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    8730 Liberty Rd Randallstown, MD 21133-4710

    • Outlet malls
    • 160,908 SF
    • 18.18 lot acres
    OFF-MARKET
    Last Sale
    Apr 14, 2023
    $28,772,332
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-1570632
    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

    • Outlet malls

    Property Details for 8730 Liberty Rd

    Year built
    2012
    Lot size
    18.18 lot acres
    Property size
    160,908 SF
    Zone code
    BMCCC
    Property type
    Outlet malls
    APN
    02-2500008768
    APU
    22500008768

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Randallstown
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.7818
    Latitude
    39.3658
    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
    $259,584
    $3,636,000
    $16,168,000
    $19,804,000
    -
    $3,636,000
    $16,168,000
    $19,804,000

    Comparable in this City

    • Value Estimation
      $1,405,000
      103,315 SF

      8729 Liberty Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 103,315 SF
      8729 Liberty Rd, Randallstown, MD 21133-4708
      View Details
    • Value Estimation
      $1,060,000
      61,020 SF

      8606 Liberty Rd, Unit 8608

      WHOLESALE OUTLET, DISCOUNT STORE • 61,020 SF
      8606 Liberty Rd, Randallstown, MD 21133-4727
      View Details
    • Value Estimation by Request
      6,989 SF

      9860 Liberty Rd

      SHOPPING CENTER, STRIP CENTER • 6,989 SF
      9860 Liberty Rd, Randallstown, MD 21133-2007
      View Details
    • Value Estimation by Request
      14,500 SF

      9818 Liberty Rd

      SHOPPING CENTER, STRIP CENTER • 14,500 SF
      9818 Liberty Rd, Randallstown, MD 21133-2038
      View Details
    • Value Estimation by Request
      20,240 SF

      9828 Liberty Rd

      SHOPPING CENTER, STRIP CENTER • 20,240 SF
      9828 Liberty Rd, Randallstown, MD 21133-2007
      View Details
    • Value Estimation
      $1,495,000
      16,008 SF

      Tolworth Cir

      SHOPPING CENTER, STRIP CENTER • 16,008 SF
      Tolworth Cir, Randallstown, MD 21133
      View Details

    Similar Nearby for Sale

    • $2,087,000
      1.38 Acres

      Liberty Road Industrial Complex

      14,200 SF Industrial Property, MD
      9314 Liberty Rd, Randallstown, MD 21133
      View Details
    • Contact for pricing
      5,000 SF

      Retail Building with Large Parking

      5,000 SF retail building with 20,000 SF parking lot.
      9324 Liberty Rd, Randallstown, MD 21133
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    • $5,375,323
      14,448 SF

      Walgreens Retail Investment, MD

      High-Yield Walgreens, Prime Location
      9110 Liberty Rd, Randallstown, MD 21133
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      Retail Space with Shared Parking

      Retail property featuring shared parking in Randallstown, Maryland.
      8635 Liberty Rd, Randallstown, MD 21133
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    • $389,000

      Randallstown Specialty Property For Sale

      Specialty property available for purchase in Randallstown, Maryland.
      9302 Silver Charm Dr, Randallstown, MD 21133
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    • $325,000

      Specialty Property for Sale

      Specialty property available for purchase.
      3803 Marriottsville Rd, Randallstown, MD 21133
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    Similar Nearby for Lease

    • Contact for pricing
      1,409 SF

      Randallstown Retail Space Available

      10,741 SF junior anchor space for lease.
      8511-8521 Liberty Rd, Randallstown, MD 21133
      View Details
    • Contact for pricing
      3,000 SF

      Randallstown Retail Space Available

      Retail space available in Randallstown's premier shopping center.
      8606-8660 Liberty Rd, Randallstown, MD 21133
      View Details
    • Contact for pricing

      Retail Space in Brenbrook Plaza

      Prime retail space in Randallstown's Brenbrook Plaza for lease.
      3442 NW Brenbrook Dr, Randallstown, MD 21133
      View Details
    • Contact for pricing
      113,516 SF

      Randallstown Plaza Restaurant Space

      Prime Restaurant/Retail Space in MD
      3653 Offutt Rd, Randallstown, MD 21133
      View Details
    • $18 SF/Yr
      2,200 SF

      Randallstown Retail, Restaurant, Office Spaces

      Retail, restaurant, and office spaces available in Randallstown, MD.
      3637-3695 Offutt Rd, Randallstown, MD 21133
      View Details
    • Contact for pricing
      13,846 SF

      Randallstown Retail Space For Rent

      Retail space available near Liberty Plaza and Liberty Court.
      3506 Brenbrook Dr, Randallstown, MD 21133
      View Details

    Property Visit Statistics

    • Visits by month
      242.1k
    • Visitors by month
      125.2k
    • Avg Time on site
      37 min
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    8730 Liberty Rd
    Randallstown, MD 21133-4710
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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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