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Property profile & analytics

10070 Washington Blvd N Laurel, MD 20723

  • Retail space
  • 2,475 SF
  • 0.65 lot acres
Value Estimation
Last Sale
Oct 14, 2021
$440,000
Location Intelligence
Property ID
US40-0696522
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

  • Kake Korner / Bakery / Cake Shop

Property Details for 10070 Washington Blvd N

Year built
1905
Construction
WOOD
Lot size
0.65 lot acres
Property size
2,475 SF
Zone code
CACLI
Property type
Retail space
APN
06-432468
APU
6432468

Description

This exceptional retail property presents a rare investment opportunity in the heart of Howard County's North Laurel. Situated on a highly visible 0.65-acre corner lot at the intersection of Washington Boulevard (Route 1) and Madison Avenue, this location boasts unparalleled exposure to a high volume of traffic. The property benefits from highway-facing signage and convenient access via curb cuts on both Washington Boulevard and Madison Avenue, ensuring easy access for customers and employees. The 3,411 square foot building is spread across three levels, offering significant flexibility. The lower level, which is above grade on the side and rear, features a walk-out door ideal for deliveries or the creation of a separate unit. The building's layout allows for division into three distinct units, each exceeding 1,000 square feet of usable space. Zoned CAC (Corridor Activity Center) with a CLI (Continuing Light Industrial) overlay, this property offers significant redevelopment potential as a pad site for new construction. Currently occupied by a retail bakery, the business, including all fixtures, furniture, and equipment (FF&E), is available for an additional $115,000. Alternatively, the existing bakery business can be relocated (see separate MLS listing for details). Ample parking is available in both front and rear lots, and a drive-through lane adds further convenience. This property represents a unique chance to acquire a well-located, versatile commercial space with substantial upside potential.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $345,000
  • CAP approach

    CAP return
    Estimation
    6%
    $415,000
    6.5%
    $385,000
    7%
    $385,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $405,000
    Geo Method
    $470,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $390,000
    Retail
    $445,000
    Mixed-Use
    $460,000
    Hospitality
    $355,000
    Educational
    $360,000
    Residential Income
    $465,000
    Energy
    $490,000
    Income-Based Land
    $480,000
    Food Service
    $375,000

Location Insight

  • Map
  • Local Demand
City
Laurel
County
Howard
State
Maryland
Longitude
-76.8392
Latitude
39.1092
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
2022
$4,895
$0.00
$0.00
$436,600
-
$254,800
$185,600
$440,400
More about this property
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