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    Property profile & analytics

    1307 Merritt Blvd Baltimore, MD 21222-2109

    • Medical offices
    • 4,500 SF
    • 0.88 lot acres
    OFF-MARKET
    Value Estimation
    $2,595,000
    Last Sale
    Oct 29, 2024
    $2,600,000
    Location Intelligence
    Property ID
    US40-1054591
    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

    • Reid Maurice N MD / Doctor
    • RACHEL N GAINES-MBACHU / Physician Assistant
    • ExpressCare Urgent Care Center - Dundalk / Urgent Care Center / Health Consultant

    Property Details for 1307 Merritt Blvd

    Year built
    1987
    Construction
    BRICK
    Lot size
    0.88 lot acres
    Property size
    4,500 SF
    Zone code
    BM
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    12-1220032130
    APU
    121220032130

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,600,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,940,000
      6.5%
      $2,610,000
      7%
      $2,645,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,335,000
      Geo Method
      $2,550,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,635,000
      Retail
      $2,565,000
      Mixed-Use
      $2,390,000
      Hospitality
      $2,790,000
      Educational
      $2,940,000
      Residential Income
      $2,530,000
      Energy
      $2,555,000
      Income-Based Land
      $2,785,000
      Food Service
      $2,940,000

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.5042
    Latitude
    39.2798
    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
    $6,859
    $575,000
    $406,900
    $981,900
    -
    $575,000
    $406,900
    $981,900

    Comparable in this City

    • Value Estimation by Request
      14,594 SF

      2800 Sollers Pt Rd

      MEDICAL BUILDING • 14,594 SF
      2800 Sollers Pt Rd, Dundalk, MD 21222-4647
      View Details
    • Value Estimation by Request
      40,035 SF

      1576 Merritt Blvd

      MEDICAL BUILDING • 40,035 SF
      1576 Merritt Blvd, Baltimore, MD 21222-2132
      View Details
    • Value Estimation
      $245,000
      4,650 SF

      207 Wise Ave

      MEDICAL BUILDING • 4,650 SF
      207 Wise Ave, Baltimore, MD 21222-4911
      View Details
    • Value Estimation by Request
      7,500 SF

      2112 Dundalk Ave

      MEDICAL BUILDING • 7,500 SF
      2112 Dundalk Ave, Baltimore, MD 21222-3714
      View Details
    • Value Estimation by Request
      2,536 SF

      1665 Merritt Blvd

      MEDICAL BUILDING • 2,536 SF
      1665 Merritt Blvd, Baltimore, MD 21222-2117
      View Details
    • Value Estimation
      $980,000
      5,578 SF

      6730 Holabird Ave

      MEDICAL BUILDING • 5,578 SF
      6730 Holabird Ave, Dundalk, MD 21222-1700
      View Details

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    Similar Nearby for Lease

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    • $2,800 /Mo

      Detached Office Building For Rent

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    • $500 /Mo
      800 SF

      Furnished Office Space in Dundalk

      Class B office space with utilities included in Dundalk.
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    Baltimore, MD 21222-2109
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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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