Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    13 TURNER Avenue Dundalk, MD 21222

    View on Map
    For Sale
    $60,000

    LAND - DUNDALK, MD

    Lot size:
    0.11 Acres
    Added:
    Mar 25, 2025
    Days on Market:
    373
    Last Refresh:
    Apr 1 at 12:06 pm

    Property Features for 13 TURNER Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.11 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    267

    We can help!

    Listing Contact
    Charles K Lassiter

    Listing agent Charles K Lassiter License #526526

    Listing office Fairfax Realty Premier 10770 Columbia Pike unit: 250, Falls Church, MD

    Listing date Mar 25, 2025

    MLS# MDBC2121360 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dundalk Land Opportunity

    This property presents a rare opportunity to purchase land in an established neighborhood. The lot is located at the intersection of Sollers Pointe Rd and Turner Ave in Dundalk, Maryland. The lot size is 0.11 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dundalk
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.509525
    Latitude
    39.243384

    Nearby Similar for Sale

    • $499,997

      Turn-Key Commercial Building in Dundalk

      Contractor's office with rental potential in a prime location.
      2100 MERRITT Avenue, DUNDALK, MD 21222
      View Details
    • $385,000

      Renovated Commercial Buildings on Wise Avenue

      Two renovated commercial buildings suitable for investors or entrepreneurs.
      7827 WISE Avenue, DUNDALK, MD 21222
      View Details
    • $950,000

      Turn-Key Restaurant and Lounge

      Equipped restaurant and lounge in Dundalk, MD for sale.
      7100 SOLLERS POINT Road, DUNDALK, MD 21222
      View Details
    • $395,000
      1,476 SF

      Updated Home with Rental Potential

      Updated single-family home with income-generating basement apartment.
      1914 SNYDER AVENUE, DUNDALK, MD 21222
      View Details
    • $715,000

      Turnkey Business Opportunity in Dundalk

      Longstanding business with building, license, and equipment for sale.
      3814 NORTH POINT Boulevard, DUNDALK, MD 21222
      View Details
    • $750,000
      12,922 SF

      Dundalk Multi-Level Commercial Building

      Large vacant building suitable for church, daycare, or residential use.
      49 Inverness Ave, DUNDALK, MD 21222
      View Details
    • $1,700,000
      4,200 SF

      Dundalk Retail Space For Rent

      High-visibility retail space with flexible layout and ample parking.
      2701 N Point Rd, Dundalk, MD
      View Details
    • $425,000

      Commercial Property with Development Potential

      Commercial property on 0.21 acres with development potential.
      2725 N Point Rd, DUNDALK, MD 21222
      View Details
    • $645,000
      2,016 SF

      Auto Facility on North Point

      Auto facility with high visibility and signage available for sale.
      3801 N Point Blvd, Dundalk, MD
      View Details
    • $125,000

      Expansive Lot in Dowdy Glen

      Large 36,000 sq. ft. lot in desirable Dowdy Glen.
      1614 LYNCH Road, DUNDALK, MD 21222
      View Details
    • $399,000

      Dundalk Mixed-Use Property For Sale

      Mixed-use property with restaurant and apartments, fully rented.
      100 Willow Spring Rd, DUNDALK, MD 21222
      View Details
    • Contact for pricing

      Retail Space Available in Dundalk

      Retail property with 12,251 SF available and shared parking.
      1503 Merritt Blvd, Dundalk, MD 21222
      View Details

    FAQs

    What type of property is this?
    Land - Land for sale in established Dundalk neighborhood.
    Where is this land located?
    The property is located at 13 TURNER Avenue Dundalk, MD.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: Rare opportunity to purchase a lot.; Located in an established neighborhood.; Located at the intersection of Sollers Pointe Rd and Turner Ave.
    (301) 325-1101
    We can help!
    Listing Contact
    Charles K Lassiter
    Real Estate License ID: 526526
    Learn More
    Request Owner's contact information
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!