Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10251 Bird Riv Rd Baltimore, MD 21220-1537

    • Investment properties
    • 3,522 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimations
    $625,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-2318006
    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 10251 Bird Riv Rd

    Year built
    1941
    Construction
    BRICK
    Lot size
    1.00 lot acres
    Property size
    3,522 SF
    Zone code
    BL
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    15-1508002710
    APU
    151508002710

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $810,000
      6.5%
      $750,000
      7%
      $695,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $610,000
      Market price range: $611k - $1.24M
      AI Estimate
      $520,000
      Market price range: $521k - $1.04M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $865,000
      Current use
      AUTO REPAIR, GARAGE
      $815,000
      Change: -6% Conversion: Difficult
      OFFICE BUILDING
      $725,000
      Change: -16% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.4223
    Latitude
    39.3655
    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
    $2,838
    $150,000
    $160,200
    $310,200
    -
    $150,000
    $160,200
    $310,200

    Comparable in this City

    • Value Estimation
      $510,000
      1,854 SF

      10631 Bird Riv Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,854 SF
      10631 Bird Riv Rd, Baltimore, MD 21220-1511
      View Details
    • Value Estimation by Request
      924 SF

      414 Earls Rd, Unit B

      OFFICE/RESIDENTIAL (MIXED USE) • 924 SF
      414 Earls Rd, Baltimore, MD 21220-1614
      View Details
    • Value Estimation by Request
      1,701 SF

      424 Earls Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,701 SF
      424 Earls Rd, Baltimore, MD 21220-1614
      View Details
    • Value Estimation by Request
      768 SF

      5 Emala Ave, Unit 7

      OFFICE/RESIDENTIAL (MIXED USE) • 768 SF
      5 Emala Ave, Middle River, MD 21220-2807
      View Details
    • Value Estimation by Request
      960 SF

      126 Earls Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 960 SF
      126 Earls Rd, Baltimore, MD 21220-1611
      View Details
    • Value Estimation by Request
      1,694 SF

      416 Earls Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,694 SF
      416 Earls Rd, Baltimore, MD 21220-1614
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.76 Acres

      White Marsh Mixed-Use Development Opportunity

      Prime Retail & Restaurant Pads in White Marsh, MD
      10499 Campbell Blvd, Middle River, MD 21220
      View Details
    • $494,990
      Pending

      Van Dorn Townhome in Greenleigh

      Single-family living with modern amenities and optional fourth floor.
      6628 Camden St, Middle River, MD 21220
      View Details
    • $465,000
      0.81 Acres

      Waterfront Land on Frog Mortar

      Waterfront land to build your dream home with breathtaking views.
      Frog Mortar Rd, Middle River, MD 21220
      View Details
    • $2,200,000

      Waterfront Corner Lot on Eastern

      Waterfront corner lot on heavily trafficked Eastern Blvd.
      2005 Eastern Blvd, Middle River, MD 21220
      View Details
    • Contact for pricing
      11,790 SF

      Middle River Warehouse with Office

      11,790 SF warehouse with office and drive-in doors.
      1701 Leland Ave, Middle River, MD 21220
      View Details
    • $625,000

      Kingston Park Land For Sale

      Land available in Kingston Park, Middle River.
      78 W Kingston Park Ln, Middle River, MD 21220
      View Details

    Similar Nearby for Lease

    • New
      $2,200 /Mo
      18,731 SF

      Commercial Space in Middle River

      Versatile commercial space suitable for various business types.
      12406 Eastern Ave, Middle River, MD 21220
      View Details
    • $2,800 /Mo

      Office Space with Full Amenities

      Office space featuring four offices, kitchen, bath, and storage.
      15 Bowleys Quarters Rd, Middle River, MD 21220
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space with Roadside Visibility

      Retail space with high traffic and development potential.
      1202 Martin Blvd, Middle River, MD 21220
      View Details
    • $2,200 /Mo

      Commercial Space Ready For Rent

      Commercial space with open floor plan and private rooms.
      12406 Eastern Ave, Middle River, MD 21220
      View Details
    • Contact for pricing
      115,000 SF

      Middle River Warehouse Space Available

      115,000 sqft warehouse/industrial space for lease in Middle River.
      3407 Carroll Island Rd, Middle River, MD 21220
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space with Roadside Visibility

      Retail space with high traffic and development potential.
      1202 Middle River Rd, Baltimore, MD 21220
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10251 Bird Riv Rd
    Baltimore, MD 21220-1537
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!