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    Property profile & analytics

    2312 Joppa Rd Parkville, MD 21234-2808

    • Medical offices
    • 5,403 SF
    • 1.11 lot acres
    OFF-MARKET
    Value Estimation
    $2,110,000
    Last Sale
    Jun 29, 2021
    $1,875,000
    Location Intelligence
    Property ID
    US40-2237585
    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

    • Medical offices

    Property Details for 2312 Joppa Rd

    Year built
    1959
    Construction
    BRICK
    Lot size
    1.11 lot acres
    Property size
    5,403 SF
    Zone code
    BLCS2
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    09-1600004234
    APU
    91600004234

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,230,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,675,000
      6.5%
      $1,765,000
      7%
      $1,795,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,750,000
      Geo Method
      $1,700,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,035,000
      Retail
      $2,035,000
      Mixed-Use
      $1,550,000
      Hospitality
      $1,525,000
      Educational
      $1,680,000
      Residential Income
      $2,060,000
      Energy
      $1,670,000
      Income-Based Land
      $1,725,000
      Food Service
      $1,875,000

    Location Insight

    • Map
    • Local Demand
    City
    Parkville
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.5375
    Latitude
    39.3987
    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
    $13,775
    $1,470,100
    $361,100
    $1,831,200
    -
    $1,470,100
    $361,100
    $1,831,200

    Comparable in this City

    • Value Estimation by Request
      876 SF

      8709 Harford Rd

      MEDICAL BUILDING • 876 SF
      8709 Harford Rd, Baltimore, MD 21234-4607
      View Details
    • Value Estimation
      $245,000
      1,808 SF

      8903 Harford Rd

      MEDICAL BUILDING • 1,808 SF
      8903 Harford Rd, Baltimore, MD 21234-4111
      View Details
    • Value Estimation
      $225,000
      1,809 SF

      8509 Harford Rd

      MEDICAL BUILDING • 1,809 SF
      8509 Harford Rd, Baltimore, MD 21234-4619
      View Details
    • Value Estimation by Request
      6,757 SF

      2100 Joppa Rd

      MEDICAL BUILDING • 6,757 SF
      2100 Joppa Rd, Baltimore, MD 21234-2804
      View Details
    • Value Estimation by Request
      5,600 SF

      8109 Harford Rd

      MEDICAL BUILDING • 5,600 SF
      8109 Harford Rd, Parkville, MD 21234-9205
      View Details
    • Value Estimation by Request
      2,760 SF

      8113 Harford Rd

      MEDICAL BUILDING • 2,760 SF
      8113 Harford Rd, Baltimore, MD 21234-5790
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing

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      Land in a dense retail corridor with strong traffic counts.
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    • Contact for pricing
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      Retail Space in Renovated Plaza

      Grocery-anchored power center with easy access and great visibility.
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    • $2,000 /Mo

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    2312 Joppa Rd
    Parkville, MD 21234-2808
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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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