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    Property profile & analytics

    19 Main St Laurel, MD 20707

    • Warehouses
    • 5,720 SF
    • 0.54 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-0319675
    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

    • Cennit Used Car Rental & Leasing / Car Rental Facility
    • Traffik RENT-A-CAR / Car Rental Facility
    • Salvacars autobody / Auto Repair Shop
    • Crossroads Auto Repair Services / Auto Repair Shop

    Property Details for 19 Main St

    Year built
    1950
    Construction
    BRICK
    Lot size
    0.54 lot acres
    Property size
    5,720 SF
    Zone code
    LAUR
    Property type
    Warehouses
    APN
    10-1053008
    APU
    101053008

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,595,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.8413
    Latitude
    39.1032
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 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
    $12,394
    $0.00
    $0.00
    $751,633
    -
    $210,900
    $995,000
    $1,205,900

    Comparable in this City

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      8538 Catalpa St

      MINI-WAREHOUSE, STORAGE • 60,450 SF
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    • Value Estimation
      $6,905,000
      49,470 SF

      14201 Cherry Ln Ct

      WAREHOUSE, STORAGE • 49,470 SF
      14201 Cherry Ln Ct, Laurel, MD 20707-4957
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    • Value Estimation
      $785,000
      7,070 SF

      161 1st St

      WAREHOUSE, STORAGE • 7,070 SF
      161 1st St, Laurel, MD 20707
      View Details
    • Value Estimation by Request
      1,248 SF

      44 Washington S Blvd

      WAREHOUSE, STORAGE • 1,248 SF
      44 Washington S Blvd, Laurel, MD 20707-4342
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    • Value Estimation
      $11,395,000
      36,000 SF

      5200 Minnick Rd

      WAREHOUSE, STORAGE • 36,000 SF
      5200 Minnick Rd, Laurel, MD 20707-3138
      View Details
    • Value Estimation
      $4,595,000
      28,598 SF

      7806 Braygreen Rd

      WAREHOUSE, STORAGE • 28,598 SF
      7806 Braygreen Rd, Laurel, MD 20707-5170
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Warehouse/Office with Easy Access

      7,500 SF warehouse/office space with convenient highway access.
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      Laurel MD Industrial/Flex Space

      11,400 SF industrial/flex space in Laurel, Maryland for sale.
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      Laurel Office Space: Prime Location

      Affordable Office Suites in Laurel, MD
      14440 Cherry Ln Ct Unit, Laurel, MD 20707
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    • Contact for pricing
      0.06 Acres

      Laurel Office Condo - Prime Location

      Spacious Office Condo near major routes.
      13681 Baltimore Ave, Laurel, MD 20707
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    • $3,700,000
      16,880 SF

      Renovated Class A Office Space

      Fully renovated office space ideal for medical or professional use.
      14750 Sweitzer Ln, Laurel, MD 20707
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    Similar Nearby for Lease

    • Contact for pricing
      2,500 SF

      Laurel Office Space For Rent

      Office space available in Laurel, MD with ample parking.
      300 Thomas Dr, Laurel, MD 20707
      View Details
    • $1,500 /Mo

      Professional Office Space Available

      Elegant office space with private offices and conference room.
      8740 Cherry Ln, Laurel, MD 20707
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    • Contact for pricing

      Laurel Office Space For Rent

      Office spaces available with excellent parking and convenient location.
      14405 Laurel Pl, Laurel, MD 20707
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      2,448 SF

      Retail Space in Laurel, MD

      Retail space available in community shopping center.
      351-357 Montrose Ave, Laurel, MD 20707
      View Details
    • Contact for pricing
      7,798 SF

      Retail Space in Laurel, MD

      Retail space available in Laurel Shopping Center.
      1009 Fairlawn Ave, Laurel, MD 20707
      View Details
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    19 Main St
    Laurel, MD 20707
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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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