Sign Up Successful!
You now have access to more from Realmo!
    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

    2510 Log Mill Ct Crofton, MD 21114

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $410,000

    Specialty property available for purchase in Crofton, Maryland.

    Lot size:
    0.07 Acres

    Property Features for 2510 Log Mill Ct

    General Information

    Lot size
    0.07 Acres

    Building Details

    Year built
    1992

    We can help!

    Listing Contact
    Christian Alexander Olson
    Source: Elliman

    Listing Agent: Christian Alexander Olson

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

    Learn more

    Property Insight Report

    Overview

    Crofton Specialty Property for Sale

    A specialty property is available for sale. The list price is $410,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Realty agency Restaurant Clothing Store Gym & Fitness Daycare Center Accounting Firm Kitchen & Bath Food Market HVAC Service Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Crofton
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.6648121
    Latitude
    39.0100235

    Nearby Similar for Sale

    • $400,000
      1,620 SF

      Spacious Crofton Townhome with Updates

      Well-maintained townhome with modern updates and convenient location.
      1736 Gunwood Pl, Crofton, MD 21114
      View Details
    • $399,900
      1,396 SF

      Immaculate Townhome-Condo in Wellfleet Mews

      End unit with updates, desirable location, and community amenities.
      2441 Lizbec Ct, Crofton, MD 21114
      View Details
    • $299,000

      Renovated Condo in Crofton Mews

      Updated condo with new HVAC, flooring, and private backyard.
      1553 Lowell Ct, Crofton, MD 21114
      View Details
    • $400,000

      Light-Filled Crofton Townhome with Updates

      Updated 3-bedroom townhome in Crofton with flexible living space.
      2040 Forest Hill Ln, Crofton, MD 21114
      View Details
    • $425,000
      1,839 SF

      Updated Townhome in Crofton Square

      Updated townhome with two primary suites and bonus room.
      1822 Foxdale Ct, Crofton, MD 21114
      View Details
    • $370,000

      Updated Townhome in Crofton Community

      Updated 3-bedroom townhome with fenced backyard in desirable Crofton.
      2241 Aberdeen Dr, Crofton, MD 21114
      View Details
    • $519,000

      Remodeled Home with Community Amenities

      Updated home featuring modern kitchen, baths, and community pool.
      2561 Windy Oak Ct, Crofton, MD 21114
      View Details
    • $535,000

      End-Unit Home with Updated Kitchen

      End-unit home featuring a custom kitchen and updated primary suite.
      1766 Albermarle Dr, Crofton, MD 21114
      View Details
    • $360,000
      1,320 SF

      Spacious Townhome in Prime Location

      Well-maintained townhome with potential for updates in a convenient location.
      1746 Floral Ct, Crofton, MD 21114
      View Details
    • Contact for pricing

      Retail and Office Space Available

      Retail and office spaces available with high traffic and signage.
      1657 Crofton Blvd, Crofton, MD 21114
      View Details
    • $7,000,000

      Class A Office Building

      50,616 SF Class A office building for sale.
      2191 Defense Hwy, Crofton, MD 21114
      View Details
    • $485,000

      Crofton Specialty Property For Sale

      Specialty property available for sale in Crofton, Maryland.
      2675 Worrell Ct, Crofton, MD 21114
      View Details

    FAQs

    What type of property is this?
    Specialty property - Specialty property available for purchase in Crofton, Maryland.
    Where is this specialty property located?
    The property is located at 2510 Log Mill Ct Crofton, MD.
    What is the asking price?
    The asking price for this property is $410,000.
    What are key features of this property?
    This property features: - Year Built: 1992; - Price: $11
    (443) 975-8626
    Request Owner's contact information
    2510 Log Mill Ct Crofton, MD 21114
    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.
    2510 Log Mill Ct
    Crofton, MD 21114
    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
    2510 Log Mill Ct Crofton, MD 21114
    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

    We can help!
    Listing Contact
    Christian Alexander Olson
    (443) 975-8626
    Learn more
    Google sign-in failed. Please try again or use another login method.