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    Property profile & analytics

    1678 Village Grn Crofton, MD 21114

    • Turn key restaurants
    • 2,558 SF
    • 0.42 lot acres
    For Sale
    View listing
    Value Estimation
    Last Sale
    Dec 29, 2022
    $675,000
    Location Intelligence
    Property ID
    US40-2353964
    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

    • Turn key restaurants

    Property Details for 1678 Village Grn

    Year built
    1964
    Construction
    BRICK
    Lot size
    0.42 lot acres
    Property size
    2,558 SF
    Zone code
    C1B
    Property type
    Turn key restaurants
    APN
    02-201-11932152
    APU
    220111932152

    Description

    This exceptional three-story, 4,447 square foot restaurant and bar is ideally situated in the heart of Crofton, Maryland, at 1678 Village Green, zip code 21114. Located in Anne Arundel County, this property boasts a highly desirable C1 (Local Commercial District) zoning. The building has recently undergone extensive renovations, encompassing both interior and exterior enhancements. These upgrades include significant improvements to the building's infrastructure, such as water, sewer, and gas lines, as well as the installation of a new 1,500-gallon grease trap. A new brick patio provides potential for outdoor seating overlooking a picturesque green space. The property's prime location is directly across from the Crofton Country Club on Crofton Parkway, placing it within the convenient Crofton Triangle, offering easy access to Washington D.C., Annapolis, and Baltimore. Ample parking is available. Further expansion possibilities exist, with potential to increase the building's size to approximately 7,500 square feet (details available upon request). Currently vacant, this property presents a unique opportunity for a discerning buyer to establish a thriving business in a high-traffic area.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $645,000

    • CAP approach

      CAP return
      Estimation
      6%
      $755,000
      6.5%
      $685,000
      7%
      $750,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $630,000
      Geo Method
      $745,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $745,000
      Retail
      $745,000
      Mixed-Use
      $765,000
      Hospitality
      $645,000
      Educational
      $675,000
      Residential Income
      $860,000
      Energy
      $770,000
      Income-Based Land
      $845,000
      Food Service
      $735,000

    Location Insight

    • Map
    • Local Demand
    City
    Crofton
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.6977
    Latitude
    39.0056
    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
    $5,378
    $396,000
    $96,500
    $492,500
    -
    $396,000
    $96,500
    $492,500

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    • Value Estimation
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      1,140 SF

      1669 State Rte 3rd N

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,140 SF
      1669 State Rte 3rd N, Crofton, MD 21114
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    • Value Estimation by Request
      2,750 SF

      2217 Defense Hwyf

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,750 SF
      2217 Defense Hwyf, Crofton, MD 21114-2558
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Crofton Restaurant/Bar - For Sale

      Prime Crofton location, 4,447 sq ft, vacant.
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    1678 Village Grn
    Crofton, MD 21114
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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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