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    Property profile & analytics

    21603 Middletown Rd Freeland, MD 21053

    • Bars
    • 5,638 SF
    • 3.62 lot acres
    For Sale
    View listing
    $1,825,000
    Value Estimation
    Last Sale
    Nov 09, 2021
    $730,000
    Location Intelligence
    Property ID
    US40-2151583
    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

    • watering hole pub / Restaurant
    • Bourbon Tavern / Bar & Grill / Liquor Store

    Property Details for 21603 Middletown Rd

    Year built
    1920
    Construction
    FRAME
    Lot size
    3.62 lot acres
    Property size
    5,638 SF
    Zone code
    BL
    Property type
    Bars
    Property subtype
    Pubs
    APN
    06-1700002381
    APU
    61700002381

    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
    -76.7615
    Latitude
    39.7169
    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
    $3,052
    $188,000
    $315,600
    $503,600
    -
    $188,000
    $315,600
    $503,600

    Comparable in this City

    • Value Estimation
      $560,000
      2,208 SF

      20416 Middletown Rd

      BAR, TAVERN • 2,208 SF
      20416 Middletown Rd, Freeland, MD 21053-9621
      View Details
    • Value Estimation
      $385,000
      2,400 SF

      20234 Middletown Rd

      SERVICE STATION (FULL SERVICE) • 2,400 SF
      20234 Middletown Rd, Freeland, MD 21053-9629
      View Details
    • Value Estimation by Request
      2,920 SF

      20200 Middletown Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,920 SF
      20200 Middletown Rd, Freeland, MD 21053-9629
      View Details
    • Value Estimation by Request
      4,662 SF

      21600 New Freedom Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,662 SF
      21600 New Freedom Rd, Freeland, MD 21053-9603
      View Details
    • Value Estimation
      $660,000
      1,650 SF

      19901 Gore Ml Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,650 SF
      19901 Gore Ml Rd, Freeland, MD 21053-9551
      View Details
    • Value Estimation by Request
      4,000 SF

      19536 Middletown Rd

      AUTO REPAIR, GARAGE • 4,000 SF
      19536 Middletown Rd, Freeland, MD 21053-9404
      View Details

    Similar Nearby for Sale

    • $1,825,000
      3.62 Acres

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      View Details
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      4.4 acre certified organic farm with restored 5-bedroom farmhouse.
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    • $350,000
      2,192 SF

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      Income-producing triplex with immediate rental income in a sought-after location.
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    21603 Middletown Rd
    Freeland, MD 21053
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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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