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    438 Carr Dr La Vale, MD 21502

    Sponsored
    For Sale
    $85,000

    8.98 Acres, Buildable Commercial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8.98-acre commercial land parcel presents a unique investment opportunity in La Vale, Maryland. Located at 438 Carr Dr, 21502, this fee simple property boasts a convenient location in the heart of La Vale, nestled within the scenic mountains of Western Maryland. The property is zoned for residential use, offering flexibility for future development. With public utilities readily accessible, this site is primed for construction. The expansive lot size of 391,169 square feet provides ample space for a variety of commercial ventures. The asking price is $85,000, translating to an attractive price per acre of $9,465.48. The Allegany County location and the property's APN is 0129047944. This prime location offers easy access to local amenities and transportation routes, making it an ideal site for businesses seeking a prominent presence in this growing area. The property's potential is significant, making it an attractive investment for developers and entrepreneurs alike. Don't miss this chance to acquire a substantial piece of land in a desirable location.

    Property Features for 438 Carr Dr

    General Information

    Property type
    Land
    Lot Size
    391,169 SF

    HighLights

    • 391,169 square foot land parcel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    La Vale
    County
    Allegany
    State
    Maryland
    Longitude
    -78.801729
    Latitude
    39.65742

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    FAQs

    What type of property is this?
    Land - 8.98 Acres, Buildable Commercial Land
    Where is this land located?
    The property is located at 438 Carr Dr La Vale, MD.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: 391,169 square foot land parcel.; ;
    Request Owner's contact information
    438 Carr Dr La Vale, MD 21502
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    La Vale, MD 21502
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    Realmo Value Estimation

    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.

    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.

    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
    438 Carr Dr La Vale, MD 21502
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