12760 Cow Barn Rd Ridgely, MD 21660-1339
This exceptional 3.55-acre property presents a remarkable investment opportunity in the thriving town of Ridgely, Maryland. Strategically zoned, the land offers commercial zoning in the front and residential zoning in the back, providing flexibility for a variety of development possibilities. The property includes a sturdy 20x20 foot concrete shed, ideal for storage or immediate use. While conveniently located just minutes from downtown Ridgely, it also enjoys proximity to outdoor recreational areas. Tuckahoe and Martinak State Parks, offering fishing, kayaking, trails, and picnic areas, are within a short driving distance. For those needing access to larger transportation networks, the Bay Bridge is a convenient 25-minute drive, and Dover is approximately 30 minutes away. The property's location along Route 404 ensures easy accessibility. Please note that the lot has not undergone perc testing. This presents a unique chance to acquire a versatile parcel of land with significant potential in a desirable location. The combination of commercial and residential zoning, along with the existing shed and convenient location, makes this property an attractive proposition for both developers and investors. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R1 · Ridgely, MDRidgely. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.