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    Property profile & analytics

    1937 Greenspring Dr Lutherville Timonium, MD 21093-4113

    • Warehouses
    • 4,353 SF
    • 0.44 lot acres
    OFF-MARKET
    Value Estimation
    $345,000
    Location Intelligence
    Property ID
    US40-0914523
    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

    • Champions Soccer Training / Sports School
    • Phoenix Foods / Association / Organization / Restaurant
    • BJM Foods LLC / Supermarket

    Property Details for 1937 Greenspring Dr

    Year built
    1966
    Construction
    BRICK
    Lot size
    0.44 lot acres
    Property size
    4,353 SF
    Zone code
    ML
    Property type
    Warehouses
    APN
    08-1600004423
    APU
    81600004423

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $435,000
      6.5%
      $370,000
      7%
      $395,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $425,000
      Geo Method
      $430,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $365,000
      Retail
      $335,000
      Mixed-Use
      $470,000
      Hospitality
      $355,000
      Educational
      $345,000
      Residential Income
      $420,000
      Energy
      $340,000
      Income-Based Land
      $360,000
      Food Service
      $375,000

    Location Insight

    • Map
    • Local Demand
    City
    Lutherville Timonium
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.6288
    Latitude
    39.4333
    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
    $5,653
    $676,900
    $158,900
    $835,800
    -
    $676,900
    $158,900
    $835,800

    Comparable in this City

    • Value Estimation by Request
      93,764 SF

      410 Padonia Rd

      MINI-WAREHOUSE, STORAGE • 93,764 SF
      410 Padonia Rd, Lutherville Timonium, MD 21093-2259
      View Details
    • Value Estimation by Request
      1,204 SF

      1508 Riderwood Dr

      WAREHOUSE, STORAGE • 1,204 SF
      1508 Riderwood Dr, Lutherville Timonium, MD 21093
      View Details
    • Value Estimation
      $675,000
      1,026 SF

      Cockeysville Rd

      WAREHOUSE, STORAGE • 1,026 SF
      Cockeysville Rd, Lutherville Timonium, MD 21093
      View Details
    • Value Estimation
      $750,000
      1,344 SF

      2441 Broad Ave

      WAREHOUSE, STORAGE • 1,344 SF
      2441 Broad Ave, Timonium, MD 21093
      View Details
    • Value Estimation
      $605,000
      2,000 SF

      1967 Greenspring Dr

      WAREHOUSE, STORAGE • 2,000 SF
      1967 Greenspring Dr, Lutherville Timonium, MD 21093-4113
      View Details
    • Value Estimation
      $1,125,000
      15,600 SF

      2032 Greenspring Dr

      WAREHOUSE, STORAGE • 15,600 SF
      2032 Greenspring Dr, Lutherville, MD 21093-4114
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      74,900 SF

      1940 Greenspring Dr

      Distribution properties • 74,900 SF
      1940 Greenspring Dr, Timonium, MD 21093
      View Details
    • Contact for pricing
      15,634 SF

      Lutherville Timonium Warehouse Space Available

      Warehouse/industrial property with easy access to major transportation routes.
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    • Contact for pricing
      4,200 SF

      Lutherville-Timonium Industrial Space Available

      4,200 SF industrial space for rent in Lutherville-Timonium, MD.
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      View Details
    • Contact for pricing
      4,800 SF

      Deereco Road Flex/Industrial Space

      Flex/Industrial space with high visibility and easy access.
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    • Contact for pricing
      196,000 SF

      Timonium Exchange: Flex Space Available

      Prime Timonium location, flexible space.
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    • Contact for pricing
      101,200 SF

      Yorkridge Center South: Timonium Flex Space

      Prime Timonium flex space, multiple suites available.
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    Lutherville Timonium, MD 21093-4113
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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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