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    Property profile & analytics

    23501 Henry Rd Ridgely, MD 21660

    • Office buildings
    • 504 SF
    • 9.20 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US40-1568342
    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

    • Mt Aire Farms / Farm
    • Mountaire Farms Grain Elevator - Ridgely / Grain Elevator
    • Mountaire Farms Grain Elevator / Grain Elevator

    Property Details for 23501 Henry Rd

    Year built
    1966
    Construction
    BRICK
    Lot size
    9.20 lot acres
    Property size
    504 SF
    Zone code
    R
    Property type
    Office buildings
    APN
    07-000928
    APU
    7000928

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ridgely
    County
    Caroline
    State
    Maryland
    Longitude
    -75.8893
    Latitude
    38.9373

    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
    $41,420
    $0.00
    $0.00
    $3,793,067
    -
    $416,500
    $3,456,300
    $3,872,800

    Comparable in this City

    • Value Estimation
      $300,000
      5,356 SF

      2 Central Ave

      OFFICE BUILDING • 5,356 SF
      2 Central Ave, Ridgely, MD 21660-2022
      View Details
    • Value Estimation
      $245,000
      1,982 SF

      510 Central Ave

      OFFICE BUILDING • 1,982 SF
      510 Central Ave, Ridgely, MD 21660-2030
      View Details
    • Value Estimation
      $280,000
      2,532 SF

      1 Central Ave

      OFFICE BUILDING • 2,532 SF
      1 Central Ave, Ridgely, MD 21660-2022
      View Details
    • Value Estimation by Request
      504 SF

      Ridgely, MD 21660

      OFFICE BUILDING • 504 SF
      Ridgely, MD 21660
      View Details
    • Value Estimation
      $260,000
      945 SF

      Bell Rd

      OFFICE BUILDING • 945 SF
      Bell Rd, Ridgely, MD 21660
      View Details
    • Value Estimation
      $420,000
      6,060 SF

      2 Maple Ave

      OFFICE BUILDING • 6,060 SF
      2 Maple Ave, Ridgely, MD 21660-1923
      View Details

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      Specialty property available for purchase in Ridgely, Maryland.
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      Serene 2.5-acre wooded lot in Ridgely, MD, perc approved.
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    • $129,000
      3.33 Acres

      Ridgely, MD 3.3-Acre Wooded Lot

      3.3-acre wooded lot in Ridgely, MD, ready for your dream home.
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    • $675,000

      Large Hunting Farm Auction

      Hunting farm with timber and food plots, auction ending soon.
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    Similar Nearby for Lease

    • $10 SF/Yr

      Ridgely MD Office Space Available

      3800 SF office space, formerly a childcare center.
      2 N Maple Ave, Ridgely, MD 21660
      View Details
    • $6 SF/Yr
      38,885 SF

      Office Warehouse Space in Ridgely

      8000 SF office warehouse space for lease in Ridgely, MD.
      6 N Maple Ave, Ridgely, MD 21660
      View Details
    • $13 SF/Yr
      40,511 SF

      Retail/Office Space in Ridgely, MD

      Versatile space suitable for retail, office, or food-related businesses.
      204 E 6Th St, Ridgely, MD 21660
      View Details
    • $13 SF/Yr
      40,511 SF

      Retail Space in Ridgely, MD

      Open retail space suitable for a variety of business uses.
      204 E 6Th St, Ridgely, MD 21660
      View Details
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    23501 Henry Rd
    Ridgely, MD 21660
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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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