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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10202 Liberty Rd Randallstown, MD 21133-1406

    • Investment properties
    • 2,580 SF
    • 3.18 lot acres
    OFF-MARKET
    Value Estimations
    $575,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-2414708
    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

    • Investment properties

    Property Details for 10202 Liberty Rd

    Year built
    1889
    Lot size
    3.18 lot acres
    Property size
    2,580 SF
    Zone code
    RC5BR
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    02-0208000270
    APU
    20208000270

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $605,000
      6.5%
      $560,000
      7%
      $520,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $619,000
      Market price range: $397k - $3.44M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $860,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Randallstown
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.8328
    Latitude
    39.3877
    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
    $1,734
    $286,200
    $0.00
    $286,200
    -
    $286,200
    $0.00
    $286,200

    Comparable in this City

    • Value Estimation
      $900,000
      2,634 SF

      5105 Old Ct Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,634 SF
      5105 Old Ct Rd, Randallstown, MD 21133-4775
      View Details
    • Value Estimation by Request
      1,540 SF

      9122 Liberty Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,540 SF
      9122 Liberty Rd, Randallstown, MD 21133-3522
      View Details
    • Value Estimation by Request
      1,115 SF

      8619 Church Ln

      OFFICE/RESIDENTIAL (MIXED USE) • 1,115 SF
      8619 Church Ln, Randallstown, MD 21133-4632
      View Details
    • Value Estimation by Request
      1,558 SF

      9126 Liberty Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,558 SF
      9126 Liberty Rd, Randallstown, MD 21133-3522
      View Details
    • Value Estimation by Request
      2,295 SF

      10642 Liberty Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,295 SF
      10642 Liberty Rd, Randallstown, MD 21133-1215
      View Details
    • Value Estimation
      $590,000
      1,992 SF

      10724 Liberty Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,992 SF
      10724 Liberty Rd, Randallstown, MD 21133-1007
      View Details

    Similar Nearby for Sale

    • $2,087,000
      9,791 SF

      Liberty Road Mixed-Use Investment

      Prime Randallstown Commercial Property
      9314 Liberty Rd, Randallstown, MD 21133
      View Details
    • $350,000

      Spacious Townhouse in Randallstown

      End-of-group townhouse with 4 bedrooms and updated systems.
      9624 Antler Cir, Randallstown, MD 21133
      View Details
    • $239,990
      0.65 Acres

      Residential Land in Randallstown, MD

      Residential land suitable for building a dream home or subdivision.
      1205/99 N Winands Rd N, Randallstown, MD 21133
      View Details
    • Contact for pricing

      Residential Parcel in Randallstown Area

      Residential parcel in Randallstown with access to Baltimore Beltway.
      4812 Valley Forge Rd, Randallstown, MD 21133
      View Details
    • $465,000

      Commercial Land For Sale

      Commercial land available for sale.
      3817 Marriottsville Rd, Randallstown, MD 21133
      View Details
    • $345,000

      Randallstown Specialty Property For Sale

      Specialty property available for purchase in Randallstown, Maryland.
      9519 Branchleigh Rd, Randallstown, MD 21133
      View Details

    Similar Nearby for Lease

    • $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
    • $10 SF/Yr
      5,100 SF

      Randallstown Flex Space Available

      Flex space available for sublet in Randallstown, Maryland.
      9633 Liberty Rd, Randallstown, MD 21133
      View Details
    • 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
    • $21 SF/Yr
      21,769 SF

      Old Court Road Office Space

      Randallstown Office Suites, 806-1800 SF
      5310 Old Court 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
    • 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
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    10202 Liberty Rd
    Randallstown, MD 21133-1406
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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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