Add Listing
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

    1330 Mccormick Dr Upper Marlboro, MD 20774-5398

    • Individual retail properties
    • 6,831 SF
    • 4.06 lot acres
    OFF-MARKET
    Value Estimations
    $750,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-1000619
    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

    • Meertins Aisha O / Physician
    • The Foundation School Of Prince George's County / Special Education Facility

    Property Details for 1330 Mccormick Dr

    Year built
    2004
    Lot size
    4.06 lot acres
    Property size
    6,831 SF
    Zone code
    RTOHE
    Property type
    Individual retail properties
    APN
    13-1425982
    APU
    131425982

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $750,000

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,015,000
      INDUSTRIAL (GENERAL)
      $1,000,000
      AUTO REPAIR, GARAGE
      $940,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Upper Marlboro
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.8446
    Latitude
    38.9076
    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
    $125,964
    $1,770,600
    $9,557,100
    $11,327,700
    -
    $1,770,600
    $9,557,100
    $11,327,700

    Comparable in this City

    • Value Estimation
      $3,775,000
      16,060 SF

      9800 Technology Way

      FINANCIAL BUILDING • 16,060 SF
      9800 Technology Way, Upper Marlboro, MD 20774-5400
      View Details
    • Value Estimation by Request
      550,000 SF

      10410-10696 Campus Way

      Individual retail properties • 550,000 SF
      10410-10696 Campus Way, Kettering, MD 20774
      View Details
    • Value Estimation
      $3,240,000
      8,500 SF

      798 Harry S Truman Dr

      RETAIL STORES (PERSONAL SERVICES) • 8,500 SF
      798 Harry S Truman Dr, Upper Marlboro, MD 20774-2056
      View Details
    • Value Estimation by Request
      3,255 SF

      1010 Largo Ctr Dr

      FINANCIAL BUILDING • 3,255 SF
      1010 Largo Ctr Dr, Upper Marlboro, MD 20774-3706
      View Details
    • Value Estimation
      $6,810,000
      14,808 SF

      9810 Apollo Dr

      RETAIL STORES (PERSONAL SERVICES) • 14,808 SF
      9810 Apollo Dr, Upper Marlboro, MD 20774-4824
      View Details
    • Value Estimation
      $555,000
      3,570 SF

      8 Crain Hwy

      RETAIL STORES (PERSONAL SERVICES) • 3,570 SF
      8 Crain Hwy, Upper Marlboro, MD 20774
      View Details

    Similar Nearby for Sale

    • New
      $800,000
      5.43 Acres

      Residential Land in Upper Marlboro

      Residential land with subdivision potential in growing Westphalia area.
      9410 Westphalia Rd, Upper Marlboro, MD 20774
      View Details
    • Contact for pricing
      2,800 SF

      Industrial Property with Outside Storage

      2.5 acres with warehouse and outside storage near DC.
      9208 Westphalia Rd, Upper Marlboro, MD 20774
      View Details
    • $635,000

      Upper Marlboro Specialty Property

      Specialty property available for sale in Upper Marlboro, MD.
      3708 Endicott Pl, Upper Marlboro, MD 20774
      View Details
    • $497,000
      9.02 Acres

      9-Acre Wooded Lot

      9-acre wooded lot in Upper Marlboro, MD, for sale.
      17905 Queen Anne Rd, Upper Marlboro, MD 20774
      View Details
    • $449,999
      Pending

      Upper Marlboro Specialty Property

      Specialty property available for sale in Upper Marlboro, MD.
      1121 Blue Wing Ter, Upper Marlboro, MD 20774
      View Details
    • $690,000

      Upper Marlboro Specialty Property

      Specialty property available for sale in Upper Marlboro, Maryland.
      1309 Merganser Ct, Upper Marlboro, MD 20774
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,878 SF

      Largo Power Center Retail Space

      Retail space in a well-positioned 550,000 SF power center.
      10440-10464 Campus Way S, Upper Marlboro, MD 20774
      View Details
    • Contact for pricing
      320,000 SF

      The Tapestry Retail Space

      Largo, MD Retail Opportunity
      9300 Lottsford Rd, Largo, MD 20774
      View Details
    • Contact for pricing
      550,000 SF

      Prime Bowie Retail Center

      Multiple suites, 1,100-10,000 SF
      10410-10696 Campus Way, Kettering, MD 20774
      View Details
    • Contact for pricing
      111,403 SF

      Watkins Park Plaza Executive Suite

      Prime Executive Office Space Available
      50 Watkins Park Dr, Upper Marlboro, MD 20774
      View Details
    • Contact for pricing
      111,403 SF

      Watkins Park Plaza Retail Space

      Upper Marlboro retail center, 3 suites available.
      50 Watkins Park Dr, Upper Marlboro, MD 20774
      View Details
    • Contact for pricing

      Retail Space in Prince George’s

      Neighborhood shopping center in a heavily concentrated residential community.
      99 Kettering Dr, Upper Marlboro, MD 20774
      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.
    1330 Mccormick Dr
    Upper Marlboro, MD 20774-5398
    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.
    Sign Up Successful!
    You now have access to more from Realmo!