Property profile

0 71.92 Ac Of Land North East, MD 21901

OFF-MARKET
Land
71.92 ac lot
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Property summary

AI-generated overview

This exceptional 71.92-acre property in Cecil County, Maryland, presents a unique investment opportunity. Located in North East, MD, zip code 21901, this land is zoned RR - Rural Residential. The property comprises two parcels (APN 05-030463 and 05-030471), totaling 71.92 acres. Parcel 05-030463 encompasses 31.017 acres, while parcel 05-030471 covers 40.899 acres. Both parcels feature raw pasture land and include several run-in sheds, currently utilized for horses. Development rights are intact, offering significant potential for future projects. The land is situated on Elk River Lane, conveniently located above the Blue Elk Vineyard and the scenic Elk River. An aerial drone video is available for a comprehensive view of the property. This expansive acreage offers a blend of natural beauty and development potential, making it an attractive investment in a desirable Maryland location. The asking price for this remarkable property is $1,200,000.

Property profile

Verified
Property type Land
Lot 71.92 ac (3,132,835 SF)

Cap rate & NOI

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

Location

71.92 Ac Of Land North East, MD 21901
North East 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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