates community.
      11675 COWPOKE Circle, LUSBY, MD 20657
      View Details
    • $5,000

      Vacant Land Parcel in Lusby

      Vacant 14,630 SF parcel near St. Leonard Creek.
      7825 SCHOONER Dr, Lusby, MD 20657
      View Details
    • $35,000

      Corner Lot Near Chesapeake Bay

      0.49-acre corner lot with community amenities and water access.
      11540 SENORA Lane, LUSBY, MD 20657
      View Details
    • $99,000

      Waterfront Lot Overlooking Fishing Creek

      Waterfront lot to build your dream home overlooking Fishing Creek.
      12728 CORDOVA Court, LUSBY, MD 20657
      View Details
    • $33,000

      Lakefront Lots in Lusby, MD

      Two adjoining lakefront lots in Chesapeake Ranch Estates.
      11566 DURANGO Court, LUSBY, MD 20657
      View Details
    • $1,500,000

      Commercial Property in High-Traffic Area

      Established commercial property with income potential in Solomons, Maryland.
      12860 Hg Trueman Rd, LUSBY, MD 20657
      View Details
    • $38,000

      Wooded Corner Lot in Lusby

      Wooded corner lot with community amenities and beach access.
      502 DODGE Trail, LUSBY, MD 20657
      View Details

    FAQs

    What type of property is this?
    Land - Unimproved land with development opportunities.
    Where is this land located?
    The property is located at 572 EVERGREEN Ct Lusby, MD.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Unimproved land offers development opportunities.; Priced to sell below average price per acre.; Property ID: 054422
    (240) 925-2224
    We can help!
    Listing Contact
    Matthew A Burgan
    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
    572 EVERGREEN Ct, Lusby, MD 20657
    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!