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    Hanover, MD
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    Hanover, MD Residential Land & Home Lots for Sale

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    Residential Land in Hanover, MD
    Updated: Jan 31
    Residential Land in Hanover, MD

    RIDGE Road, Hanover, MD 21076

    $900,000
    4.64 AC lot
    4. 6‑acre property ready for development.
    Excellent location on Ridge Rd, walkable to Arundel Mills and Safeway shopping plaza.
    Close proximity to Rt 100, I‑295, I‑95, and I‑97.
    Convenient access to BWI Airport and multiple MARC train stations.
    Easy commute to Baltimore, Annapolis, Washington DC, and Virginia.
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    Undeveloped Residential Land Parcel
    Updated: Jul 16
    Undeveloped Residential Land Parcel

    Parcel 271 WRIGHT Rd, Hanover, MD 21076

    $565,357
    Offered as part of the Wright Road Group (WRG) assemblage of eight contiguous land parcels in northern Anne Arundel County
    8 parcels total 10.3+ acres, including parcel numbers 252, 260, 261, 265, 271, 316, 325, and 326
    Owners pursued rezoning with law and engineering firms to R‑15 and completed surveying and utility capacity assessment for new development
    Close to Arundel Mills/Maryland Live Casino and Fort Meade
    Easy access to commuter routes including Rt. 100, I‑95, and I‑295 serving major employers such as Fort Meade, National Business Park, and NSA
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    Approved Buildable Lot Subdivision
    Approved Buildable Lot Subdivision

    6467 Hanover Rd, Hanover, MD 21076

    $1,657,500

    15 recorded buildable lots with SDP approval, with public water and sewer available, pending buyer-built infrastructure.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Rezoned Residential Development Land
    Rezoned Residential Development Land

    252-7143 Wright Road, Hanover, MD 21076

    $892,668
    10.30 AC lot

    Parcel 252 is part of an eight-parcel assemblage rezoned to R-15 in northern Anne Arundel County.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Hanover, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    R2-Zoned Residential Land Parcel
    R2-Zoned Residential Land Parcel

    1883 CEDAR Dr, Severn, MD 21144

    $237,250
    3.27 AC lot

    R2-zoned land with a perennial stream and no public water or sewer on site; public sewer is about 750 feet away.

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    Ready-to-Build Homesite in Elkridge
    Ready-to-Build Homesite in Elkridge

    6061 OLD LAWYERS HILL ROAD, Elkridge, MD 21075

    $450,000
    3.00 AC lot

    Approved 3-acre homesite ready for construction in Elkridge, MD.

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    Land with Future Potential
    Land with Future Potential

    1883 CEDAR Drive, Severn, MD 21144

    $237,250
    3.27 AC lot

    3.27 acres of R2-zoned land in Severn, MD.

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    Elkridge Land Opportunity
    Elkridge Land Opportunity

    6357 FOREST Avenue, Elkridge, MD 21075

    $199,000
    0.07 AC lot

    Two adjoining lots in established community, development potential.

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    Hanover, MD Residential Land & Home Lots Market Trends and Statistics

    Explore 4 residential land & home lots for sale in Hanover, MD, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 650,786 square feet of properties for sale, with an estimated market value of $4,015,525.

    Sale prices for home sites in Hanover, MD start at $565,357, averaging $1,003,881, and reaching up to $1,657,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 9
    Industrial land 5
    Residential land & home lots 4

    Demographics Overview

    Population 24K
    Population Growth (5Y) +37.4%
    Median Household Income $143,409
    College Educated 40.2%

    High-Yield Neighborhoods for Investment

    Identify Hanover submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    21076 $1M

    Taxes & Financing

    Tax Rate (average for all types) 1.06%
    Property Tax per SF $22.52 per SF
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Anne Arundel County

    New Delisted

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