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

    147 Church Ln Cockeysville, MD

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $500,000

    Land available in Cockeysville's industry district with ML AS zoning.

    Type:LAND
    Lot size:
    0.30 Acres
    Added:
    Jun 12, 2023
    Days on Market:
    1025
    Last Refresh:
    Mar 29 at 10:56 pm

    Property Features for 147 Church Ln

    General Information

    Standard status
    Active
    Lot size
    0.30 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Matt Mueller

    Listing agent Matt Mueller

    Listing office MacKenzie Commercial Real Estate | Baltimore

    Listing date Jun 12, 2023

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of MacKenzie Commercial Real Estate | Baltimore

    Overview

    Cockeysville Industrial Land Opportunity

    This parcel of land is located on Church Lane in the industry district of Cockeysville. The property has visibility from Church Lane and is zoned ML AS. This presents a development opportunity for a company to own real estate.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Cockeysville
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.6427
    Latitude
    39.4631

    Nearby Similar for Sale

    • $900,000

      Estate Lots in Cockeysville, MD

      Six estate lots for custom homes in a spectacular setting.
      1503 FALLS Road, COCKEYSVILLE, MD 21030
      View Details
    • $850,000

      Estate Lots in Cockeysville, MD

      Six estate lots for custom homes in a spectacular setting.
      1501 FALLS Road, COCKEYSVILLE, MD 21030
      View Details
    • $250,000

      Land in Cockeysville, Maryland

      1.160 acre lot with well and perc test.
      1620 WORTHINGTON HEIGHTS Parkway, COCKEYSVILLE, MD 21030
      View Details
    • $225,000

      Land in Hunt Valley/Cockeysville

      2.5 acres of wooded land in a sought-after location.
      CUBA Road, COCKEYSVILLE, MD 21030
      View Details
    • $650,000

      York Road Commercial Property

      Commercial property with retail sections, parking, and income potential.
      10721 YORK ROAD, COCKEYSVILLE, MD 21030
      View Details
    • $650,000

      Commercial Property on York Road

      Commercial property with income potential in prime location on York Road.
      10721 YORK Road, COCKEYSVILLE, MD 21030
      View Details
    • $4,400,000
      7,412 SF

      Modern Farmhouse in Western Run

      Modern farmhouse with pool, barn, and outdoor amenities.
      1730 Western Run Rd, COCKEYSVILLE, MD 21030
      View Details
    • $699,000

      Cockeysville Land with Wooded Views

      13.69 acre lot in Laurelford/Ivy Hill with woodland views.
      13036 JEROME JAY Drive, COCKEYSVILLE, MD 21030
      View Details
    • $5,225,000
      3,610 SF

      Bank of America NNN Ground Lease

      Bank of America NNN ground lease with long-term passive income.
      11320 York Rd, Cockeysville, MD 21030
      View Details
    • $549,900

      Standalone Office Building with Parking

      Office building with parking, convenient location, and development potential.
      9710 Monroe St, COCKEYSVILLE, MD 21030
      View Details
    • $3,968,421
      2,060 SF

      Chipotle with Modernized Drive-Thru

      Chipotle with 13 years remaining on corporate lease.
      9701 York Rd, Cockeysville, MD 21030
      View Details

    FAQs

    What type of property is this?
    Land - Land available in Cockeysville's industry district with ML AS zoning.
    Where is this land located?
    The property is located at 147 Church Ln Cockeysville, MD.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: Development opportunity.; Zoning is ML AS.; **Excellent Visibility from Church Lane.**
    (443) 573-3200
    We can help!
    Listing Contact
    Matt Mueller
    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!