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

    6005 10 Oaks Rd Clarksville, MD 21029

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,750,000

    Estate on 94.27 acres with equestrian facilities and potential.

    Property size:
    6,991 SF
    Lot size:
    94.27 Acres

    Property Features for 6005 10 Oaks Rd

    General Information

    Standard status
    Active
    Size
    6,991 SF
    Lot size
    94.27 Acres

    Building Details

    Year built
    1988

    We can help!

    Listing Contact
    Ricky Cantore Iii
    Source: Corcoran

    Listing Agency: RE/MAX ADVANTAGE REALTY Listing Agent: Ricky Cantore Iii

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

    Learn more

    Overview

    Clarksville Legacy Estate on 94+ Acres

    The Lewis Family Farm, situated on 94.27 acres in Clarksville, Maryland, features open fields, functional farm structures, and an estate residence. The main residence, spanning approximately 7,000 finished square feet, includes a grand foyer with a curved staircase, a formal dining room, living spaces, and a first-floor primary suite. Upstairs, there are additional bedrooms and flexible living spaces. The lower level features a kitchenette and entertainment area. The property includes multiple run-in sheds and stalls, and a large pole barn. There is a five-car garage and a circular driveway. The property has hosted large-scale events, family gatherings, and weddings. The property famously hosted twelve Ten Oaks Cup Polo matches over the years that drew in over 1,000 guests. The hardscaping on the rear of the home provides a setting for outdoor entertaining. The property is not subdividable. Buyers can contact Joy Levy, Program Administrator, Howard County Agricultural Land Preservation Program (ALPP) for details on permissible uses.
    Location Intelligence

    Current Use by Public Records

    Wedding venues

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Howard
    State
    Maryland
    Longitude
    -76.9407
    Latitude
    39.2018

    Nearby Similar for Sale

    • $799,900

      Clarksville Specialty Property For Sale

      Specialty property available for purchase in Clarksville, Maryland.
      6832 Redberry Rd, Clarksville, MD 21029
      View Details
    • $950,000

      Specialty Property in Clarksville, MD

      Specialty property available for sale in Clarksville, Maryland.
      13348 Elliott Dr, Clarksville, MD 21029
      View Details
    • $1,000,000

      Specialty Property for Sale

      Specialty property available for purchase.
      12177 Flowing Water Trl, Clarksville, MD 21029
      View Details
    • $1,475,000

      LINDEN CHAPEL Rd, Clarksville, MD

      Located on LINDEN CHAPEL Rd, Clarksville, MD 21029.
      11818 Linden Chapel Rd, Clarksville, MD 21029
      View Details
    • $1,100,000

      Lakeside Drive Specialty Property

      Specialty property available for sale in Clarksville, Maryland.
      13719 Lakeside Dr, Clarksville, MD 21029
      View Details
    • $1,375,000

      Clarksville Specialty Property For Sale

      Specialty property available for purchase in Clarksville, Maryland.
      5820 Wild Orange Gate, Clarksville, MD 21029
      View Details
    • $3,300,000

      Clarksville Specialty Property For Sale

      Specialty property available for purchase in Clarksville, Maryland.
      6259 Heather Glen Way, Clarksville, MD 21029
      View Details
    • Contact for pricing
      1.25 Acres

      Clarksville Auto Dismantling Yard

      Prime 1.25-Acre Auto Yard for Lease
      12070 Hall Shop Rd, Clarksville, MD 21029
      View Details

    FAQs

    What type of property is this?
    Horse & equestrian property - Estate on 94.27 acres with equestrian facilities and potential.
    Where is this horse & equestrian property located?
    The property is located at 6005 10 Oaks Rd Clarksville, MD.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: - 94.27 acres of pristine pastureland in a coveted Clarksville, Maryland location.; - Large estate residence (approximately 7,000 sq ft) with timeless architectural elements and potential for modernization.; - Functional equestrian facilities including run-in sheds, stalls, and a large pole barn.
    (443) 878-3507
    Request Owner's contact information
    6005 10 Oaks Rd Clarksville, MD 21029
    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.
    6005 10 Oaks Rd
    Clarksville, MD 21029
    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
    6005 10 Oaks Rd Clarksville, MD 21029
    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
    Ricky Cantore Iii
    Real Estate License ID: 676693
    (443) 878-3507 (410) 740-1200
    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!