Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    701 Pamela Dr Abingdon, MD 21009

    • Warehouses
    • 2,640 SF
    • 1.26 lot acres
    OFF-MARKET
    Value Estimations
    $265,000
    Show details
    Cap Rate Potential
    7.5%
    Warehouses
    Location Intelligence
    Property ID
    US40-1022173
    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

    • Warehouses

    Property Details for 701 Pamela Dr

    Year built
    1998
    Construction
    BRICK
    Lot size
    1.26 lot acres
    Property size
    2,640 SF
    Zone code
    R3
    Property type
    Warehouses
    APN
    01-042742
    APU
    1042742

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $260,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $290,000
      6.5%
      $265,000
      7%
      $250,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $334,000
      Market price range: $68.5k - $401k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Abingdon
    County
    Harford
    State
    Maryland
    Longitude
    -76.2486
    Latitude
    39.461
    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
    $0.00
    $205,200
    $190,000
    $395,200
    -
    $205,200
    $190,000
    $395,200

    Comparable in this City

    • Value Estimation
      $745,000
      21,600 SF

      1301 Governors Ctb

      WAREHOUSE, STORAGE • 21,600 SF
      1301 Governors Ctb, Abingdon, MD 21009-2331
      View Details
    • Value Estimation
      $280,000
      6,250 SF

      1302 Continental Dr

      WAREHOUSE, STORAGE • 6,250 SF
      1302 Continental Dr, Abingdon, MD 21009-2334
      View Details
    • Value Estimation
      $740,000
      27,000 SF

      1301 Continental Dr

      WAREHOUSE, STORAGE • 27,000 SF
      1301 Continental Dr, Abingdon, MD 21009-2338
      View Details
    • Value Estimation
      $6,595,000
      24,000 SF

      1305 Governors Ct

      WAREHOUSE, STORAGE • 24,000 SF
      1305 Governors Ct, Abingdon, MD 21009-2327
      View Details
    • Value Estimation
      $9,350,000
      23,800 SF

      403 Arundel Ct

      MINI-WAREHOUSE, STORAGE • 23,800 SF
      403 Arundel Ct, Abingdon, MD 21009-2588
      View Details
    • Value Estimation
      $1,025,000
      53,889 SF

      1306 Governors Ct

      WAREHOUSE, STORAGE • 53,889 SF
      1306 Governors Ct, Abingdon, MD 21009-2330
      View Details

    Similar Nearby for Sale

    • $339,000

      Abingdon Property For Sale

      Property for sale in Abingdon, Maryland.
      627 Stone Mill Ct, Abingdon, MD 21009
      View Details
    • $45,000

      Abingdon Specialty Property for Sale

      Specialty property available for purchase in Abingdon, Maryland.
      1219 Abinchar Dr, Abingdon, MD 21009
      View Details
    • $509,999

      Abingdon Specialty Property for Sale

      Specialty property available in Abingdon, Maryland.
      3713 Federal Ln, Abingdon, MD 21009
      View Details
    • $660,000

      Abingdon Specialty Property For Sale

      Specialty property available for purchase in Abingdon, Maryland.
      2605 Colpepper Rd, Abingdon, MD 21009
      View Details
    • $359,900

      Abingdon Specialty Property For Sale

      Specialty property in Abingdon, MD available for purchase.
      526 Callander Way, Abingdon, MD 21009
      View Details
    • $549,990

      Singer Road Specialty Property

      Specialty property available for sale on Singer Road.
      104 Singer Rd, Abingdon, MD 21009
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,350 SF

      Industrial Space with Easy Access

      Industrial space featuring dock, drive-in, and highway accessibility.
      1305 Governors Ct, Abingdon, MD 21009
      View Details
    • Contact for pricing
      51,480 SF

      Abingdon Industrial Flex Space

      51,480 SF flex space with loading docks for lease.
      1308 Continental Dr, Abingdon, MD 21009
      View Details
    • Contact for pricing
      60,000 SF

      Abingdon Warehouse with Loading Area

      60,000 SF warehouse with fenced loading and trailer storage.
      1305 Continental Dr, Abingdon, MD 21009
      View Details
    • $11 SF/Yr
      5,957 SF

      Flex Office in Abingdon, MD

      Single-story flex office building with Route 7 visibility.
      1309 Continental Dr, Abingdon, MD 21009
      View Details
    • $14 SF/Yr
      5,484 SF

      Flex Office Space in Abingdon

      Single-story flex office building with Route 7 visibility.
      1311 Continental Dr, Abingdon, MD 21009
      View Details
    • $1,950 /Mo

      Updated Townhome with Fenced Yard

      Clean, updated townhome in Abingdon with fenced backyard.
      136 Long Meadow Ct, Abingdon, MD 21009
      View Details
    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.
    701 Pamela Dr
    Abingdon, MD 21009
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.