$250,000
●
Land -
For Sale
7555 HARMANS ROAD
HARMANS, MD 21077
Studio
0 Bath
$1,670
Est. Monthly
About This Property
ONLINE AUCTION: This auction takes place on the Ashland Auction
Group Website Bidding Platform. Bidding begins 10/12/2026, 10:00
AM. Bidding ends 10/14/2026, 1:10 PM. List Price is Suggested
Opening Bid. Deposit: $25,000.
Commercially zoned Lot of Land located right outside of Severn, Maryland within Anne Arundel County. Property is located in close proximity to Arundel Village Shopping Center, Arundel Mills Mall, & BWI Airport. This area is undergoing a lot of development activity (see below). Easy Access to Major Traffic Artery Route 295.
Commercially zoned Lot of Land located right outside of Severn, Maryland within Anne Arundel County. Property is located in close proximity to Arundel Village Shopping Center, Arundel Mills Mall, & BWI Airport. This area is undergoing a lot of development activity (see below). Easy Access to Major Traffic Artery Route 295.
Unit Size
-
Days on Market
-
Land Size
1.31 acres
Price per sqft
-
Property Type
Land
Property Taxes
$442
HOA Dues
-
Year Built
1979
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 days ago (Bright MLS #MDAA2154862)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2026 | Listed by Ashland Auction Group LLC | $250,000 | |
| Listed by Ashland Auction Group LLC | |||
| Apr 9, 2026 | Listed by Ashland Auction Group LLC | $250,000 | |
| Listed by Ashland Auction Group LLC | |||
  | |||
|
ONLINE AUCTION: This auction takes place on the Ashland Auction Group Website Bidding Platform. Bidding begins 6/24/2026 @ 10:00 AM. Bidding ends 6/26/2026 @ 12:50 PM. List Price is Suggested Opening Bid. Deposit: $25,000. Commercially zoned Lot of Land located right outside of Severn, Maryland within Anne Arundel County. Property is located in close proximity to Arundel Village Shopping Center, Arundel Mills Mall, & BWI Airport. This area is undergoing a lot of development activity (see below). Easy Access to Major Traffic Artery Route 295.
| |||
| Mar 22, 2021 | Sold | ||
| Sold | |||
| Aug 24, 2018 | Sold | ||
| Sold | |||
| Feb 26, 2016 | Sold | ||
| Sold | |||
Property Highlights
Exterior Details
Lot Size Area: 57064
Lot Size Units: Square Feet
Lot Size Acres: 1.31
Lot Size Square Feet: 57064
Water Source: Other
Financial Details
Tax Assessed Value: $448,300
Tax Annual Amount: $5,308
Utilities Details
Sewer : Other
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Severn
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Listed by: Adam M Shpritz
Ashland Auction Group LLC
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDAA2154862
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Ashland Auction Group LLC
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDAA2154862
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