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    Property profile & analytics

    1116 Colora Rd Colora, MD 21917-1260

    • Commercial real estate
    • 676 SF
    • 0.37 lot acres
    OFF-MARKET
    Value Estimation
    $160,000
    Last Sale
    Oct 10, 2023
    $175,000
    Location Intelligence
    Property ID
    US40-1246189
    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

    • Commercial real estate

    Property Details for 1116 Colora Rd

    Year built
    1920
    Construction
    BRICK
    Lot size
    0.37 lot acres
    Property size
    676 SF
    Zone code
    VR
    Property type
    Commercial real estate
    APN
    06-002544
    APU
    6002544

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Colora
    County
    Cecil
    State
    Maryland
    Longitude
    -76.0991
    Latitude
    39.6732
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-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
    2024
    $795
    $0.00
    $0.00
    $67,133
    -
    $68,400
    $0.00
    $68,400

    Comparable in this City

    • Value Estimation by Request
      13.21 Acres

      Colora Rd

      COMMERCIAL (GENERAL) • 13.21 Acres
      Colora Rd, Colora, MD 21917
      View Details
    • Value Estimation by Request
      9.16 Acres

      Nesbitt Rd

      COMMERCIAL (GENERAL) • 9.16 Acres
      Nesbitt Rd, Colora, MD 21917
      View Details
    • Value Estimation by Request
      28.23 Acres

      350 Nesbitt Rd

      COMMERCIAL (GENERAL) • 28.23 Acres
      350 Nesbitt Rd, Colora, MD 21917-1147
      View Details
    • Value Estimation by Request
      38.55 Acres

      Love Run Rd

      COMMERCIAL (GENERAL) • 38.55 Acres
      Love Run Rd, Colora, MD 21917
      View Details
    • Value Estimation by Request
      8.85 Acres

      Colora Rd

      COMMERCIAL (GENERAL) • 8.85 Acres
      Colora Rd, Colora, MD 21917
      View Details
    • Value Estimation by Request
      1,064 SF

      823 Harrisville Rd

      COMMERCIAL (GENERAL) • 1,064 SF
      823 Harrisville Rd, Colora, MD 21917-1239
      View Details

    Similar Nearby for Sale

    • $415,000

      Colora Road Specialty Property

      Specialty property available for sale on Colora Road.
      1668 Colora Rd, Colora, MD 21917
      View Details
    • $1,000,000

      52 Acres of Land Package

      52+/- acres across three parcels, potential for subdivision.
      Colora Rd, Colora, MD 21917
      View Details
    • $1,000,000

      52 Acres of Land For Sale

      52+/- acres available, featuring potential for minor subdivision.
      Colora Rd, Colora, MD 21917
      View Details
    • $110,000
      1.02 Acres

      Residential Building Lot in Colora

      1.02 acre residential building lot with existing utilities.
      148 Macintosh Dr, Colora, MD 21917
      View Details
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    1116 Colora Rd
    Colora, MD 21917-1260
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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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