Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2719 Fallston Rd Fallston, MD 21047
    Back to Search
    Property profile & analytics

    2719 Fallston Rd, Fallston, MD 21047

    View on Map
    • Community centers
    • 19,783 SF
    • 6.10 lot acres
    Off-Market
    Last Sale Feb 24, 2022
    $5,800,000
    Property ID
    US40-1174075
    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
    $5,760,000
    Show details
    Cap Rate Potential
    3.9%
    Community centers
    Location Intelligence

    Current Use by Public Records

    • Community centers

    Property Details for 2719 Fallston Rd

    Year built
    1988
    Construction
    BRICK
    Lot size
    6.10 lot acres
    Zone code
    B1 AG
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    04-083466
    APU
    4083466

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 24, 2022 $5,800,000 2719 2751 Fallston LLC Crossroads Station Associates LLC Special Warranty Deed $4.4M · Bank Of Clarke County
    Aug 26, 2019 — Crossroads Station Assocs LLC — Deed · related $3.3M · Peoplesbank/cordorus Vly
    Oct 3, 2017 $3,050,000 Crossroads Station Associates LLC Baltimore Washington Science And In Special Warranty Deed $3.1M · Presidential Bank Fsb
    — — Crossroads Station Assocs LLC — Deed Of Trust · related $3.3M · Peoplesbank/cordorus Vly
    — — Science Baltimore-washington — Deed Of Trust · related $2.5M · Bank Of America
    — — Baltimore-washington Science — Deed Of Trust · related $2.3M · First Mariner Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,950,000
      ML approach
      $5,490,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,845,000
      6.5%
      $3,550,000
      7%
      $3,300,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $3,750,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Fallston
    County
    Harford
    State
    Maryland
    Longitude
    -76.4721
    Latitude
    39.5441
    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
    2022
    $38,379
    $1,637,000
    $1,878,800
    $3,515,800
    -
    $1,637,000
    $1,878,800
    $3,515,800

    Comparable in this City

    • Value Estimation
      $530,000
      8,636 SF

      2316 Bel Air Rd

      MINI-MALL
      2316 Bel Air Rd, Fallston, MD 21047-2705
      View Details
    • Value Estimation by Request
      8,700 SF

      2108 Fallston Rd

      SHOPPING CENTER, STRIP CENTER
      2108 Fallston Rd, Fallston, MD 21047-1442
      View Details
    • Value Estimation
      $2,065,000
      6,889 SF

      220 Mtn Rd

      WHOLESALE OUTLET, DISCOUNT STORE
      220 Mtn Rd, Fallston, MD 21047-2840
      View Details
    • Value Estimation
      $3,720,000
      13,206 SF

      228 Mtn Rd

      WHOLESALE OUTLET, DISCOUNT STORE
      228 Mtn Rd, Fallston, MD 21047-2840
      View Details
    • Value Estimation
      $25,445,000
      152,130 SF

      303 Fallston Blvd

      WHOLESALE OUTLET, DISCOUNT STORE
      303 Fallston Blvd, Fallston, MD 21047-2540
      View Details
    • Value Estimation
      $2,480,000
      3,600 SF

      1918 Bel Air Rd

      SHOPPING CENTER, STRIP CENTER
      1918 Bel Air Rd, Fallston, MD 21047-2768
      View Details

    Similar Nearby for Sale

    • $2,200,000
      8,940 SF

      Profitable Fallston Retail Center

      Established Garden Center & More!
      2222 Fallston Rd, Fallston, MD 21047
      View Details
    • $2,750,000

      Freestanding Retail Property For Sale

      10,032 SF retail property on 3.03 acres with drive-thru.
      2101 Fallston Rd, Fallston, MD 21047
      View Details
    • $974,997

      Versatile Warehouse Space in Fallston

      Customizable warehouse with multiple entrances and prime location.
      1010 Main St, Fallston, MD 21047
      View Details
    • Contact for pricing
      9,788 SF

      Harford Road Commercial Property

      Available commercial property with office and warehouse space.
      1708 Harford Rd, Fallston, MD 21047
      View Details
    • $974,997
      9,000 SF

      Versatile Commercial Property in Fallston

      Customizable warehouse space with prime location and development potential.
      1010 Main St, Fallston, MD 21047
      View Details
    • $339,000
      1.74 Acres

      Land in Wilson Fields Community

      1.35-acre lot to build your custom dream home.
      2509 Port Ln, Fallston, MD 21047
      View Details

    Similar Nearby for Lease

    • $3,500 /Mo
      40,511 SF

      Fallston Retail Showroom For Lease

      Remodeled showroom with high traffic exposure and customer parking.
      2101 Bel Air Rd, Fallston, MD 21047
      View Details
    • $3,500 /Mo

      Retail Showroom with High Traffic

      Remodeled retail showroom with high traffic exposure and parking.
      2101 Bel Air Rd, Fallston, MD 21047
      View Details
    • $1,250 /Mo

      Fallston Office Space For Rent

      Office space available in Fallston with level access.
      2813A Bel Air Rd, Fallston, MD 21047
      View Details
    • $1,250 /Mo
      114,127 SF

      Fallston Office Space For Lease

      Office space available in Fallston, MD, starting 4/1/26.
      2813A Bel Air Rd, Fallston, MD 21047
      View Details
    • Contact for pricing

      Fallston Commercial Land for Lease

      2.96 acre commercially zoned land in Fallston, Maryland.
      2401 Pleasantville Rd, Fallston, MD 21047
      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.
    2719 Fallston Rd
    Fallston, MD 21047
    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
    2719 Fallston Rd, Fallston, MD, 21047
    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!