Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Fort Washington Wooded Acreage Title is generated by Realmo AI

    OLD PALMER Road, Fort Washington, MD 20744

    View on Map
    Claim this Listing
    For Sale
    $225,000

    LAND - FORT WASHINGTON, MD

    Lot size:
    7.06 Acres
    Added:
    Oct 31, 2025
    Days on Market:
    217
    Last Refresh:
    Jun 4 at 10:06 am

    Property Features for OLD PALMER Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    7.06 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2163

    We can help!

    Listing Contact
    Zelford C Platt
    Zelford C Platt

    Listing agent Zelford C Platt License #604501

    Listing office Zar Realty, LLC 3196 Fraser Road, Bryans Road, MD

    Listing date Oct 31, 2025

    MLS# MDPG2181376 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Large 7.06‑acre wooded parcel in Fort Washington, Maryland.
    • RE (Residential Estate) zoning ideal for luxury residential development or private estate.
    • Offers privacy and seclusion while being conveniently located near Indian Head Highway (MD‑210).
    • Low‑density zoning protects property value from commercial or dense residential development.
    • Rare opportunity to acquire a large tract in a prime commuter location.
    • Motivated seller with an improved price.

    Overview

    This 7.06-acre wooded parcel is located in Fort Washington, Maryland, off Old Palmer Road. Zoned RE (Residential Estate), the property is suitable for luxury residential development or a private estate. The zoning mandates low density, protecting the value of future construction with large lots and a tranquil, natural setting. The location offers both privacy and convenience, situated moments from Indian Head Highway (MD-210).
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Fort Washington
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.9904055
    Latitude
    38.7593105

    Nearby Similar for Sale

    • $479,000
      2,482 SF

      Expanded Rambler in Fort Washington

      Spacious, updated rambler with rental potential in Fort Washington.
      8125 MURRAY HILL Drive, FORT WASHINGTON, MD 20744
      View Details
    • $725,000

      9.75 Acres Near National Harbor

      Land with development potential near National Harbor and Washington, DC.
      10125 ALLENTOWN Road, FORT WASHINGTON, MD 20744
      View Details
    • $229,999

      Land Near Potomac River

      3.44 acres to build your dream home.
      1005 SERO ESTATES Drive, FORT WASHINGTON, MD 20744
      View Details
    • $99,000

      Vacant Lot in Fort Washington

      18,520 SF vacant lot with easy access to amenities.
      E SWAN CREEK Road, FORT WASHINGTON, MD 20744
      View Details
    • $149,990

      Prime Land Near Washington D.C.

      7.45 acres near Washington D.C. with no HOA.
      1601 DANIA Drive, FORT WASHINGTON, MD 20744
      View Details
    • $600,000

      Fort Washington Land Parcel

      14 acre parcel suitable for estate homes or commercial uses.
      PARCEL 43 OLD FORT Road, FORT WASHINGTON, MD 20744
      View Details
    • $180,000

      Residential Land in Fort Washington

      Build your dream home on this .53-acre lot.
      703 MOYER Court, FORT WASHINGTON, MD 20744
      View Details
    • $1,400,000

      Waterfront Land in Fort Washington

      13.77 acres of waterfront land with Potomac River views.
      10807 RIVERVIEW Road, FORT WASHINGTON, MD 20744
      View Details
    • $179,000

      Land in Fort Washington, MD

      2.93-acre lot with city water and sewer connections.
      8703 PAMPER Lane, FORT WASHINGTON, MD 20744
      View Details
    • $400,000

      Fort Washington Land Opportunity

      Two joint lots totaling 4.41 acres in Fort Washington, MD.
      12110 LIVINGSTON Road, FORT WASHINGTON, MD 20744
      View Details
    • $200,000

      Land in Fort Washington, MD

      Residential land for sale in Fort Washington, Maryland.
      13015 RHAME Drive, FORT WASHINGTON, MD 20744
      View Details
    • $795,000

      Development Land in Fort Washington

      Development opportunity with subdivision potential in Fort Washington, Maryland.
      ALLENTOWN Road, FORT WASHINGTON, MD 20744
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 7.06 acres in Fort Washington, MD for residential development.
    Where is this residential land & home lot located?
    The property is located at OLD PALMER Road Fort Washington, MD.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: Large 7.06‑acre wooded parcel in Fort Washington, Maryland.; RE (Residential Estate) zoning ideal for luxury residential development or private estate.; Offers privacy and seclusion while being conveniently located near Indian Head Highway (MD‑210).
    (301) 375-7976
    We can help!
    Listing Contact
    Zelford C Platt
    Zelford C Platt
    Real Estate License ID: 604501
    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
    OLD PALMER Road, FORT WASHINGTON, MD 20744
    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!