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    Property profile & analytics

    10078 Tyler Ct Ijamsville, MD 21754

    • Industrial properties
    • 16,400 SF
    • 9.77 lot acres
    For Sale
    View listing
    $6,800,000
    Last Sale
    Jun 07, 2023
    $4,200,000
    Value Estimations
    Cap Rate Potential
    3%
    Industrial properties
    Location Intelligence
    Property ID
    US40-0525971
    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

    • PlayMark, Inc. / Equipment Supplier
    • Sport Systems LLC / Contractor / Sports Activity Location

    Property Details for 10078 Tyler Ct

    Year built
    1986
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    9.77 lot acres
    Property size
    16,400 SF
    Zone code
    LI
    Property type
    Industrial properties
    Property subtype
    Loft space
    APN
    07-214286
    APU
    7214286

    Description

    This exceptional Ijamsville, Maryland industrial property offers a unique investment opportunity encompassing 9.77 acres of land. The portfolio includes four buildings totaling 28,000 square feet of flexible space, perfectly suited for a variety of uses. The main building boasts 8,000 square feet of office space, including a mezzanine level, and 16,000 square feet of warehouse space distributed across two levels, equipped with nine grade-level roll-up doors. Ample parking is available with 34 spaces. In addition to the main building, there's a 12,000 square foot tension fabric structure featuring 36-foot ceilings and two loading docks, and a smaller 4,500 square foot tension fabric structure. Significant outdoor storage is also available, totaling 60,000 square feet. The property is zoned LI and conveniently located off I-270 at exit 22, in Frederick County's southernmost industrial park. Utilities consist of a well and septic system. The asking price for the entire portfolio is $6,800,000. Lease options are available, starting at $12 per square foot plus NNN charges for spaces ranging from 2,000 square feet. This property presents a rare opportunity to acquire a versatile and well-located industrial complex.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $4,185,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,863,000
      Market price range: $805k - $2.86M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $3,820,000
      Current use
      OFFICE BUILDING
      $5,200,000
      Change: +36% Conversion: Difficult
      RESTAURANT
      $5,130,000
      Change: +34% Conversion: Difficult
      RETAIL STORES
      $3,660,000
      Change: -4% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $3,615,000
      Change: -5% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Ijamsville
    County
    Frederick
    State
    Maryland
    Longitude
    -77.3171
    Latitude
    39.2906
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 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
    $35,543
    $0.00
    $0.00
    $2,942,200
    -
    $1,010,600
    $1,947,500
    $2,958,100

    Comparable in this City

    • Value Estimation
      $3,380,000
      20,000 SF

      10075 Tyler Ct

      INDUSTRIAL LOFT BUILDING • 20,000 SF
      10075 Tyler Ct, Ijamsville, MD 21754-8769
      View Details
    • Value Estimation
      $2,845,000
      31,187 SF

      9607 Doctor Perry Rd

      INDUSTRIAL LOFT BUILDING • 31,187 SF
      9607 Doctor Perry Rd, Ijamsville, MD 21754-8757
      View Details
    • Value Estimation
      $3,225,000
      16,588 SF

      10081 Tyler Ct

      INDUSTRIAL LOFT BUILDING • 16,588 SF
      10081 Tyler Ct, Ijamsville, MD 21754-8753
      View Details
    • Value Estimation
      $3,670,000
      4,500 SF

      9416 Doctor Perry Rd

      INDUSTRIAL LOFT BUILDING • 4,500 SF
      9416 Doctor Perry Rd, Ijamsville, MD 21754-8700
      View Details
    • Value Estimation by Request
      1,405 SF

      10097 Tyler Ct Ste, Unit 14

      CONDOMINIUMS (INDUSTRIAL) • 1,405 SF
      10097 Tyler Ct Ste, Ijamsville, MD 21754-8772
      View Details
    • Value Estimation by Request
      1,435 SF

      10097 Tyler Ct Ste, Unit 1

      CONDOMINIUMS (INDUSTRIAL) • 1,435 SF
      10097 Tyler Ct Ste, Ijamsville, MD 21754-8772
      View Details

    Similar Nearby for Sale

    • $6,800,000
      4,500 SF

      Ijamsville Industrial Portfolio

      Multi-building flex space, ideal for lease or purchase
      10078 Tyler Ct, Ijamsville, MD 21754
      View Details
    • $2,470,200

      IJAMSVILLE Specialty Property For Sale

      Specialty property available for purchase in IJAMSVILLE, Maryland.
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      Ijamsville Specialty Property For Sale

      Specialty property available for purchase in Ijamsville, Maryland.
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    • $2,995,000

      Agricultural Land in Ijamsville, Maryland

      Agricultural property for sale in Ijamsville, Maryland.
      3460 Big Woods Rd, Ijamsville, MD 21754
      View Details
    • $1,299,000

      IJAMSVILLE Specialty Property For Sale

      Specialty property available for purchase in IJAMSVILLE, Maryland.
      10035 Pebble Beach Ter, Ijamsville, MD 21754
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    • $1,500,000

      32 Acres at Sugarloaf Mountain

      Land with mountain views, well, and perc approval.
      Doctor Perry Rd, Ijamsville, MD 21754
      View Details

    Similar Nearby for Lease

    • $2,015 /Mo

      Flex Space on Route 355

      Flex space with frontage on Route 355 near I-270.
      10097 Tyler Ct, Ijamsville, MD 21754
      View Details
    • $1,500 /Mo

      Office Space Near I-270

      Office space in established business park, close to I-270.
      10075 Tyler Ct, Ijamsville, MD 21754
      View Details
    • $16 SF/Yr

      Office Space for Lease

      Office space available for lease in Urbana, Maryland.
      2502 Urbana Pike, Urbana, MD 21754
      View Details
    • Contact for pricing
      19,000 SF

      Lake Linganore Retail Center

      Prime Ijamsville Retail Space Available
      Linganore Lk, Ijamsville, MD 21754
      View Details
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    Ijamsville, MD 21754
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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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