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    Ringley Dr Boonsboro, MD 21713

    • Commercial real estate
    • 0.88 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Ringley Dr

    Lot size
    0.88 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 0.88-acre commercial lot in Boonsboro, MD, presents a unique investment opportunity. Situated on a corner, this property benefits from high visibility and accessibility. The lot is zoned for commercial use and is ideally positioned to capitalize on the anticipated increase in traffic flow resulting from the approved extension of Chase Six Boulevard. This extension will connect Route 66 to an alternate Route 40, creating a highly desirable bypass and significantly increasing traffic volume at the intersection directly in front of the property. The advertised price reflects a yearly ground lease rate of $4,600 per month, translating to $1.44 per square foot. This represents a compelling entry point into a rapidly developing area poised for significant growth. This is one of three available lots

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Boonsboro
    County
    Washington
    State
    Maryland
    Longitude
    -77.6575
    Latitude
    39.5207

    Comparable in this City

    • Value Estimation by Request
      1.26 Acres

      Ringley Dr

      Commercial real estate • 1.26 Acres
      Ringley Dr, Boonsboro, MD 21713
      View Details
    • Value Estimation by Request
      1.08 Acres

      3 Old National Pike

      Commercial real estate • 1.08 Acres
      3 Old National Pike, Boonsboro, MD 21713
      View Details
    • Value Estimation by Request
      2,916 SF

      7505 Old National Pike

      COMMERCIAL (GENERAL) • 2,916 SF
      7505 Old National Pike, Boonsboro, MD 21713-2001
      View Details
    • Value Estimation by Request
      0.03 Acres

      5 Saint Paul St

      COMMERCIAL (GENERAL) • 0.03 Acres
      5 Saint Paul St, Boonsboro, MD 21713-1319
      View Details
    • Value Estimation by Request
      3,360 SF

      103 Main St

      COMMERCIAL (GENERAL) • 3,360 SF
      103 Main St, Boonsboro, MD 21713-1007
      View Details
    • Value Estimation by Request
      1,004 SF

      8405 Tusings Way

      COMMERCIAL (GENERAL) • 1,004 SF
      8405 Tusings Way, Boonsboro, MD 21713-1946
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.76 Acres

      Boonsboro Commercial Lot - Prime Location

      High-traffic corner lot, ground lease available.
      Ringley Dr, Boonsboro, MD 21713
      View Details
    • Contact for pricing
      1.26 Acres

      Boonsboro Commercial Lot - Prime Location

      High-traffic corner lot, ground lease available.
      Ringley Dr, Boonsboro, MD 21713
      View Details
    • Contact for pricing
      0.88 Acres

      Boonsboro Commercial Lot - Prime Location

      High-traffic corner lot, ground lease available.
      Ringley Dr, Boonsboro, MD 21713
      View Details
    • $520,000
      1.08 Acres

      Boonsboro Retail Lot - Prime Location

      High-growth area, build-to-suit options available.
      3 Old National Pike, Boonsboro, MD 21713
      View Details
    • $585,000
      1.26 Acres

      Commercial Land in Boonsboro, MD

      1.25-acre corner lot with future development potential.
      Ringley Dr, Boonsboro, MD 21713
      View Details
    • $539,900

      Boonsboro Specialty Property For Sale

      Specialty property available for purchase in Boonsboro, Maryland.
      106 Chieftan Ln, Boonsboro, MD 21713
      View Details
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    Ringley Dr
    Boonsboro, MD 21713
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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
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