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    13200 Laurel - Bowie Rd Laurel, MD 20708
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    Property profile & analytics

    13200 Laurel - Bowie Rd, Laurel, MD 20708

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    • Retail properties & Spaces
    • 72,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 13200 Laurel - Bowie Rd

    Property type
    Retail properties & Spaces
    Property subtype
    Retail space

    Description

    Laurel Town Center, located at 13200 Laurel-Bowie Rd, Laurel, MD 20708, offers exceptional retail space in a repositioning shopping center. This 72,000 square foot center boasts a prime location at the signalized intersection of Contee Road and Laurel-Bowie Road, ensuring high visibility and accessibility. Five spaces are currently available, ranging from a minimum of 920 square feet to a maximum contiguous space of 2,459 square feet. The center is undergoing a revitalization, upgrading the tenant mix to create a vibrant and attractive shopping destination. The property features convenient access via traffic signals and cross easements to an adjacent grocery store, providing significant foot traffic and synergistic opportunities for potential tenants. This presents a unique chance to establish a presence in a thriving community undergoing positive transformation. The flexible space options cater to a variety of retail businesses, making it an ideal location for both established brands and emerging entrepreneurs. Interested parties should inquire about available space and lease terms. The property's strategic location and ongoing improvements make it a compelling investment opportunity in the dynamic Laurel, Maryland market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.8486
    Latitude
    39.0739

    Comparable in this City

    • Value Estimation
      $5,630,000
      11,342 SF

      12601 Laurel Bowie Rd

      RETAIL STORES (PERSONAL SERVICES)
      12601 Laurel Bowie Rd, Laurel, MD 20708-2603
      View Details
    • Value Estimation
      $935,000
      2,640 SF

      11711 Laurel Bowie Rd

      RETAIL STORES (PERSONAL SERVICES)
      11711 Laurel Bowie Rd, Laurel, MD 20708-9743
      View Details
    • Value Estimation
      $2,615,000
      10,358 SF

      13600 Laurel Bowie Rd

      RETAIL STORES (PERSONAL SERVICES)
      13600 Laurel Bowie Rd, Laurel, MD 20708-1562
      View Details
    • Value Estimation
      $1,005,000
      1,750 SF

      9650 Muirkirk Rd

      RETAIL STORES (PERSONAL SERVICES)
      9650 Muirkirk Rd, Laurel, MD 20708-2605
      View Details
    • Value Estimation
      $1,455,000
      2,219 SF

      12705 Laurel Bowie Rd

      CONVENIENCE STORE
      12705 Laurel Bowie Rd, Laurel, MD 20708-2606
      View Details
    • Value Estimation
      $865,000
      2,747 SF

      9820 Mallard Dr

      CONVENIENCE STORE
      9820 Mallard Dr, Laurel, MD 20708
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8,225 SF

      Laurel Townhome Portfolio Opportunity

      Portfolio of 9 townhomes near major employers in Laurel, MD.
      11555 Laurelwalk Dr, Laurel, MD 20708
      View Details
    • $1,100,000
      1.38 Acres

      Land Near Baltimore-Washington Parkway

      1.38 acre commercial land with CGO zoning in Laurel, MD.
      12513 Laurel Bowie Rd, Laurel, MD 20708
      View Details
    • $250,000
      1.47 Acres

      Land in Laurel, Maryland

      Undeveloped land requiring connection to public water and sewer systems.
      11690 Duckettown Rd, Laurel, MD 20708
      View Details
    • $169,900
      0.63 Acres

      Laurel Land Parcel For Sale

      0.63-acre vacant parcel in Laurel, MD for custom residence.
      11704 Duckettown Rd, Laurel, MD 20708
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Class A Industrial/Warehouse Building

      37,000 SF Class A industrial/warehouse building for lease.
      13380 Mid Atlantic Blvd, Laurel, MD 20708
      View Details
    • Contact for pricing
      2,000 SF

      Laurel Retail Space For Lease

      72,000 SF shopping center at Contee and Laurel Bowie Road.
      13200 Laurel Bowie Rd, Laurel, MD 20708
      View Details
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    Laurel, MD 20708
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    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
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