Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1380 Progress Way Eldersburg, MD 21784-6464

    • Office Properties & Spaces
    • 771 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    $250,000
    Location Intelligence
    Property ID
    US40-0349087
    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

    • Orthopaedics/OB/GYN/primary care / Hospital
    • Carroll Primary Care: Brewster Kevin J DO / Doctor
    • Rosas Teresa L / Doctor
    • Miller Marilyn D MD / Cosmetic Surgeon
    • Reusing Sarah P PhD / Psychologist

    Property Details for 1380 Progress Way

    Lot size
    0.02 lot acres
    Property size
    771 SF
    Zone code
    C-3
    Property type
    Office Properties & Spaces
    APN
    05-111218
    APU
    5111218

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $250,000
      6.5%
      $250,000
      7%
      $220,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $240,000
      Geo Method
      $265,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $220,000
      Retail
      $190,000
      Mixed-Use
      $245,000
      Hospitality
      $190,000
      Educational
      $210,000
      Residential Income
      $260,000
      Energy
      $190,000
      Income-Based Land
      $200,000
      Food Service
      $250,000

    Location Insight

    • Map
    • Local Demand
    City
    Eldersburg
    County
    Carroll
    State
    Maryland
    Longitude
    -76.947
    Latitude
    39.4135
    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
    $1,637
    $43,400
    $101,500
    $144,900
    -
    $43,400
    $101,500
    $144,900

    Comparable in this City

    • Value Estimation by Request
      21,867 SF

      6937 Warfield Ave, Unit 13

      CONDOMINIUM OFFICES • 21,867 SF
      6937 Warfield Ave, Sykesville, MD 21784-7454
      View Details
    • Value Estimation by Request
      12,885 SF

      6937 Warfield Ave, Unit 4

      CONDOMINIUM OFFICES • 12,885 SF
      6937 Warfield Ave, Sykesville, MD 21784-7454
      View Details
    • Value Estimation by Request
      13,077 SF

      6937 Warfield Ave, Unit 5

      CONDOMINIUM OFFICES • 13,077 SF
      6937 Warfield Ave, Sykesville, MD 21784-7454
      View Details
    • Value Estimation by Request
      1,712 SF

      1643 Liberty Rd, Unit 2E

      CONDOMINIUM OFFICES • 1,712 SF
      1643 Liberty Rd, Sykesville, MD 21784-6544
      View Details
    • Value Estimation
      $330,000
      2,325 SF

      730 Old Liberty Rd Ste, Unit 203

      CONDOMINIUM OFFICES • 2,325 SF
      730 Old Liberty Rd Ste, Eldersburg, MD 21784-8520
      View Details
    • Value Estimation by Request
      1,496 SF

      1643 Liberty Rd, Unit 1F

      CONDOMINIUM OFFICES • 1,496 SF
      1643 Liberty Rd, Sykesville, MD 21784-6544
      View Details

    Similar Nearby for Sale

    • $679,000
      5,600 SF

      Sykesville Office Building For Sale

      5,600 SF office building available in Sykesville, Maryland.
      1319 Lee Ln, Sykesville, MD 21784
      View Details
    • $245,000
      1,259 SF

      Eldersburg Office Space For Sale

      1,259 SF open space ready to be designed.
      1643 Liberty Rd, Eldersburg, MD 21784
      View Details
    • $2,200,000
      6,392 SF

      Sykesville Industrial Property - MD

      Spacious industrial building, 1.57 acres. Great Sykesville location.
      881 Sandosky Rd, Sykesville, MD 21784
      View Details
    • $900,000

      Sykesville Specialty Property for Sale

      Specialty property available for purchase in Sykesville, Maryland.
      6202 Candle Ct, Sykesville, MD 21784
      View Details
    • $495,000

      Sykesville Specialty Property For Sale

      Specialty property available for purchase in Sykesville, Maryland.
      1128 Taylor Park Rd, Sykesville, MD 21784
      View Details
    • $299,700

      Eldersburg Specialty Property Available

      Specialty property for sale in Eldersburg, Maryland.
      1625 Andylin Way, Eldersburg, MD 21784
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      68,200 SF

      Eldersburg Office & Warehouse Space

      Versatile Office/Flex/Warehouse Units Available
      1430 Progress Way, Eldersburg, MD 21784
      View Details
    • Contact for pricing
      21,080 SF

      Future Direct-Entry Office Space

      Upcoming office space with direct entry in Sykesville, MD.
      411 Liberty Rd, Sykesville, MD 21784
      View Details
    • $21 SF/Yr
      18,596 SF

      Eldersburg Office Building for Lease

      Prime Eldersburg Office Space Available
      1425 Liberty Rd, Eldersburg, MD 21784
      View Details
    • $2,700 /Mo
      1,307 SF

      Eldersburg Office Space For Lease

      Office space with parking, signage, and convenient location in Eldersburg.
      6306 Sykesville Rd, Eldersburg, MD 21784
      View Details
    • $25 SF/Yr
      8,341 SF

      Eldersburg Office Space For Rent

      Newly renovated office space with ample parking and great visibility.
      1332 Londontown Blvd, Eldersburg, MD 21784
      View Details
    • $1,650 /Mo

      Fenced Commercial Parking Lot Rental

      Secured commercial parking lot with gated access and potential storage.
      3868 Sykesville Rd, Sykesville, MD 21784
      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.
    1380 Progress Way
    Eldersburg, MD 21784-6464
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.