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    1818 York Rd Lutherville Timonium, MD 21093-5174
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    Property profile & analytics

    1818 York Rd Lutherville Timonium, MD 21093-5174

    View on Map
    • Turn key restaurants
    • 6,524 SF
    • 1.99 lot acres
    Off-Market
    Property ID
    US40-0823665
    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.
    Value Estimations
    $895,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bertucci's Italian Restaurant / Restaurant
    • Creators' Kitchen as Seen on TikTok / Restaurant
    • Pardon My Cheesesteak / Restaurant
    • NASCAR Wings / Restaurant
    • Foodgod Truffle Fries / Restaurant

    Property Details for 1818 York Rd

    Year built
    1994
    Construction
    BRICK
    Lot size
    1.99 lot acres
    Property size
    6,524 SF
    Zone code
    BLCCC
    Property type
    Turn key restaurants
    APN
    08-0818037830
    APU
    80818037830

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Lutherville Timonium
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.6231
    Latitude
    39.4316
    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
    $18,175
    $1,809,000
    $446,000
    $2,255,000
    -
    $1,809,000
    $446,000
    $2,255,000

    Comparable in this City

    • Value Estimation
      $1,330,000
      7,797 SF

      60 Timonium Rd

      RESTAURANT • 7,797 SF
      60 Timonium Rd, Lutherville, MD 21093-3103
      View Details
    • Value Estimation
      $2,060,000
      6,301 SF

      2323 York Rd

      RESTAURANT • 6,301 SF
      2323 York Rd, Lutherville Timonium, MD 21093-2215
      View Details
    • Value Estimation
      $815,000
      988 SF

      15 Aylesbury Rd Ste, Unit 700

      RESTAURANT • 988 SF
      15 Aylesbury Rd Ste, Timonium, MD 21093-4169
      View Details
    • Value Estimation
      $1,785,000
      7,681 SF

      2119 York Rd

      RESTAURANT • 7,681 SF
      2119 York Rd, Lutherville Timonium, MD 21093-3110
      View Details
    • Value Estimation by Request
      161 SF

      2047 York Rd

      RESTAURANT • 161 SF
      2047 York Rd, Lutherville Timonium, MD 21093-4230
      View Details
    • Value Estimation
      $1,720,000
      5,178 SF

      2306 York Rd

      RESTAURANT • 5,178 SF
      2306 York Rd, Timonium, MD 21093-2214
      View Details

    Similar Nearby for Sale

    • $1,200,000

      Prime Commercial Land For Sale

      0.66-acre site ideal for retail, office, or medical use.
      2412-2416 York Rd, Lutherville Timonium, MD 21093
      View Details
    • Contact for pricing
      2,349 SF

      Boutique Office/Retail Building For Sale

      Boutique office/retail building in Greenspring Valley, renovated in 2000.
      10829 Falls Rd, Lutherville Timonium, MD 21093
      View Details
    • $150,000
      1,124 SF

      Brightwood Living in Greenspring Valley

      Senior living community on 50 acres near I-695 and I-83.
      108 Brightwood Club Dr, Lutherville Timonium, MD 21093
      View Details
    • $600,000

      High Visibility Office Space For Sale

      Office space with high traffic and flexible configuration.
      2063 York Rd, Lutherville Timonium, MD 21093
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,350 SF

      Freestanding Restaurant/Retail Building For Rent

      Freestanding ±8,350 SF restaurant/retail building on ±1.247 acres.
      60 W Timonium Rd, Lutherville Timonium, MD 21093
      View Details
    • Contact for pricing

      Timonium Retail and Flex Space

      Retail and flex/R&D space in Timonium, Baltimore County.
      1830-1840-1850 York Rd, Timonium, MD 21093
      View Details
    • $34 SF/Yr
      2,500 SF

      High-Visibility Retail Space Available

      2,500 SF retail space in high-traffic Timonium location.
      Lutherville, Timonium, MD 21093
      View Details
    • Contact for pricing

      Timonium Exchange Prime Location

      Located on Greenspring Drive, offering easy access and visibility.
      2125 Greenspring Dr, Timonium, MD 21093
      View Details
    • Contact for pricing
      4,702 SF

      Timonium Retail Space Available

      4,702 SF retail space for lease in Timonium, MD.
      2045 York Rd, Timonium, MD 21093
      View Details
    • Contact for pricing
      1,400 SF

      Prime Retail Space in Timonium

      Retail space in high-traffic Baltimore County location for lease.
      2101-2107 York Rd, Timonium, MD 21093
      View Details

    Property Visit Statistics

    • Visits by month
      6.9k
    • Visitors by month
      6.1k
    • Avg Time on site
      58 min
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    Lutherville Timonium, MD 21093-5174
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    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
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    1818 York Rd, Lutherville Timonium, MD, 21093
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