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    Property profile & analytics

    3244 Laurel Ft Meade Rd Laurel, MD 20724-1314

    • Grocery and convenience stores
    • 1,242 SF
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US40-0861752
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 3244 Laurel Ft Meade Rd

    Year built
    1960
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.60 lot acres
    Property size
    1,242 SF
    Zone code
    C1B
    Property type
    Grocery and convenience stores
    APN
    04-000-00051405
    APU
    400000051405

    Description

    This exceptional commercial property presents a unique investment opportunity in Laurel, Maryland. Situated on a highly trafficked road adjacent to Fort Meade, this 26,266 square foot lot boasts a prime C4 zoning designation, offering significant development potential. The property includes two existing buildings totaling 1,242 square feet, currently configured as a restaurant, built in 2002. The single-story structures provide immediate income potential or a solid foundation for redevelopment. The strategic location near Fort Meade ensures a substantial and consistent customer base, benefiting from the high density of residential and military personnel in the area. The C4 zoning allows for a wide range of commercial uses, making this property adaptable to various business ventures. This is an ideal opportunity for investors seeking a high-return investment in a thriving Maryland market. The property's size and zoning provide flexibility for expansion or redevelopment, catering to a variety of commercial needs. The existing restaurant infrastructure offers immediate revenue generation possibilities, while the ample land provides room for future growth. This location offers excellent visibility and accessibility, ensuring strong potential for success. Serious inquiries are encouraged to explore the full potential of this remarkable property.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.7763
    Latitude
    39.0916
    CBSA code
    12580
    CBSA name
    BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,927
    $0.00
    $0.00
    $451,167
    -
    $319,400
    $172,300
    $491,700

    Comparable in this City

    • Value Estimation by Request
      2,280 SF

      3497 Laurel Ft Meade Rd

      CONVENIENCE STORE • 2,280 SF
      3497 Laurel Ft Meade Rd, Laurel, MD 20724-2044
      View Details
    • Value Estimation by Request
      770 SF

      3384 Laurel Ft Meade Rd

      CONVENIENCE STORE • 770 SF
      3384 Laurel Ft Meade Rd, Laurel, MD 20724-2002
      View Details
    • Value Estimation by Request
      2,072 SF

      3460 Laurel Ft Meade Rd

      CONVENIENCE STORE • 2,072 SF
      3460 Laurel Ft Meade Rd, Laurel, MD 20724-2069
      View Details
    • Value Estimation
      $3,890,000
      3,230 SF

      3393 Laurel Ft Meade Rd

      CONVENIENCE STORE • 3,230 SF
      3393 Laurel Ft Meade Rd, Laurel, MD 20724-2001
      View Details
    • Value Estimation by Request
      3,240 SF

      3401 Laurel Ft Meade Rd

      CONVENIENCE STORE • 3,240 SF
      3401 Laurel Ft Meade Rd, Laurel, MD 20724-2003
      View Details
    • Value Estimation by Request
      2,691 SF

      Brock Brg Rd

      GROCERY, SUPERMARKET • 2,691 SF
      Brock Brg Rd, Laurel, MD 20724
      View Details

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    Laurel, MD 20724-1314
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    Realmo Value Estimation

    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.

    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.

    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
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