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    208 N Crain Hwy Glen Burnie, MD 21061
    Property profile & analytics

    208 N Crain Hwy Glen Burnie, MD 21061

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    • Medical Office Space
    • 2,128 SF
    • 0.17 lot acres
    For Lease
    $2,700/Mo
    View Listing →
    Medical/Dental Office Space Available For Lease
    $2,700/Mo

    Medical/Dental Office Space Available

    Negotiable medical/dental office space for lease.

    208 CRAIN Hwy, Glen Burnie, MD 21061
    View Listing
    Property ID
    US40-0970444
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Family Dentistry Indra Sidhu DDS PC / Dental Office
    • Dr. Daljeet S. Sidau, MD / Physician
    • Dr. Paul Vidziunas / Dental Office
    • Dragon Moon Tattoo Studio Inc / Tattoo & Piercing Shop

    Property Details for 208 N Crain Hwy

    Year built
    1920
    Construction
    BRICK
    Lot size
    0.17 lot acres
    Property size
    2,128 SF
    Zone code
    C2
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    05-326-01599400
    APU
    532601599400

    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
    Glen Burnie
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.6274
    Latitude
    39.1613
    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
    $3,692
    $0.00
    $0.00
    $338,100
    -
    $278,700
    $92,800
    $371,500

    Comparable in this City

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      $575,000
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      416 A SW St

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    • Value Estimation
      $18,125,000
      66,920 SF

      200 Hospital Dr

      MEDICAL BUILDING • 66,920 SF
      200 Hospital Dr, Glen Burnie, MD 21061-5884
      View Details
    • Value Estimation
      $630,000
      2,925 SF

      7836 Oakwood Rd

      MEDICAL BUILDING • 2,925 SF
      7836 Oakwood Rd, Glen Burnie, MD 21061-4298
      View Details
    • Value Estimation
      $500,000
      1,861 SF

      7600 Ritchie Hwy

      MEDICAL BUILDING • 1,861 SF
      7600 Ritchie Hwy, Glen Burnie, MD 21061-3718
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    • Value Estimation
      $2,160,000
      6,370 SF

      7116 Ritchie Hwy

      MEDICAL BUILDING • 6,370 SF
      7116 Ritchie Hwy, Glen Burnie, MD 21061-2904
      View Details
    • Value Estimation
      $1,470,000
      8,012 SF

      7801 Elvaton Ct

      MEDICAL BUILDING • 8,012 SF
      7801 Elvaton Ct, Glen Burnie, MD 21061-6763
      View Details

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      Glen Burnie Office Space Available

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      3,479 SF specialty property available for sale.
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    Similar Nearby for Lease

    • $2,700 /Mo
      7,501 SF

      Glen Burnie Commercial Lease Opportunity

      Negotiable square footage available for lease in Glen Burnie.
      208 Crain Hwy, Glen Burnie, MD 21061
      View Details
    • $20 SF/Yr
      2,000 SF

      Medical Suite in Glen Burnie

      First floor medical suite near Route 100 and Crain Highway.
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      View Details
    • $2,700 /Mo

      Medical/Dental Office Space Available

      Negotiable medical/dental office space for lease.
      208 Crain Hwy, Glen Burnie, MD 21061
      View Details
    • Contact for pricing
      5,621 SF

      Glen Burnie Office Space Available

      Office space for rent near University of Maryland Baltimore Washington.
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      View Details
    • Contact for pricing

      Medical Office Space Near Hospital

      Medical office suites available near University of Maryland Medical Center.
      7845 Oakwood Rd, Glen Burnie, MD 21061
      View Details
    • $18 SF/Yr
      1,000 SF

      Turnkey Medical/Office Space Available

      1000 SF medical/office space with ample parking near I-97.
      7836 Oakwood Rd, Glen Burnie, MD 21061
      View Details
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    Glen Burnie, MD 21061
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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.

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    208 N Crain Hwy, Glen Burnie, MD, 21061
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