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    Property profile & analytics

    1114 State Rte 3rd N Gambrills, MD 21054-1735

    • Investment properties
    • 686 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    $300,000
    Location Intelligence
    Property ID
    US40-0480005
    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 1114 State Rte 3rd N

    Construction
    FRAME
    Lot size
    0.20 lot acres
    Property size
    686 SF
    Zone code
    C4
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    04-000-04183200
    APU
    400004183200

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $325,000
      6.5%
      $300,000
      7%
      $345,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $360,000
      Geo Method
      $350,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $315,000
      Retail
      $335,000
      Mixed-Use
      $315,000
      Hospitality
      $325,000
      Educational
      $320,000
      Residential Income
      $350,000
      Energy
      $285,000
      Income-Based Land
      $360,000
      Food Service
      $280,000

    Location Insight

    • Map
    • Local Demand
    City
    Gambrills
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.6936
    Latitude
    39.0248
    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
    $2,753
    $251,100
    $1,000
    $252,100
    -
    $251,100
    $1,000
    $252,100

    Comparable in this City

    • Value Estimation by Request
      1,222 SF

      1133 State Rte 3rd N

      OFFICE/RESIDENTIAL (MIXED USE) • 1,222 SF
      1133 State Rte 3rd N, Gambrills, MD 21054-1715
      View Details
    • Value Estimation by Request
      736 SF

      1085 State Rte 3rd N

      OFFICE/RESIDENTIAL (MIXED USE) • 736 SF
      1085 State Rte 3rd N, Gambrills, MD 21054-1722
      View Details
    • Value Estimation
      $425,000
      682 SF

      Ln

      OFFICE/RESIDENTIAL (MIXED USE) • 682 SF
      Ln, Gambrills, MD 21054
      View Details
    • Value Estimation by Request
      936 SF

      1079 State Rte 3rd N Ln

      OFFICE/RESIDENTIAL (MIXED USE) • 936 SF
      1079 State Rte 3rd N Ln, Gambrills, MD 21054-1722
      View Details
    • Value Estimation by Request
      2,916 SF

      747 Annapolis Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,916 SF
      747 Annapolis Rd, Gambrills, MD 21054-1308
      View Details
    • Value Estimation
      $285,000
      1,128 SF

      2670 Carver Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,128 SF
      2670 Carver Rd, Gambrills, MD 21054-1717
      View Details

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    • Contact for pricing
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    Similar Nearby for Lease

    • Contact for pricing
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      Retail Space in Waugh Chapel

      Retail and dining destination in Gambrills, Maryland.
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      Medical office space for lease in Waugh Chapel Town Centre.
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      View Details
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    Gambrills, MD 21054-1735
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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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