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    4021 Old Town Rd Huntingtown, MD 20639
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    Property profile & analytics

    4021 Old Town Rd Huntingtown, MD 20639

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    • Investment properties
    • 17,184 SF
    • 2.73 lot acres
    For Sale
    $765,000
    View Listing →
    Visible Land in Huntingtown For Sale
    $765,000
    117,612 SF

    Visible Land in Huntingtown

    Commercial land with high visibility in downtown Huntingtown, Maryland.

    4021 Old Town Road, Huntingtown, MD 20639
    View Listing
    Property ID
    US40-0211381
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 4021 Old Town Rd

    Year built
    2015
    Construction
    BRICK
    Lot size
    2.73 lot acres
    Property size
    17,184 SF
    Zone code
    TC
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    02-001101
    APU
    2001101

    Description

    This exceptional 2.7-acre commercial development site, located at 4021 Old Town Road in Huntingtown, Maryland, presents a unique investment opportunity. Zoned for Town Center Mixed-use development, this fee-simple property boasts a total area of 117,612 square feet and is priced at $765,000, or $6.50 per square foot. The land value alone is assessed at $6.43 per square foot. Its highly visible location on Old Town Road, bordered by MD Routes 2/4, offers unparalleled exposure. The property enjoys excellent accessibility from Old Town Road and benefits from its proximity to Huntingtown High School, ensuring high visibility and potential for significant foot traffic. This prime location in downtown Huntingtown provides developers with a strategic advantage for a variety of commercial ventures. The APN is 05-001101, and the property is zoned for Town Center Mixed-use development, offering flexibility for diverse project types. This owner/user investment opportunity is ready for your vision. The zip code is 20639.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,531,000
      Market price range: $3.53M - $5.60M
      AI Estimate
      $2,748,000
      Market price range: $2.75M - $5.62M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $4,230,000
      Current use
      WAREHOUSE, STORAGE
      $4,725,000
      Change: +12% Conversion: Difficult
      OFFICE BUILDING
      $3,845,000
      Change: -9% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Huntingtown
    County
    Calvert
    State
    Maryland
    Longitude
    -76.6127
    Latitude
    38.6184
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,911
    $376,400
    $0.00
    $376,400
    -
    $376,400
    $0.00
    $376,400

    Comparable in this City

    • Value Estimation by Request
      1,080 SF

      3740 Solomons Is Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,080 SF
      3740 Solomons Is Rd, Huntingtown, MD 20639-8757
      View Details
    • Value Estimation
      $685,000
      2,601 SF

      4250 Hunting Crk Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,601 SF
      4250 Hunting Crk Rd, Huntingtown, MD 20639-9116
      View Details
    • Value Estimation by Request
      500 SF

      2262 Solomons Is Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 500 SF
      2262 Solomons Is Rd, Huntingtown, MD 20639
      View Details
    • Value Estimation by Request
      1,260 SF

      2510 Solomons Is Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,260 SF
      2510 Solomons Is Rd, Huntingtown, MD 20639
      View Details
    • Value Estimation
      $505,000
      1,540 SF

      4245 Hunting Crk Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,540 SF
      4245 Hunting Crk Rd, Huntingtown, MD 20639-3028
      View Details
    • Value Estimation by Request
      1,508 SF

      4250 Old Town Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,508 SF
      4250 Old Town Rd, Huntingtown, MD 20639-9662
      View Details

    Similar Nearby for Sale

    • $525,000

      Huntingtown Mixed-Use Redevelopment Opportunity

      0.76-acre parcel with redevelopment potential in Huntingtown Town Center.
      4090 Old Town Rd, Huntingtown, MD 20639
      View Details
    • $599,000
      1,260 SF

      Huntingtown Mixed-Use Commercial Property

      Mixed-use commercial property in Huntingtown, MD, with great business location.
      2510 Solomons Island Rd, Huntingtown, MD 20639
      View Details
    • Contact for pricing
      40.09 Acres

      Huntingtown Office Space - Route 4

      Prime Office Space, High Visibility, 2100 sq ft
      2425 Solomons Island Rd, Huntingtown, MD 20639
      View Details
    • $599,000

      Commercial Property with Road Frontage

      Highly visible commercial property with excellent road frontage and development potential.
      2510 Solomons Island Rd, Huntingtown, MD 20639
      View Details
    • $150,000
      3.00 Acres

      Three Acre Huntingtown Land Parcel

      Three acre parcel in Huntingtown, Maryland, ideal for residential development.
      2440 Johnson Rd, Huntingtown, MD 20639
      View Details
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    Huntingtown, MD 20639
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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