Property profile

2514 Littlestown Pike Westminster, MD 21158

OFF-MARKET
Land
27.33 ac lot
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Property summary

AI-generated overview

This exceptional 27.33-acre property in Westminster, Maryland (Carroll County, zip code 21158, APN 03-434032), offers a rare opportunity for builders and developers. The land is divided into five residential building lots ranging in size from 2 to 11 acres, perfect for constructing spacious homes. The lots boast gently rolling terrain and scenic views of the surrounding countryside. While enjoying a peaceful, rural setting, the location provides convenient access to retail centers and employment opportunities. All engineering for the subdivision is complete, pending final county approval, with the plat expected to be recorded by early Spring 2025. Percolation tests confirm suitability for conventional septic systems supporting 4+ bedroom homes. Wells are currently being drilled by the developer. The asking price of $925,000 reflects a discount to compensate for future development work, including the construction of a shared driveway. It's important to note that three of the five lots are subject to a reforestation easement. A significant advantage is the absence of any agricultural transfer tax. This fee-simple ownership opportunity presents a unique chance to acquire a prime residential development site in a desirable location. The property is zoned for agricultural use (Ag).

Property profile

Verified
Property type Land
Lot 27.33 ac (1,190,495 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2514 Littlestown Pike Westminster, MD 21158
Westminster metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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