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    2808 Liberty Rd Sykesville, MD 21784
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    Property profile & analytics

    2808 Liberty Rd Sykesville, MD 21784

    View on Map
    • Auto shops
    • 1,242 SF
    • 1.81 lot acres
    For Lease
    $3,000/Mo
    View Listing →
    Restaurant Space on Liberty Road For Lease
    $3,000/Mo
    1,700 SF

    Restaurant Space on Liberty Road

    Restaurant space for rent with parking and street visibility.

    2808 Liberty Rd, Sykesville, MD 21784
    View Listing
    Property ID
    US40-1341856
    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

    • Auto shops

    Property Details for 2808 Liberty Rd

    Year built
    1957
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.81 lot acres
    Property size
    1,242 SF
    Zone code
    C-1
    Property type
    Auto shops
    APN
    05-023866
    APU
    5023866

    Description

    This exceptional mixed-use property at 2808 Liberty Road in Sykesville, Maryland, presents a lucrative investment opportunity. Boasting 3,478 square feet on a sizable 1.81-acre lot, this corner property offers significant potential for diverse uses. Currently generating over $115,000 in annual rental income from existing tenants, this asset provides immediate cash flow. The substantial lot size allows for expansion or future development, catering to a variety of commercial ventures. The property's prime location in Sykesville ensures high visibility and accessibility, attracting a broad customer base. Detailed lease information is available upon request. This is an ideal acquisition for investors seeking a stable, high-return investment with significant upside potential. The property's current success and substantial lot size make it a rare find in the thriving Sykesville market. Don't miss this chance to secure a valuable asset with proven income and considerable growth prospects. Contact us today to learn more about this exceptional opportunity.

    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
    Sykesville
    County
    Carroll
    State
    Maryland
    Longitude
    -76.8966
    Latitude
    39.3975
    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
    $6,281
    $417,500
    $138,300
    $555,800
    -
    $417,500
    $138,300
    $555,800

    Comparable in this City

    • Value Estimation
      $690,000
      3,450 SF

      1441 Liberty Rd

      AUTO REPAIR, GARAGE • 3,450 SF
      1441 Liberty Rd, Eldersburg, MD 21784-6432
      View Details
    • Value Estimation
      $785,000
      5,680 SF

      6100 Sykesville Rd

      AUTO REPAIR, GARAGE • 5,680 SF
      6100 Sykesville Rd, Eldersburg, MD 21784-6407
      View Details
    • Value Estimation
      $965,000
      4,800 SF

      6320 Sykesville Rd

      AUTO REPAIR, GARAGE • 4,800 SF
      6320 Sykesville Rd, Sykesville, MD 21784-7911
      View Details
    • Value Estimation by Request
      1,499 SF

      7306 Springfield Ave

      AUTO REPAIR, GARAGE • 1,499 SF
      7306 Springfield Ave, Sykesville, MD 21784-7549
      View Details
    • Value Estimation
      $515,000
      2,560 SF

      1233 Liberty Rd

      AUTO REPAIR, GARAGE • 2,560 SF
      1233 Liberty Rd, Eldersburg, MD 21784-7927
      View Details
    • Value Estimation
      $905,000
      4,500 SF

      33 Old Liberty Rd

      AUTO REPAIR, GARAGE • 4,500 SF
      33 Old Liberty Rd, Sykesville, MD 21784-8631
      View Details

    Similar Nearby for Sale

    • $449,900

      C2 Zoned Commercial Opportunity

      Commercial property with high traffic, visibility, and investment potential.
      6242 Sykesville Rd, Sykesville, MD 21784
      View Details
    • $1,250,000

      Commercial Land in Prime Location

      Commercial land with building in a desirable location.
      2038 Liberty Rd, Sykesville, MD 21784
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    • $1,250,000
      1.07 Acres

      Commercial Land in Prime Location

      1.07 acres of commercial land in Southern Carroll County.
      2038 Liberty Rd, Sykesville, MD 21784
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Equipped Automotive Shop For Lease

      Ready-to-use automotive shop with drive-in door available for lease.
      6340 South Carroll Park Dr, Eldersburg, MD 21784
      View Details
    • $1,650 /Mo

      Fenced Commercial Parking Lot

      Commercial parking lot with secure access and storage shed.
      3868 Sykesville Rd, Sykesville, MD 21784
      View Details
    • Contact for pricing

      Sykesville Industrial Building Sublease Opportunity

      13,500 SF industrial building with showroom/office in Eldersburg Industrial Park.
      5329 Enterprise St, Sykesville, MD 21784
      View Details
    • Contact for pricing
      2,000 SF

      Freestanding Retail or Office Building

      2,000 SF retail or office building with high visibility.
      7503 Village Rd, Sykesville, MD 21784
      View Details
    • Contact for pricing
      3,863 SF

      Sykesville Retail Space Available

      Retail spaces available in Sykesville, Maryland.
      6400 Ridge Rd, Sykesville, MD 21784
      View Details
    • Contact for pricing

      Sykesville Commercial Space for Lease

      Office or retail space available for immediate occupancy in Sykesville.
      1341 W Liberty Rd, Sykesville, MD 21784
      View Details
    View Listing
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    2808 Liberty Rd
    Sykesville, MD 21784
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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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    2808 Liberty Rd, Sykesville, MD, 21784
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