0 Hl Rd Lonaconing, MD 21539
This exceptional 362-acre property in Allegany County, Maryland, presents a unique investment opportunity. Located on Hill Rd in Lonaconing, MD, zip code 21539 (latitude 39.5677643, longitude -78.9799805), this expansive land parcel is zoned for agricultural use. The asking price is $690,000. A significant advantage is the inclusion of mineral rights, adding considerable potential value. Situated in the heart of mountainous Maryland, the property offers a tranquil setting, yet remains conveniently located within a 2-3 hour drive of both Washington, D.C., and Pittsburgh, Pennsylvania. The vast acreage provides endless possibilities for various commercial ventures, allowing for creative development and strategic planning. Given its size and location, this property is ideal for those seeking a substantial land holding with significant potential for future growth and development within a scenic and accessible location. The property's agricultural zoning provides a solid foundation for a range of potential uses. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.