Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    11101 Johns Hopkins Rd Laurel, MD 20723-6006

    • Office buildings
    • 211,144 SF
    • 35.09 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-1531677
    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

    • APL Building 200 / Research Institute
    • APL South Campus / University

    Property Details for 11101 Johns Hopkins Rd

    Year built
    2012
    Construction
    STEEL FRAME
    Lot size
    35.09 lot acres
    Property size
    211,144 SF
    Zone code
    PEC
    Property type
    Office buildings
    APN
    05-371767
    APU
    5371767

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $85,756,000
      Market price range: $36.2M - $85.8M
      AI Estimate
      $65,959,000
      Market price range: $39.0M - $66.0M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $62,200,000
      Current use
      AUTO REPAIR, GARAGE
      $77,820,000
      Change: +25% Conversion: Difficult
      RETAIL STORES
      $63,035,000
      Change: +1% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Howard
    State
    Maryland
    Longitude
    -76.8996
    Latitude
    39.1585
    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
    2022
    $0.00
    $0.00
    $0.00
    $129,874,633
    -
    $12,612,000
    $117,276,300
    $129,888,300

    Comparable in this City

    • Value Estimation by Request
      149,990 SF

      9025 Sterling Dr

      OFFICE BUILDING • 149,990 SF
      9025 Sterling Dr, Laurel, MD 20723-1495
      View Details
    • Value Estimation by Request
      1,156 SF

      9757 Rte 1st 1

      OFFICE BUILDING • 1,156 SF
      9757 Rte 1st 1, Laurel, MD 20723
      View Details
    • Value Estimation
      $1,775,000
      2,500 SF

      9371 Davis Ave

      OFFICE BUILDING • 2,500 SF
      9371 Davis Ave, Laurel, MD 20723-1913
      View Details
    • Value Estimation
      $4,520,000
      20,700 SF

      11100 Johns Hopkins Rd

      OFFICE BUILDING • 20,700 SF
      11100 Johns Hopkins Rd, Laurel, MD 20723-6005
      View Details
    • Value Estimation by Request
      2,326 SF

      9921 Washington N Blvd

      OFFICE BUILDING • 2,326 SF
      9921 Washington N Blvd, Laurel, MD 20723-1993
      View Details
    • Value Estimation
      $950,000
      1,602 SF

      10084 Washington N Blvd

      OFFICE BUILDING • 1,602 SF
      10084 Washington N Blvd, Laurel, MD 20723-1902
      View Details

    Similar Nearby for Sale

    • $649,999

      Cissell Avenue Specialty Property

      Specialty property available for sale on Cissell Avenue.
      9560 Cissell Ave, Laurel, MD 20723
      View Details
    • $314,900
      1,152 SF

      Renovated Townhome in Moonshine Hollow

      Updated townhome with modern finishes, private patio, and finished basement.
      9090 Moonshine Holw, Laurel, MD 20723
      View Details
    • $640,000
      2,432 SF

      Updated Townhome in Emerson Community

      Well-maintained townhome with almost 2,500 sq ft of living space.
      9850 Solar Crse, Laurel, MD 20723
      View Details
    • $919,990

      Bolton Farm Land For Sale

      Land available on Bolton Farm Ln, Laurel, MD.
      9520 Bolton Farm Ln, Laurel, MD 20723
      View Details
    • $765,000

      Specialty Property for Sale

      Specialty property available for purchase.
      8200 Splashing Brook Ct, Laurel, MD 20723
      View Details
    • $410,000

      Laurel Specialty Property For Sale

      Specialty property available for purchase in Laurel, Maryland.
      9351 Cabot Ct, Laurel, MD 20723
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      153,838 SF

      Laurel Office Space For Rent

      Office building in Laurel, MD with 153,838 square feet.
      9161 Sterling Dr, Laurel, MD 20723
      View Details
    • Contact for pricing
      60,000 SF

      New Class A Office Space

      Premier office space in Southern Howard County Corporate Park.
      8935-8955 Stephens Rd, Laurel, MD 20723
      View Details
    • Contact for pricing
      153,838 SF

      Modern Office Building For Lease

      Spacious 153,838 SF office building built in 2014.
      9025 Sterling Dr, Laurel, MD 20723
      View Details
    • Contact for pricing
      163,450 SF

      Class A Office Building For Rent

      Four-story, 163,450 SF Class A office building for lease.
      9070 Sterling Dr, Laurel, MD 20723
      View Details
    • Contact for pricing
      153,838 SF

      Laurel Office Space Available

      Office building with 153,838 square feet available for rent.
      9111 Sterling Dr, Laurel, MD 20723
      View Details
    • $24 SF/Yr
      6,000 SF

      Laurel Retail and Office Space

      Retail and office spaces available in Laurel Lakes Corporate Center.
      13990-13994 Baltimore Ave, Laurel, MD 20723
      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.
    11101 Johns Hopkins Rd
    Laurel, MD 20723-6006
    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.