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    Property profile & analytics

    20231 Middletown Rd Freeland, MD 21053-9630

    • Commercial real estate
    • 1.42 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US40-1802274
    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

    • Freeland Wine & Spirits / Wine Store

    Property Details for 20231 Middletown Rd

    Lot size
    1.42 lot acres
    Zone code
    BL
    Property type
    Commercial real estate
    APN
    06-0613040400
    APU
    60613040400

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Freeland
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.7281
    Latitude
    39.6807
    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
    $734
    $113,600
    $7,500
    $121,100
    -
    $113,600
    $7,500
    $121,100

    Comparable in this City

    • Value Estimation by Request
      1,457 SF

      20108 Middletown Rd

      COMMERCIAL (GENERAL) • 1,457 SF
      20108 Middletown Rd, Freeland, MD 21053-9435
      View Details
    • Value Estimation by Request
      2,302 SF

      311 Freeland Rd

      COMMERCIAL (GENERAL) • 2,302 SF
      311 Freeland Rd, Freeland, MD 21053
      View Details
    • Value Estimation by Request
      2,100 SF

      21500 York Rd

      COMMERCIAL (GENERAL) • 2,100 SF
      21500 York Rd, Freeland, MD 21053-9616
      View Details
    • Value Estimation by Request
      1,536 SF

      21609 Parker Rd

      WAREHOUSE, STORAGE • 1,536 SF
      21609 Parker Rd, Freeland, MD 21053-9704
      View Details
    • Value Estimation by Request
      2.50 Acres

      Gunpowder Rd

      INDUSTRIAL (GENERAL) • 2.50 Acres
      Gunpowder Rd, Freeland, MD 21053
      View Details
    • Value Estimation by Request
      7.90 Acres

      Middletown Rd

      INDUSTRIAL (GENERAL) • 7.90 Acres
      Middletown Rd, Freeland, MD 21053
      View Details

    Similar Nearby for Sale

    • $450,000
      3.01 Acres

      Income-Producing Triplex with Business Potential

      Fully occupied triplex on 3 acres with business potential.
      21525 York Rd, Freeland, MD 21053
      View Details
    • $300,000

      Hereford Zone Ready-to-Build Lot

      2.5 acre lot with well and perc, ready to build.
      21049 Slab Bridge Rd, Freeland, MD 21053
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    • $350,000
      2,192 SF

      Tenant-Occupied Triplex on York Road

      Income-producing triplex with immediate rental income in a sought-after location.
      21521 York Rd, Freeland, MD 21053
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    • $514,000

      Freeland Specialty Property for Sale

      Specialty property available in Freeland, Maryland.
      20809 Keeney Mill Rd, Freeland, MD 21053
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    • $1,750,000
      3.62 Acres

      Freeland Commercial Property with Income

      Bar, restaurant, liquor store, apartments, and house for sale.
      21603 Middletown Rd, Freeland, MD 21053
      View Details
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    20231 Middletown Rd
    Freeland, MD 21053-9630
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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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