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    8450 Elvaton Rd Millersville, MD 21108

    • Commercial real estate
    • 2,560 SF
    • 3.10 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US40-0837848
    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

    • Commercial real estate

    Property Details for 8450 Elvaton Rd

    Construction
    BRICK
    Lot size
    3.10 lot acres
    Property size
    2,560 SF
    Zone code
    C1
    Property type
    Commercial real estate
    APN
    03-000-11027901
    APU
    300011027901

    Description

    This exceptional 3.1-acre commercial land parcel presents a unique development opportunity in Millersville, Maryland. Situated at the intersection of Elvaton Road and Jumpers Hole Road, with convenient proximity to Route 2, this property boasts a highly desirable location with excellent visibility and accessibility. The Anne Arundel County address, 8450 Elvaton Road, zip code 21108, offers a strategic advantage for various commercial ventures. The zoning permits a wide range of uses, making it suitable for diverse development plans. Potential commercial applications include restaurants, childcare facilities, pharmacies, and professional office spaces. Additionally, the site's zoning also allows for residential development, such as multifamily dwellings or townhouses, providing flexibility for mixed-use projects. A previous engineering report is available for review, providing valuable insights into the site's characteristics and potential development considerations. This prime location and versatile zoning make this 3.1-acre parcel an exceptional investment opportunity for developers seeking a high-impact project in a thriving Maryland community. The property's latitude and longitude coordinates are 39.120567 and -76.58932 respectively. This is a rare chance to acquire a significant land holding in a rapidly growing area.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Millersville
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.5893
    Latitude
    39.1206
    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
    $8,923
    $817,000
    $100
    $817,100
    -
    $817,000
    $100
    $817,100

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    8450 Elvaton Rd
    Millersville, MD 21108
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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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