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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    227 Cockeysville Rd Cockeysville, MD 21030-2125

    • Auto shops
    • 2,880 SF
    • 0.39 lot acres
    OFF-MARKET
    Last Sale
    Feb 22, 2021
    $1,350,000
    Value Estimations
    $1,845,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-0804236
    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

    • Auto shops

    Property Details for 227 Cockeysville Rd

    Year built
    1992
    Construction
    BRICK
    Lot size
    0.39 lot acres
    Property size
    2,880 SF
    Zone code
    ML
    Property type
    Auto shops
    APN
    08-0812061610
    APU
    80812061610

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,605,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,555,000
      Market price range: $509k - $2.63M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cockeysville
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.6515
    Latitude
    39.4796
    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
    $5,776
    $0.00
    $0.00
    $913,667
    -
    $620,000
    $306,400
    $926,400

    Comparable in this City

    • Value Estimation by Request
      1,260 SF

      11009 York Rd

      AUTO REPAIR, GARAGE • 1,260 SF
      11009 York Rd, Cockeysville, MD 21030-2004
      View Details
    • Value Estimation by Request
      17,160 SF

      105 Beaver Ct

      AUTO REPAIR, GARAGE • 17,160 SF
      105 Beaver Ct, Cockeysville, MD 21030-2106
      View Details
    • Value Estimation by Request
      2,910 SF

      131 Church Ln

      AUTO REPAIR, GARAGE • 2,910 SF
      131 Church Ln, Cockeysville, MD 21030-4903
      View Details
    • Value Estimation by Request
      3,104 SF

      10125 York Rd

      AUTO REPAIR, GARAGE • 3,104 SF
      10125 York Rd, Cockeysville, MD 21030-3305
      View Details
    • Value Estimation by Request
      1,479 SF

      10300 York Rd

      AUTO REPAIR, GARAGE • 1,479 SF
      10300 York Rd, Cockeysville, MD 21030-3203
      View Details
    • Value Estimation
      $635,000
      9,460 SF

      10117 York Rd

      AUTO REPAIR, GARAGE • 9,460 SF
      10117 York Rd, Cockeysville, MD 21030-3305
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.01 Acres

      Cockeysville Retail Space - I-83 Access

      Prime Retail/Office Space, High Visibility, Move-In Ready
      11010 York Ave, Cockeysville, MD 21030
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    • Contact for pricing
      2,656 SF

      Freestanding Building with Drive Thru

      Freestanding 2,600 SF building on 0.72 acre parcel.
      9840 York Rd, Cockeysville, MD 21030
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    • $5,519,360

      Retail Property on York Road

      Retail property available for sale in Cockeysville, Maryland.
      11320 York Rd, Cockeysville, MD 21030
      View Details
    • Contact for pricing
      0.70 Acres

      Cockeysville Retail & Office Space

      York Road prime location, flexible space.
      10854 York Rd, Cockeysville, MD 21030
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    • $1,250,000

      Specialty Property for Sale

      Specialty property available for purchase.
      14213 Greencroft Ln, Cockeysville, MD 21030
      View Details
    • $659,990

      New Townhome End Unit

      End unit townhome with SkyLanai, available December 2025.
      13818 Ridgeview Ct, Cockeysville, MD 21030
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    Similar Nearby for Lease

    • $850 /Mo
      436 SF

      Updated Office/Retail Space Available

      Office or retail space with high traffic and great location.
      11010 York Ave, Cockeysville, MD 21030
      View Details
    • Contact for pricing
      6,287 SF

      Retail Space in Hunt Valley

      Retail space available in Hunt Valley, delivering in 2026.
      11060 York Rd, Cockeysville, MD 21030
      View Details
    • Contact for pricing
      1,750 SF

      York Road Retail Space Available

      1,750 SF lower level retail space for lease.
      10112-10130 York Rd, Cockeysville, MD 21030
      View Details
    • Contact for pricing
      12,900 SF

      Retail Space in Renovated Center

      Retail space available for lease in a newly renovated center.
      9946 York Rd, Cockeysville, MD 21030
      View Details
    • $6,375 /Mo

      York Road Retail/Office Space

      Retail and office space available in a bustling Cockeysville location.
      10854 York Rd, Cockeysville, MD 21030
      View Details
    • Contact for pricing
      113,214 SF

      Hunt Valley Exchange: Flex Space Available

      Prime Flex/R&D Space, Abundant Parking
      0 York Rd At Wight Ave, Cockeysville, MD 21030
      View Details
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    227 Cockeysville Rd
    Cockeysville, MD 21030-2125
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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.

    More about this property
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