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    Property profile & analytics

    1240 Mt Harmony Rd Owings, MD 20736-8825

    • Investment properties
    • 3,000 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US40-1291284
    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 1240 Mt Harmony Rd

    Year built
    1948
    Construction
    WOOD FRAME
    Lot size
    1.00 lot acres
    Property size
    3,000 SF
    Zone code
    RC
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    03-018059
    APU
    3018059

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Owings
    County
    Calvert
    State
    Maryland
    Longitude
    -76.5822
    Latitude
    38.703
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 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
    $3,112
    $0.00
    $0.00
    $299,500
    -
    $165,000
    $156,500
    $321,500

    Comparable in this City

    • Value Estimation by Request
      572 SF

      1295 Skinners Turn Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 572 SF
      1295 Skinners Turn Rd, Owings, MD 20736-3027
      View Details
    • Value Estimation by Request
      1,656 SF

      149 Thomas Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,656 SF
      149 Thomas Ave, Owings, MD 20736-3401
      View Details
    • Value Estimation by Request
      1,344 SF

      110 Thomas Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,344 SF
      110 Thomas Ave, Owings, MD 20736-3400
      View Details
    • Value Estimation by Request
      1,122 SF

      81 Chesapeake Bch Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,122 SF
      81 Chesapeake Bch Rd, Owings, MD 20736-9269
      View Details
    • Value Estimation
      $380,000
      1,992 SF

      179 Thomas Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,992 SF
      179 Thomas Ave, Owings, MD 20736-3401
      View Details
    • Value Estimation by Request
      884 SF

      141 Boothhaven Ln

      OFFICE/RESIDENTIAL (MIXED USE) • 884 SF
      141 Boothhaven Ln, Owings, MD 20736
      View Details

    Similar Nearby for Sale

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      Prime Owings location, established business, high potential.
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    • $630,000
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      Three buildings, strong income, prime location.
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    • $680,000

      Specialty Property for Sale

      Specialty property available for purchase.
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    • $639,900

      Specialty Property in Owings, MD

      Specialty property available for sale in Owings, Maryland.
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    • $105,000
      1.01 Acres

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    1240 Mt Harmony Rd
    Owings, MD 20736-8825
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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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