Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    (410) 255-3690
    Web Site
    Size: 10+ agents

    Agents

    Service Locations

    Property Types

    • Land

    Listings

    For Sale (10)

    View map
    Glen Burnie Multifamily Property
    $430,000
    1,088 SF

    Glen Burnie Multifamily Property

    Rehabbed duplex near light rail with income potential.

    104 New Jersey Ave NW, Glen Burnie, MD 21061
    View details
    Waterfront Land with Deep-Water Access
    $499,000
    2.22 Acres

    Waterfront Land with Deep-Water Access

    Level waterfront lot on Plum Creek with approved room for a 3,200 sq ft home.

    1003 Omar Dr, Crownsville, MD 21032
    View details
    Baltimore Commercial Building with Business
    $850,000
    0.14 Acres

    Baltimore Commercial Building with Business

    Commercial building with beauty supply business for sale in Baltimore.

    3413 Belair Rd, Baltimore, MD 21213
    View details
    Retail Business Opportunity in Baltimore
    $350,000
    5,000 SF

    Retail Business Opportunity in Baltimore

    Retail business for sale with full basement and inventories.

    3413 Belair Rd, Baltimore, MD 21213
    View details
    2.72-Acre Wooded Lot
    $240,000
    2.72 Acres

    2.72-Acre Wooded Lot

    Private 2.72-acre wooded lot with blacktop driveway.

    151 Darlington Rd, Havre de Grace, MD 21078
    View details
    Ocean City Land Opportunity
    $300,000
    0.17 Acres

    Ocean City Land Opportunity

    Unimproved lot in Cape Isle of Wight subdivision.

    13-Blk 17Th St, Ocean City, MD 21842
    View details
    Pasadena Land For Sale
    $125,000
    0.11 Acres

    Pasadena Land For Sale

    Residential lot in Green Haven, Pasadena, MD. Public utilities nearby.

    811 203Rd St, Pasadena, MD 21122
    View details
    Residential Land in Upper Marlboro
    $80,000
    0.32 Acres

    Residential Land in Upper Marlboro

    Wooded residential land near Washington, DC, and Andrews Air Force Base.

    317 Nairn Ct, Upper Marlboro, MD 20774
    View details
    Land For Sale
    $60,000

    Land For Sale

    Land available for sale.

    611 Cylburn Rd, Pikesville, MD 21208
    View details
    Commercial Buildings with Liquor Business
    Contact for pricing

    Commercial Buildings with Liquor Business

    Three commercial buildings with a high-revenue liquor business for sale.

    2830 Edmondson Ave, Baltimore, MD 21223
    View details

    For Lease (9)

    View map
    Glen Burnie Office Space For Rent
    $20 SF/Yr
    232,175 SF

    Glen Burnie Office Space For Rent

    Office space near BWI and Northrop Grumman. Utilities included.

    898 Airport Park Rd, Glen Burnie, MD 21061
    View details
    Glen Burnie Office Space For Rent
    $20 SF/Yr
    232,175 SF

    Glen Burnie Office Space For Rent

    Office space near BWI and Northrop Grumman. Utilities included.

    898 Airport Park Rd, Glen Burnie, MD 21061
    View details
    Glen Burnie Office Space For Rent
    $20 SF/Yr
    232,175 SF

    Glen Burnie Office Space For Rent

    Office space near BWI and Northrop Grumman. Utilities included.

    898 Airport Park Rd, Glen Burnie, MD 21061
    View details
    Glen Burnie Office Space Available
    $20 SF/Yr
    232,175 SF

    Glen Burnie Office Space Available

    Office space for lease near BWI and Northrop Grumman.

    898 Airport Park Rd, Glen Burnie, MD 21061
    View details
    Glen Burnie Office Space Available
    $20 SF/Yr
    232,175 SF

    Glen Burnie Office Space Available

    Office space for lease near BWI and Northrop Grumman.

    898 Airport Park Rd, Glen Burnie, MD 21061
    View details
    Glen Burnie Office Space Available
    $20 SF/Yr
    232,175 SF

    Glen Burnie Office Space Available

    Office space for lease near BWI and Northrop Grumman.

    898 Airport Park Rd, Glen Burnie, MD 21061
    View details
    Renovated Apartment with Modern Amenities
    $3,500 / Mo

    Renovated Apartment with Modern Amenities

    Spacious 3-bedroom apartment with modern kitchen and included utilities.

    2449 1 #2 Ft, Fort Lee, NJ 07024
    View details
    Glen Burnie Office Space Available
    Contact for pricing

    Glen Burnie Office Space Available

    Office space near BWI and Northrop Grumman. Utilities included.

    898 Airport Park Rd, Glen Burnie, MD 21061
    View details
    Glen Burnie Office Space Available
    Contact for pricing

    Glen Burnie Office Space Available

    Office space near BWI and Northrop Grumman. Utilities included.

    898 Airport Park Rd, Glen Burnie, MD 21061
    View details

    Leases and Sales on Map

    • For Sale
    • For Lease

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    Douglas Realty LLC
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Douglas Realty LLC
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!