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    Property profile & analytics

    1718 Hanson Rd Edgewood, MD 21040-2324

    • Investment properties
    • 1,372 SF
    • 0.61 lot acres
    OFF-MARKET
    Value Estimation
    $440,000
    Last Sale
    Jan 13, 2025
    $425,000
    Location Intelligence
    Property ID
    US40-1145392
    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

    • Investment properties

    Property Details for 1718 Hanson Rd

    Year built
    1946
    Construction
    FRAME
    Lot size
    0.61 lot acres
    Property size
    1,372 SF
    Zone code
    B2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    01-061496
    APU
    1061496

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $470,000

    • CAP approach

      CAP return
      Estimation
      6%
      $445,000
      6.5%
      $485,000
      7%
      $400,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $375,000
      Geo Method
      $385,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $455,000
      Retail
      $465,000
      Mixed-Use
      $485,000
      Hospitality
      $480,000
      Educational
      $430,000
      Residential Income
      $470,000
      Energy
      $435,000
      Income-Based Land
      $380,000
      Food Service
      $425,000

    Location Insight

    • Map
    • Local Demand
    City
    Edgewood
    County
    Harford
    State
    Maryland
    Longitude
    -76.3111
    Latitude
    39.4254
    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
    2022
    $2,388
    $105,700
    $115,300
    $221,000
    -
    $105,700
    $115,300
    $221,000

    Comparable in this City

    • Value Estimation
      $300,000
      1,059 SF

      2210 Cedar Ln

      OFFICE/RESIDENTIAL (MIXED USE) • 1,059 SF
      2210 Cedar Ln, Edgewood, MD 21040-3302
      View Details
    • Value Estimation
      $335,000
      1,888 SF

      1600 Edgewood Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,888 SF
      1600 Edgewood Rd, Edgewood, MD 21040-1008
      View Details
    • Value Estimation
      $235,000
      1,248 SF

      1606 Edgewood Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,248 SF
      1606 Edgewood Rd, Edgewood, MD 21040-1008
      View Details
    • Value Estimation
      $205,000
      1,014 SF

      2201 Roth Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,014 SF
      2201 Roth Rd, Edgewood, MD 21040-1015
      View Details
    • Value Estimation by Request
      1,096 SF

      2208 Cedar Ln

      OFFICE/RESIDENTIAL (MIXED USE) • 1,096 SF
      2208 Cedar Ln, Edgewood, MD 21040-3302
      View Details
    • Value Estimation
      $240,000
      1,638 SF

      1610 Edgewood Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,638 SF
      1610 Edgewood Rd, Edgewood, MD 21040-1008
      View Details

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    Similar Nearby for Lease

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      Retail space available in Edgewood's major retail corridor.
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      1,870 SF

      Dominant Shopping Center Retail Space

      Retail space available in a dominant shopping center.
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      Commercial land with great access and visibility for lease.
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      View Details
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    Edgewood, MD 21040-2324
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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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