Property profile

6357 Forest Ave Elkridge, MD 21075

OFF-MARKET
Residential land & home lots
Property ID
US40-Q006439
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Property summary

AI-generated overview

Two adjoining lots for sale in the established Harwood Park community of Elkridge. Lots 679 & 680 offer a combined 6,000 SQFT (3,000 SQFT each) and present an excellent opportunity for builders, investors, or buyers looking to develop in a growing area with strong resale potential. Utilities are available in the neighborhood, and the subdivision is already established. A simplified environmental concept plan has already been approved by Howard County for a duplex development. Full building plans will be included with the sale. The proposed duplex design features approximately 2,300 finished SQFT per unit across 3 levels with a 3 bedroom, 2.5 bathroom layout. Comparable new construction duplex units in the area are selling between $435K–$475K per side. Building permit has not yet been submitted, however Howard County has confirmed the lots are buildable pending completion of the Site Development Plan requirements and submission of building plans. Great opportunity to fast-track a development project with substantial groundwork already completed. bikeScore: 26, Somewhat Bikeable walkScore: 48, Car-Dependent

Property profile

Verified
Property type Residential land & home lots
UPID US40-Q006439

Cap rate & NOI

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

Location

6357 Forest Ave Elkridge, MD 21075
Elkridge metro
Google Maps

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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