Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    217 Werner Rd Baltimore, MD 21226-1729
    Property profile & analytics

    217 Werner Rd, Baltimore, MD 21226-1729

    View on Map
    • Investment properties
    • 1,104 SF
    • 0.25 lot acres
    Off-Market
    Property ID
    US40-0858518
    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

    • Investment properties

    Property Details for 217 Werner Rd

    Year built
    1964
    Lot size
    0.25 lot acres
    Zone code
    W3
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    03-000-08563660
    APU
    300008563660

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 9, 2025 — Michelle L Kimmel — Deed · related $166k · Newrez LLC
    May 10, 2021 — Michelle L Kimmel — Deed · related $122k · Newrez LLC
    Sep 25, 2019 — Michelle L Kimmel — Deed · related $124k · Ditech Financial LLC
    Nov 15, 2017 $130,000 Michelle L Kimmel Dugger,patricia J Grant Deed $126k · Howard Bk
    Dec 22, 2010 — Patricia J Dugger Dugger,patricia J Quit Claim Deed · related —
    — — Patricia J Dugger — Deed Of Trust · related $50k · Us Coast Guard Yard Cu
    — — Patricia Dugger — Deed Of Trust · related $94k · Bank Of America
    — — Patricia J Dugger Estate — Deed Of Trust · related $50k · Provident Bank Maryland
    — — Patricia J Dugger — Deed Of Trust · related $50k · Bank Of America

    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
    Baltimore
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.5549
    Latitude
    39.1893
    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
    $2,444
    $0.00
    $0.00
    $233,700
    -
    $155,500
    $109,000
    $264,500

    Comparable in this City

    • Value Estimation
      $530,000
      1,120 SF

      8220 Ft Smallwood Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      8220 Ft Smallwood Rd, Baltimore, MD 21226-1918
      View Details
    • Value Estimation
      $520,000
      1,134 SF

      7215 Ft Smallwood Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      7215 Ft Smallwood Rd, Baltimore, MD 21226-1715
      View Details
    • Value Estimation
      $685,000
      2,472 SF

      8230 Ft Smallwood Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      8230 Ft Smallwood Rd, Baltimore, MD 21226-1918
      View Details
    • Value Estimation
      $910,000
      1,866 SF

      8022 Ft Smallwood Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      8022 Ft Smallwood Rd, Baltimore, MD 21226-1910
      View Details
    • Value Estimation by Request
      1,282 SF

      6712 Ft Smallwood Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      6712 Ft Smallwood Rd, Baltimore, MD 21226-1709
      View Details
    • Value Estimation by Request
      937 SF

      6706 Ft Smallwood Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      6706 Ft Smallwood Rd, Baltimore, MD 21226-1709
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,488 SF

      Pasadena Area Multifamily Commercial Property

      0.42 acre commercial property with redevelopment potential near Stoney Creek.
      8226 Fort Smallwood Rd, Baltimore, MD 21226
      View Details
    • $335,000
      0.04 Acres

      Mixed-Use Property in Baltimore City

      Mixed-use property featuring a barber shop and rental units.
      4800 Curtis Ave, Curtis Bay, MD 21226
      View Details
    • $2,150,000
      18,798 SF

      1900 Benhill Ave

      Free-standing, Industrial property for sale in Baltimore, MD
      1900 Benhill Ave, Baltimore, MD 21226
      View Details

    Similar Nearby for Lease

    • $1,950 /Mo

      5102 CURTIS, Baltimore, MD 21226

      Office Units
      5102 Curtis Ave, Baltimore, MD 21226
      View Details
    • Contact for pricing
      36,344 SF

      Baltimore Logistics Facility For Rent

      161,322 SF logistics facility near I-695 and Port.
      6611 Cabot Rd, Baltimore, MD 21226
      View Details
    • Contact for pricing

      Industrial Bay for Storage

      4,000 SF warehouse space with loading dock.
      7609 Energy Ct, Baltimore, MD 21226
      View Details
    • Contact for pricing

      End-Cap Suite for Personal Care

      Well-suited for salon, spa, or general retail use.
      8111 Fort Smallwood Rd, Riviera Beach, MD 21226
      View Details
    • $1,500 /Mo
      1,999 SF

      Renovated Commercial Space in Baltimore

      Prime commercial space with flexible layout and great parking.
      5102 Curtis Ave, Curtis Bay, MD 21226
      View Details
    • Contact for pricing

      Paved, Fenced, Secured Lot

      Paved, fenced, and secured lot with highway access.
      7601 Energy Pkwy, Baltimore, MD 21226
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    217 Werner Rd
    Baltimore, MD 21226-1729
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    217 Werner Rd, Baltimore, MD, 21226
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!