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    Property profile & analytics

    1517 Ridgeside Dr Mount Airy, MD 21771-5285

    • Medical offices
    • 4,552 SF
    • 0.47 lot acres
    OFF-MARKET
    Value Estimation
    $855,000
    Last Sale
    Jan 08, 2025
    $900,000
    Location Intelligence
    Property ID
    US40-0892564
    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

    • Medical offices

    Property Details for 1517 Ridgeside Dr

    Year built
    1988
    Construction
    BRICK
    Lot size
    0.47 lot acres
    Property size
    4,552 SF
    Zone code
    CC
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    13-021023
    APU
    13021023

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $845,000

    • CAP approach

      CAP return
      Estimation
      6%
      $875,000
      6.5%
      $810,000
      7%
      $825,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $885,000
      Geo Method
      $920,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $790,000
      Retail
      $870,000
      Mixed-Use
      $845,000
      Hospitality
      $835,000
      Educational
      $1,020,000
      Residential Income
      $975,000
      Energy
      $825,000
      Income-Based Land
      $825,000
      Food Service
      $780,000

    Location Insight

    • Map
    • Local Demand
    City
    Mount Airy
    County
    Carroll
    State
    Maryland
    Longitude
    -77.1624
    Latitude
    39.3634
    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
    $9,946
    $243,500
    $523,800
    $767,300
    -
    $243,500
    $523,800
    $767,300

    Comparable in this City

    • Value Estimation by Request
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      301 Watersville Rd

      MEDICAL BUILDING • 3,764 SF
      301 Watersville Rd, Mount Airy, MD 21771-5513
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    • Value Estimation by Request
      2,461 SF

      4 Culwell Dr

      MEDICAL BUILDING • 2,461 SF
      4 Culwell Dr, Mount Airy, MD 21771
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    • Value Estimation
      $225,000
      1,232 SF

      701 Main St

      MEDICAL BUILDING • 1,232 SF
      701 Main St, Mount Airy, MD 21771-7435
      View Details
    • Value Estimation by Request
      4,048 SF

      1304 Main St

      MEDICAL BUILDING • 4,048 SF
      1304 Main St, Mount Airy, MD 21771-5329
      View Details
    • Value Estimation by Request
      3,770 SF

      16105 Frederick Rd

      MEDICAL BUILDING • 3,770 SF
      16105 Frederick Rd, Mount Airy, MD 21771
      View Details

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      28,656 SF

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      Mount Airy Specialty Property

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      Land For Sale

      Land available for sale.
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    Similar Nearby for Lease

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      Mt. Airy MD Commercial Property

      Multi-use building, prime location, high income area
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      Mount Airy Professional Office Suite

      Professional office suite in Mt. Airy, MD, available for lease.
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    • $5,000 /Mo

      Mount Airy Retail/Office Space

      Retail and office spaces available for lease in Mount Airy.
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    • $16 SF/Yr
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      Mount Airy Office Space Lease

      Office spaces available for lease in Mount Airy, Maryland.
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    • $1,000 /Mo

      Mount Airy Professional Office Space

      Professional office space in desirable Mount Airy commercial area.
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    • $385 /Mo

      Office Space in Mount Airy

      Single-user office space available in Mount Airy, Maryland.
      1517 Ridgeside Dr, Mount Airy, MD 21771
      View Details

    Property Visit Statistics

    • Visits by month
      3.3k
    • Visitors by month
      2.5k
    • Avg Time on site
      33 min
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    Mount Airy, MD 21771-5285
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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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