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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    15900 York Rd Sparks, MD 21152-9376

    • Commercial real estate
    • 10,500 SF
    • 2.63 lot acres
    OFF-MARKET
    Value Estimations
    $380,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-0605127
    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

    • Crocker Farm, Inc / Auction House

    Property Details for 15900 York Rd

    Lot size
    2.63 lot acres
    Property size
    10,500 SF
    Zone code
    BRCR
    Property type
    Commercial real estate
    APN
    08-2500005887
    APU
    82500005887

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $380,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Sparks
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.6567
    Latitude
    39.5605
    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
    $3,562
    $407,000
    $180,800
    $587,800
    -
    $407,000
    $180,800
    $587,800

    Comparable in this City

    • Value Estimation by Request
      2,736 SF

      15722 Fls Rd

      COMMERCIAL (GENERAL) • 2,736 SF
      15722 Fls Rd, Sparks, MD 21152-9582
      View Details
    • Value Estimation by Request
      1,634 SF

      14824 York Rd

      COMMERCIAL (GENERAL) • 1,634 SF
      14824 York Rd, Sparks, MD 21152-9317
      View Details
    • Value Estimation
      $485,000
      2,522 SF

      1500 Glencoe Rd

      COMMERCIAL (GENERAL) • 2,522 SF
      1500 Glencoe Rd, Sparks Glenco, MD 21152-9388
      View Details
    • Value Estimation
      $270,000
      0.11 Acres

      954 Ridgebrook Rd Ste, Unit 230

      COMMERCIAL CONDOMINUIM • 0.11 Acres
      954 Ridgebrook Rd Ste, Sparks, MD 21152-9470
      View Details
    • Value Estimation
      $265,000
      12.04 Acres

      Sparks Vly Rd

      INDUSTRIAL (GENERAL) • 12.04 Acres
      Sparks Vly Rd, Sparks, MD 21152
      View Details
    • Value Estimation
      $305,000
      817 SF

      913 Ridgebrook Rd Ste, Unit 212

      CONDOMINIUM OFFICES • 817 SF
      913 Ridgebrook Rd Ste, Sparks Glenco, MD 21152-9467
      View Details

    Similar Nearby for Sale

    • $650,000

      York Road Specialty Property

      Specialty property available for sale on York Road.
      15929 York Rd, Sparks Glencoe, MD 21152
      View Details
    • $2,600,000
      8,086 SF

      Historic Estate with Modern Amenities

      A 1904 estate on 19.27 acres with luxurious amenities.
      1623 Glencoe Rd, Sparks Glencoe, MD 21152
      View Details
    • $510,000

      Specialty Property For Sale

      Specialty property available for purchase.
      11 Old Forge Garth, Sparks Glencoe, MD 21152
      View Details
    • $599,000
      2.99 Acres

      Land in Western Run Valley

      2.99-acre parcel in Sparks Glencoe, ready for architectural vision.
      14498 Western Rd, Sparks Glencoe, MD 21152
      View Details
    • $599,000
      3.01 Acres

      Land in Sparks Glencoe, MD

      3.01-acre parcel ready for architectural vision in Western Run Valley.
      14490 Western Rd, Sparks Glencoe, MD 21152
      View Details
    • $644,900

      Renovated Farmhouse with Equestrian Amenities

      Renovated 3-bedroom farmhouse on 6 acres with equestrian facilities.
      15317 York Rd, Sparks Glencoe, MD 21152
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,200 SF

      Retail Pad Site For Lease

      Up to 7,200 SF pad site available for lease.
      10 Fila Way, Sparks Glencoe, MD 21152
      View Details
    • $381,780
      1,793 SF

      Sparks Glencoe Office Space

      Office space available for rent in Sparks Glencoe, Maryland.
      913 Ridgebrook Rd, Sparks Glencoe, MD 21152
      View Details
    • Contact for pricing
      1,700 SF

      Flex/R&D and Office Space

      Flex/R&D and office space in northern Baltimore County.
      53 Loveton Cir, Sparks, MD 21152
      View Details
    • Contact for pricing
      130,000 SF

      Loveton Business Park: Flex Space Available

      Modern Flex & R&D Space in Sparks, MD
      47 Loveton Cir, Sparks Glencoe, MD 21152
      View Details
    • Contact for pricing
      10,601 SF

      Class A Office Building Space

      69,737 SF Class A office building for lease.
      920-930 Ridgebrook Rd, Sparks, MD 21152
      View Details
    • $1,082,550
      2,190 SF

      Sparks Glencoe Office Space Available

      Office space for rent in Sparks Glencoe, Maryland.
      909 Ridgebrook Rd, Sparks Glencoe, MD 21152
      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.
    15900 York Rd
    Sparks, MD 21152-9376
    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.
    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.