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    Property profile & analytics

    107 Mtn Rd Dundalk, MD 21122

    • Strip malls
    • 23,400 SF
    • 2.09 lot acres
    For Lease
    View listing
    $20 SF/Yr
    Value Estimation
    $3,920,000
    Last Sale
    Sep 16, 2024
    $3,830,000
    Location Intelligence
    Property ID
    US40-2332863
    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

    • Strip malls

    Property Details for 107 Mtn Rd

    Year built
    1989
    Construction
    BRICK
    Lot size
    2.09 lot acres
    Property size
    23,400 SF
    Zone code
    C4
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    03-000-32837200
    APU
    300032837200

    Description

    Lippin's Corner, located at 107 Mountain Road in Dundalk, Maryland, presents a significant retail opportunity. This single-tenant, 23,400 square foot strip center is entirely vacant and ready for immediate occupancy. The property is classified as Class B and was constructed in 1989. Situated in Anne Arundel County, zip code 21122, the building enjoys a high-visibility location with ample parking, making it highly attractive to businesses seeking strong foot traffic and convenient access. The address is officially listed as 107 Mountain Rd, Lake Shore, MD, though marketing materials may reference nearby Pasadena. The entire 23,400 square feet is available for lease, providing a substantial space for a variety of retail uses. This presents a unique chance to establish a prominent presence in a well-situated Dundalk commercial area. The property's size and location offer significant potential for a business seeking to expand or establish a new retail operation in a thriving community. Further details regarding lease terms and conditions are available upon request. The property is ready for immediate development and offers a blank canvas for a prospective tenant to create a successful retail venture.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,830,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,745,000
      6.5%
      $3,800,000
      7%
      $3,665,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,240,000
      Geo Method
      $4,265,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,975,000
      Retail
      $3,820,000
      Mixed-Use
      $4,260,000
      Hospitality
      $3,345,000
      Educational
      $3,695,000
      Residential Income
      $3,905,000
      Energy
      $4,525,000
      Income-Based Land
      $4,105,000
      Food Service
      $4,555,000

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.5832
    Latitude
    39.133
    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
    $36,893
    $888,200
    $2,490,300
    $3,378,500
    -
    $888,200
    $2,490,300
    $3,378,500

    Comparable in this City

    • Value Estimation by Request
      10,232 SF

      8111 Ft Smallwood Rd

      SHOPPING CENTER, STRIP CENTER • 10,232 SF
      8111 Ft Smallwood Rd, Pasadena, MD 21122
      View Details
    • Value Estimation by Request
      10,598 SF

      3019 Mtn Rd

      SHOPPING CENTER, STRIP CENTER • 10,598 SF
      3019 Mtn Rd, Pasadena, MD 21122-2015
      View Details
    • Value Estimation by Request
      18,462 SF

      8106 Ritchie Hwy

      SHOPPING CENTER, STRIP CENTER • 18,462 SF
      8106 Ritchie Hwy, Pasadena, MD 21122-6916
      View Details
    • Value Estimation by Request
      9,900 SF

      33 Magothy Bch Rd

      SHOPPING CENTER, STRIP CENTER • 9,900 SF
      33 Magothy Bch Rd, Pasadena, MD 21122-4413
      View Details
    • Value Estimation by Request
      6,050 SF

      3003 Mtn Rd

      SHOPPING CENTER, STRIP CENTER • 6,050 SF
      3003 Mtn Rd, Pasadena, MD 21122-2054
      View Details
    • Value Estimation
      $1,845,000
      7,930 SF

      8971 Ft Smallwood Rd

      SHOPPING CENTER, STRIP CENTER • 7,930 SF
      8971 Ft Smallwood Rd, Pasadena, MD 21122-2395
      View Details

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    Similar Nearby for Lease

    • $20 SF/Yr
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      Lippin's Corner: Dundalk Retail Space

      Prime Dundalk retail space, 23,400 sq ft.
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      View Details
    • Contact for pricing
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    • $24 SF/Yr
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      Recently renovated 820 SF retail/office space with high visibility.
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      View Details
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    107 Mtn Rd
    Dundalk, MD 21122
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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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