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    Property profile & analytics

    15513 Hanover Pike Upperco, MD 21155-9740

    • Outlet malls
    • 2,808 SF
    • 8.50 lot acres
    OFF-MARKET
    Value Estimation
    $1,155,000
    Last Sale
    Apr 30, 2025
    $1,000,000
    Location Intelligence
    Property ID
    US40-0906053
    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

    • Spring Meadow Farms / Event Venue
    • Farmer Stan's Plants & Produce / Produce Market
    • The Bus Stop / Ice Cream Shop
    • Char’d Barbecue / Barbecue Restaurant

    Property Details for 15513 Hanover Pike

    Construction
    FRAME
    Lot size
    8.50 lot acres
    Property size
    2,808 SF
    Property type
    Outlet malls
    APN
    04-2300006587
    APU
    42300006587

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,185,000

    • CAP approach

      CAP return
      Estimation
      6%
      $910,000
      6.5%
      $1,015,000
      7%
      $945,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,100,000
      Geo Method
      $1,045,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,170,000
      Retail
      $1,050,000
      Mixed-Use
      $1,070,000
      Hospitality
      $1,170,000
      Educational
      $965,000
      Residential Income
      $1,030,000
      Energy
      $1,005,000
      Income-Based Land
      $915,000
      Food Service
      $1,070,000

    Location Insight

    • Map
    • Local Demand
    City
    Upperco
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.8384
    Latitude
    39.5508
    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
    $2,893
    $0.00
    $0.00
    $477,333
    -
    $278,700
    $219,100
    $497,800

    Comparable in this City

    • Value Estimation by Request
      1,512 SF

      15302 Hanover Pike

      RESTAURANT • 1,512 SF
      15302 Hanover Pike, Upperco, MD 21155-9727
      View Details
    • Value Estimation by Request
      2,881 SF

      15303 Hanover Pike

      CONVENIENCE STORE • 2,881 SF
      15303 Hanover Pike, Upperco, MD 21155
      View Details
    • Value Estimation by Request
      10,800 SF

      5414 Arcadia Ave

      VEHICLE SALES, RENTALS • 10,800 SF
      5414 Arcadia Ave, Upperco, MD 21155-9387
      View Details
    • Value Estimation
      $295,000
      3,619 SF

      15102 Hanover Pike

      BAR, TAVERN • 3,619 SF
      15102 Hanover Pike, Upperco, MD 21155-9741
      View Details
    • Value Estimation by Request
      378 SF

      17318 Fls Rd

      RETAIL STORES (PERSONAL SERVICES) • 378 SF
      17318 Fls Rd, Upperco, MD 21155-9571
      View Details
    • Value Estimation
      $320,000
      1,506 SF

      17319 Fls Rd

      GROCERY, SUPERMARKET • 1,506 SF
      17319 Fls Rd, Upperco, MD 21155-9583
      View Details

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    15513 Hanover Pike
    Upperco, MD 21155-9740
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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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